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Sierra Bancorp

80 hedge funds and large institutions have $114M invested in Sierra Bancorp in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 19

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

3% more funds holding

Funds holding: 7880 (+2)

6% less capital invested

Capital invested by funds: $122M → $114M (-$7.73M)

Holders
80
Holders Change
+2
Holders Change %
+2.56%
% of All Funds
2.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
38
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$852K +$313K +18,015 +54%
California Public Employees Retirement System
27
California Public Employees Retirement System
California
$840K +$101K +5,800 +13%
TCIM
28
TIAA CREF Investment Management
New York
$836K -$38.5K -2,218 -4%
BIM
29
BlackRock Investment Management
Delaware
$830K +$50.4K +2,906 +6%
MAM
30
Martingale Asset Management
Massachusetts
$758K +$320K +18,465 +69%
TC
31
TFS Capital
Pennsylvania
$756K +$42.4K +2,442 +6%
Charles Schwab
32
Charles Schwab
California
$723K +$135K +7,773 +22%
Prudential Financial
33
Prudential Financial
New Jersey
$627K +$125K +7,200 +24%
SO
34
STRS Ohio
Ohio
$587K +$52.1K +3,000 +9%
DCM
35
Dupont Capital Management
Delaware
$548K +$570K +32,854 New
CIC
36
Cornercap Investment Counsel
Georgia
$523K +$544K +31,320 New
BCM
37
BHZ Capital Management
California
$476K +$126K +7,233 +34%
AllianceBernstein
38
AllianceBernstein
Tennessee
$461K +$479K +27,596 New
MERSOM
39
Municipal Employees' Retirement System of Michigan
Michigan
$430K +$292K +16,800 +187%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$408K -$8.68K -500 -2%
Wells Fargo
41
Wells Fargo
California
$352K -$493K -28,423 -57%
First Trust Advisors
42
First Trust Advisors
Illinois
$312K +$324K +18,664 New
TA
43
Teachers Advisors
New York
$302K +$29.8K +1,717 +10%
DC
44
Deere & Company
Illinois
$278K +$289K +16,672 New
WCM
45
Wedge Capital Management
North Carolina
$269K
PPA
46
Parametric Portfolio Associates
Washington
$251K -$67.1K -3,864 -20%
CAM
47
ClariVest Asset Management
California
$244K -$116K -6,689 -31%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$244K -$66.7K -3,845 -21%
BCM
49
Basswood Capital Management
New York
$243K -$5.09M -293,339 -95%
MC
50
Menta Capital
California
$235K

BSRR Hedge Fund Activity: Q2 2016 in Review

80 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q2 2016, worth a combined $114M — down 6.3% from $122M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BSRR positions and 8 closed out — a net gain of 3 holders — while 38 added to existing stakes and 19 trimmed.

The largest buyer was Maltese Capital Management, adding an estimated $2.06M. The largest seller was Basswood Capital Management, cutting an estimated $5.09M.

  • 80 institutional investors held Sierra Bancorp (BSRR) as of Q2 2016, up from 78 in Q1 2016.
  • Funds reported $114M of Sierra Bancorp stock for Q2 2016, down 6.3% quarter-over-quarter.
  • 11 funds opened new Sierra Bancorp positions in Q2 2016 and 8 closed out, a net change of +3 holders.
  • The largest Sierra Bancorp buyer in Q2 2016 was Maltese Capital Management, an estimated $2.06M added.
  • The largest Sierra Bancorp seller in Q2 2016 was Basswood Capital Management, an estimated $5.09M sold.

Based on aggregated 13F filings for Q2 2016.