Sierra Bancorp
BSRR
51 hedge funds and large institutions have $107M invested in Sierra Bancorp in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
2% more funds holding
Funds holding: 50 → 51 (+1)
1% more capital invested
Capital invested by funds: $106M → $107M (+$897K)
0% more call options, than puts
Call options by funds: $16K | Put options by funds: $16K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$4.4M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$558K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$333K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$194K |
| 5 |
Goldman Sachs
New York
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
FSI Group
Cincinnati,
Ohio
|
-$3.02M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$894K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$451K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$360K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$295K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Lazard Asset Management
New York
| $1K | – | – | – |
|
|
FG
52
FSI Group
Cincinnati,
Ohio
| – | -$3.02M | -204,392 | Closed |
|
BSRR Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2013, worth a combined $107M — up 0.84% from $106M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BSRR positions and 1 closed out — a net gain of 1 holder — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $4.4M. The largest seller was FSI Group, exiting entirely with an estimated $3.02M sold.
- 51 institutional investors held Sierra Bancorp (BSRR) as of Q3 2013, up from 50 in Q2 2013.
- Funds reported $107M of Sierra Bancorp stock for Q3 2013, up 0.84% quarter-over-quarter.
- 2 funds opened new Sierra Bancorp positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Sierra Bancorp buyer in Q3 2013 was Basswood Capital Management, an estimated $4.4M added.
- The largest Sierra Bancorp seller in Q3 2013 was FSI Group, an estimated $3.02M sold.
Based on aggregated 13F filings for Q3 2013.