Sierra Bancorp
BSRR
58 hedge funds and large institutions have $113M invested in Sierra Bancorp in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 56 → 58 (+2)
0% more call options, than puts
Call options by funds: $16K | Put options by funds: $16K
2% less capital invested
Capital invested by funds: $115M → $113M (-$1.95M)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$2.73M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$1.16M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$928K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$592K |
| 5 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.57M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.1M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$694K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$659K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$400K |
BSRR Hedge Fund Activity: Q2 2014 in Review
58 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q2 2014, worth a combined $113M — down 1.7% from $115M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BSRR positions and 4 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Private Management Group, adding an estimated $2.73M. The largest seller was Wellington Management Group, cutting an estimated $2.57M.
- 58 institutional investors held Sierra Bancorp (BSRR) as of Q2 2014, up from 56 in Q1 2014.
- Funds reported $113M of Sierra Bancorp stock for Q2 2014, down 1.7% quarter-over-quarter.
- 6 funds opened new Sierra Bancorp positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest Sierra Bancorp buyer in Q2 2014 was Private Management Group, an estimated $2.73M added.
- The largest Sierra Bancorp seller in Q2 2014 was Wellington Management Group, an estimated $2.57M sold.
Based on aggregated 13F filings for Q2 2014.