Sierra Bancorp
BSRR
72 hedge funds and large institutions have $202M invested in Sierra Bancorp in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 30 reducing their positions, and 8 closing their positions.
6% more capital invested
Capital invested by funds: $190M → $202M (+$11.6M)
1.39% more ownership
Funds ownership: 51.92% → 53.31% (+1.4%)
10% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 30
12% less funds holding
Funds holding: 82 → 72 (-10)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.28M |
| 5 |
Renaissance Technologies
New York
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$3.22M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.95M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.92M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.47M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICOA
76
Investment Centers of America
Bismarck,
North Dakota
| – | -$227K | -8,497 | Closed |
|
|
QI
77
QS Investors
New York
| – | -$148K | -5,552 | Closed |
|
|
PCM
78
Prelude Capital Management
New York
| – | -$120K | -4,500 | Closed |
|
79
EARNEST Partners
Atlanta,
Georgia
| – | -$16K | -600 | Closed |
|
BSRR Hedge Fund Activity: Q1 2017 in Review
72 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q1 2017, worth a combined $202M — up 6.1% from $190M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSRR and 3 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 27 added.
The largest buyer was BlackRock, adding an estimated $20.5M. The largest seller was Private Management Group, cutting an estimated $3.22M.
- 72 institutional investors held Sierra Bancorp (BSRR) as of Q1 2017, down from 82 in Q4 2016.
- Funds reported $202M of Sierra Bancorp stock for Q1 2017, up 6.1% quarter-over-quarter.
- 3 funds opened new Sierra Bancorp positions in Q1 2017 and 8 closed out, a net change of -5 holders.
- The largest Sierra Bancorp buyer in Q1 2017 was BlackRock, an estimated $20.5M added.
- The largest Sierra Bancorp seller in Q1 2017 was Private Management Group, an estimated $3.22M sold.
Based on aggregated 13F filings for Q1 2017.