Sierra Bancorp
BSRR
85 hedge funds and large institutions have $146M invested in Sierra Bancorp in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 18 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
1.19% less ownership
Funds ownership: 55.52% → 54.32% (-1.2%)
11% less funds holding
Funds holding: 96 → 85 (-11)
41% less capital invested
Capital invested by funds: $247M → $146M (-$101M)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.06M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$873K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$743K |
| 5 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$3.3M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| 4 |
Millennium Management
New York
|
-$1.03M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$588K |
BSRR Hedge Fund Activity: Q1 2020 in Review
85 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q1 2020, worth a combined $146M — down 41% from $247M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BSRR and 8 opened new positions — a net loss of 10 holders — while 31 trimmed existing stakes and 30 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $2.06M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $3.3M sold.
- 85 institutional investors held Sierra Bancorp (BSRR) as of Q1 2020, down from 96 in Q4 2019.
- Funds reported $146M of Sierra Bancorp stock for Q1 2020, down 41% quarter-over-quarter.
- 8 funds opened new Sierra Bancorp positions in Q1 2020 and 18 closed out, a net change of -10 holders.
- The largest Sierra Bancorp buyer in Q1 2020 was Assenagon Asset Management, an estimated $2.06M added.
- The largest Sierra Bancorp seller in Q1 2020 was Cooper Creek Partners Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2020.