Bank of Marin Bancorp
BMRC
74 hedge funds and large institutions have $102M invested in Bank of Marin Bancorp in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 8 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 21
9% more capital invested
Capital invested by funds: $94.4M → $102M (+$8.03M)
1% less funds holding
Funds holding: 75 → 74 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.99M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$545K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$514K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$443K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$938K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$862K |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$800K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$352K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Renaissance Technologies
New York
| – | -$287K | -13,800 | Closed |
|
77
JP Morgan Chase
New York
| – | -$264K | -12,734 | Closed |
|
|
GMIM
78
General Motors Investment Management
New York
| – | -$200K | -9,640 | Closed |
|
79
Ameriprise
Minneapolis,
Minnesota
| – | -$14K | -678 | Closed |
|
80
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -208 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -154 | Closed |
|
82
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -28 | Closed |
|
BMRC Hedge Fund Activity: Q4 2013 in Review
74 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Bank of Marin Bancorp (BMRC) for Q4 2013, worth a combined $102M — up 8.5% from $94.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BMRC and 7 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 30 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $3.99M. The largest seller was Lord, Abbett & Co, cutting an estimated $938K.
- 74 institutional investors held Bank of Marin Bancorp (BMRC) as of Q4 2013, down from 75 in Q3 2013.
- Funds reported $102M of Bank of Marin Bancorp stock for Q4 2013, up 8.5% quarter-over-quarter.
- 7 funds opened new Bank of Marin Bancorp positions in Q4 2013 and 8 closed out, a net change of -1 holder.
- The largest Bank of Marin Bancorp buyer in Q4 2013 was Basswood Capital Management, an estimated $3.99M added.
- The largest Bank of Marin Bancorp seller in Q4 2013 was Lord, Abbett & Co, an estimated $938K sold.
Based on aggregated 13F filings for Q4 2013.