Sierra Bancorp
BSRR
60 hedge funds and large institutions have $106M invested in Sierra Bancorp in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
6% less funds holding
Funds holding: 64 → 60 (-4)
8% less capital invested
Capital invested by funds: $115M → $106M (-$9.17M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$957K |
| 2 |
Morgan Stanley
New York
|
+$816K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$558K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$340K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.28M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$328K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$310K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$193K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$145K |
BSRR Hedge Fund Activity: Q3 2015 in Review
60 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2015, worth a combined $106M — down 8% from $115M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BSRR and 3 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $957K. The largest seller was Basswood Capital Management, cutting an estimated $3.28M.
- 60 institutional investors held Sierra Bancorp (BSRR) as of Q3 2015, down from 64 in Q2 2015.
- Funds reported $106M of Sierra Bancorp stock for Q3 2015, down 8% quarter-over-quarter.
- 3 funds opened new Sierra Bancorp positions in Q3 2015 and 6 closed out, a net change of -3 holders.
- The largest Sierra Bancorp buyer in Q3 2015 was BlackRock Institutional Trust, an estimated $957K added.
- The largest Sierra Bancorp seller in Q3 2015 was Basswood Capital Management, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2015.