Sierra Bancorp
BSRR
76 hedge funds and large institutions have $181M invested in Sierra Bancorp in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
6% more funds holding
Funds holding: 72 → 76 (+4)
0.12% less ownership
Funds ownership: 53.31% → 53.19% (-0.12%)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
11% less capital invested
Capital invested by funds: $202M → $181M (-$21.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.15M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.13M |
| 3 |
Renaissance Technologies
New York
|
+$870K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$751K |
| 5 |
BlackRock
New York
|
+$724K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.66M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.46M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$960K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$789K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$759K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $1K | -$7.15K | -281 | -84% |
|
|
EI
77
EAM Investors
Solana Beach,
California
| – | -$789K | -28,755 | Closed |
|
|
DCM
78
Dupont Capital Management
Wilmington,
Delaware
| – | -$622K | -22,677 | Closed |
|
|
WCM
79
Wedge Capital Management
Charlotte,
North Carolina
| – | -$403K | -14,700 | Closed |
|
BSRR Hedge Fund Activity: Q2 2017 in Review
76 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q2 2017, worth a combined $181M — down 11% from $202M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSRR positions and 3 closed out — a net gain of 4 holders — while 26 added to existing stakes and 29 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.15M. The largest seller was Fidelity Investments, cutting an estimated $2.66M.
- 76 institutional investors held Sierra Bancorp (BSRR) as of Q2 2017, up from 72 in Q1 2017.
- Funds reported $181M of Sierra Bancorp stock for Q2 2017, down 11% quarter-over-quarter.
- 7 funds opened new Sierra Bancorp positions in Q2 2017 and 3 closed out, a net change of +4 holders.
- The largest Sierra Bancorp buyer in Q2 2017 was Millennium Management, an estimated $1.15M added.
- The largest Sierra Bancorp seller in Q2 2017 was Fidelity Investments, an estimated $2.66M sold.
Based on aggregated 13F filings for Q2 2017.