Burke & Herbert Financial Services Corp
BHRB
54 hedge funds and large institutions have $105M invested in Burke & Herbert Financial Services Corp in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.2% less ownership
Funds ownership: 26.45% → 25.25% (-1.2%)
4% less funds holding
Funds holding: 56 → 54 (-2)
15% less capital invested
Capital invested by funds: $124M → $105M (-$18.4M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$627K |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$395K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$362K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$259K |
| 5 |
JP Morgan Chase
New York
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHBT
Burke & Herbert Bank & Trust
Alexandria,
Virginia
|
-$2.05M |
| 2 |
BlackRock
New York
|
-$1.56M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$441K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$417K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$386K |
BHRB Hedge Fund Activity: Q1 2024 in Review
54 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Burke & Herbert Financial Services Corp (BHRB) for Q1 2024, worth a combined $105M — down 15% from $124M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BHRB and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was State Street, adding an estimated $627K. The largest seller was Burke & Herbert Bank & Trust, cutting an estimated $2.05M.
- 54 institutional investors held Burke & Herbert Financial Services Corp (BHRB) as of Q1 2024, down from 56 in Q4 2023.
- Funds reported $105M of Burke & Herbert Financial Services Corp stock for Q1 2024, down 15% quarter-over-quarter.
- 4 funds opened new Burke & Herbert Financial Services Corp positions in Q1 2024 and 6 closed out, a net change of -2 holders.
- The largest Burke & Herbert Financial Services Corp buyer in Q1 2024 was State Street, an estimated $627K added.
- The largest Burke & Herbert Financial Services Corp seller in Q1 2024 was Burke & Herbert Bank & Trust, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2024.