Burke & Herbert Financial Services Corp
BHRB
56 hedge funds and large institutions have $124M invested in Burke & Herbert Financial Services Corp in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
38% more capital invested
Capital invested by funds: $89.3M → $124M (+$34.3M)
10% more funds holding
Funds holding: 51 → 56 (+5)
0.58% more ownership
Funds ownership: 25.86% → 26.45% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$1.83M |
| 2 |
BlackRock
New York
|
+$1.65M |
| 3 |
Bank of New York Mellon
New York
|
+$1.21M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$540K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPIM
McGinn Penninger Investment Management
Alexandria,
Virginia
|
-$3.27M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$2.47M |
| 3 |
SSB
Sandy Spring Bank
Olney,
Maryland
|
-$505K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$343K |
| 5 |
CCG
Cypress Capital Group
Palm Beach,
Florida
|
-$256K |
BHRB Hedge Fund Activity: Q4 2023 in Review
56 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Burke & Herbert Financial Services Corp (BHRB) for Q4 2023, worth a combined $124M — up 38% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BHRB positions and 4 closed out — a net gain of 5 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was State Street, adding an estimated $1.83M. The largest seller was McGinn Penninger Investment Management, exiting entirely with an estimated $3.27M sold.
- 56 institutional investors held Burke & Herbert Financial Services Corp (BHRB) as of Q4 2023, up from 51 in Q3 2023.
- Funds reported $124M of Burke & Herbert Financial Services Corp stock for Q4 2023, up 38% quarter-over-quarter.
- 9 funds opened new Burke & Herbert Financial Services Corp positions in Q4 2023 and 4 closed out, a net change of +5 holders.
- The largest Burke & Herbert Financial Services Corp buyer in Q4 2023 was State Street, an estimated $1.83M added.
- The largest Burke & Herbert Financial Services Corp seller in Q4 2023 was McGinn Penninger Investment Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q4 2023.