Sierra Bancorp
BSRR
83 hedge funds and large institutions have $136M invested in Sierra Bancorp in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 8 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
1.34% less ownership
Funds ownership: 53.43% → 52.1% (-1.3%)
2% less funds holding
Funds holding: 85 → 83 (-2)
8% less capital invested
Capital invested by funds: $148M → $136M (-$11.8M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.31M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$927K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$353K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$325K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.42M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$777K |
| 3 |
Millennium Management
New York
|
-$729K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$614K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$575K |
BSRR Hedge Fund Activity: Q1 2023 in Review
83 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q1 2023, worth a combined $136M — down 8% from $148M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSRR and 6 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 29 added.
The largest buyer was M3F Inc, opening a new position worth an estimated $1.31M. The largest seller was BlackRock, cutting an estimated $1.42M.
- 83 institutional investors held Sierra Bancorp (BSRR) as of Q1 2023, down from 85 in Q4 2022.
- Funds reported $136M of Sierra Bancorp stock for Q1 2023, down 8% quarter-over-quarter.
- 6 funds opened new Sierra Bancorp positions in Q1 2023 and 8 closed out, a net change of -2 holders.
- The largest Sierra Bancorp buyer in Q1 2023 was M3F Inc, an estimated $1.31M added.
- The largest Sierra Bancorp seller in Q1 2023 was BlackRock, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2023.