Sierra Bancorp
BSRR
55 hedge funds and large institutions have $109M invested in Sierra Bancorp in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
8% more funds holding
Funds holding: 51 → 55 (+4)
1% more capital invested
Capital invested by funds: $107M → $109M (+$1.59M)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $16K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$552K |
| 2 |
Morgan Stanley
New York
|
+$461K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$324K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$278K |
| 5 |
Bank of New York Mellon
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.05M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$310K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$279K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$277K |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$252K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $4K | -$12.4K | -720 | -73% |
|
52
Group One Trading
Chicago,
Illinois
| $3K | +$2.92K | +170 | New |
|
53
BNP Paribas Financial Markets
Paris,
France
| $2.51K | +$2.68K | +156 | New |
|
54
Creative Planning
Overland Park,
Kansas
| $2K | +$1.72K | +100 | New |
|
55
Lazard Asset Management
New York
| $1K | – | – | – |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -176 | Closed |
|
|
PAM
57
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -139 | Closed |
|
BSRR Hedge Fund Activity: Q4 2013 in Review
55 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2013, worth a combined $109M — up 1.5% from $107M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BSRR positions and 2 closed out — a net gain of 4 holders — while 15 added to existing stakes and 26 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $552K. The largest seller was Wells Fargo, cutting an estimated $1.05M.
- 55 institutional investors held Sierra Bancorp (BSRR) as of Q4 2013, up from 51 in Q3 2013.
- Funds reported $109M of Sierra Bancorp stock for Q4 2013, up 1.5% quarter-over-quarter.
- 6 funds opened new Sierra Bancorp positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest Sierra Bancorp buyer in Q4 2013 was Basswood Capital Management, an estimated $552K added.
- The largest Sierra Bancorp seller in Q4 2013 was Wells Fargo, an estimated $1.05M sold.
Based on aggregated 13F filings for Q4 2013.