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Sierra Bancorp

55 hedge funds and large institutions have $116M invested in Sierra Bancorp in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 17

3% more capital invested

Capital invested by funds: $112M → $116M (+$3.76M)

5% less funds holding

Funds holding: 5855 (-3)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
55
Holders Change
-3
Holders Change %
-5.17%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
20
Reduced
17
Closed
5
Calls
$18K
Puts
Net Calls
+$18K
Net Calls Change
+$18K
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Basswood Capital Management
New York
$22.1M
PMG
2
Private Management Group
California
$16.2M -$167K -9,955 -1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$11.9M +$209K +12,458 +2%
BFC
4
Banc Funds Company
Illinois
$8.49M
Northern Trust
5
Northern Trust
Illinois
$7.23M +$40.8K +2,436 +0.6%
BFA
6
BlackRock Fund Advisors
California
$5.87M +$753K +44,955 +16%
Vanguard Group
7
Vanguard Group
Pennsylvania
$4.99M +$15.4K +918 +0.3%
DRZID
8
DePrince Race & Zollo Inc (DRZ)
Florida
$4.34M -$267K -15,922 -6%
Goldman Sachs
9
Goldman Sachs
New York
$3.61M -$24.5K -1,464 -0.7%
State Street
10
State Street
Massachusetts
$3.14M -$36K -2,147 -1%
BIT
11
BlackRock Institutional Trust
California
$2.69M -$62.5K -3,729 -2%
JP Morgan Chase
12
JP Morgan Chase
New York
$2.65M -$86.7K -5,175 -3%
BCM
13
Bridgeway Capital Management
Texas
$2.47M
MCM
14
Maltese Capital Management
New York
$2.41M -$926K -55,300 -29%
UM
15
Ulysses Management
New York
$2.22M +$10.8K +646 +0.5%
Wells Fargo
16
Wells Fargo
California
$1.99M -$345K -20,591 -15%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$1.25M +$184K +10,991 +18%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$1.15M +$52.9K +3,157 +5%
TCIM
19
TIAA CREF Investment Management
New York
$1.08M +$135K +8,054 +15%
Morgan Stanley
20
Morgan Stanley
New York
$1.05M +$32.7K +1,950 +3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$914K +$29.2K +1,744 +3%
BIM
22
BlackRock Investment Management
Delaware
$719K +$1.94K +116 +0.3%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$707K
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$644K
Victory Capital Management
25
Victory Capital Management
Texas
$644K +$614K +36,670 New

BSRR Hedge Fund Activity: Q4 2014 in Review

55 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2014, worth a combined $116M — up 3.4% from $112M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of BSRR and 4 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 20 added.

The largest buyer was BlackRock Fund Advisors, adding an estimated $753K. The largest seller was Maltese Capital Management, cutting an estimated $926K.

  • 55 institutional investors held Sierra Bancorp (BSRR) as of Q4 2014, down from 58 in Q3 2014.
  • Funds reported $116M of Sierra Bancorp stock for Q4 2014, up 3.4% quarter-over-quarter.
  • 4 funds opened new Sierra Bancorp positions in Q4 2014 and 5 closed out, a net change of -1 holder.
  • The largest Sierra Bancorp buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $753K added.
  • The largest Sierra Bancorp seller in Q4 2014 was Maltese Capital Management, an estimated $926K sold.

Based on aggregated 13F filings for Q4 2014.