Sierra Bancorp
BSRR
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.
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: 78 → 80 (+2)
6% less capital invested
Capital invested by funds: $122M → $114M (-$7.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$2.06M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.71M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$937K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$829K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$5.09M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.81M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.79M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.59M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$493K |
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.