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Sierra Bancorp

64 hedge funds and large institutions have $115M invested in Sierra Bancorp in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 3

26% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 19

14% more funds holding

Funds holding: 5664 (+8)

6% more capital invested

Capital invested by funds: $109M → $115M (+$6.12M)

Holders
64
Holders Change
+8
Holders Change %
+14.29%
% of All Funds
1.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
24
Reduced
19
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Basswood Capital Management
New York
$19.9M -$1.37M -81,309 -7%
PMG
2
Private Management Group
California
$15.7M -$242K -14,390 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$11.9M +$165K +9,834 +1%
BFC
4
Banc Funds Company
Illinois
$8.37M
Northern Trust
5
Northern Trust
Illinois
$7.14M -$117K -6,964 -2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$5.65M +$477K +28,360 +10%
BFA
7
BlackRock Fund Advisors
California
$5.3M -$385K -22,898 -7%
DRZID
8
DePrince Race & Zollo Inc (DRZ)
Florida
$3.49M -$571K -33,936 -14%
BIT
9
BlackRock Institutional Trust
California
$3.27M +$599K +35,640 +23%
State Street
10
State Street
Massachusetts
$3.12M +$24K +1,429 +0.8%
MCM
11
Maltese Capital Management
New York
$2.54M
JP Morgan Chase
12
JP Morgan Chase
New York
$2.52M -$35.7K -2,125 -1%
BCM
13
Bridgeway Capital Management
Texas
$2.43M
UM
14
Ulysses Management
New York
$2.15M -$37.2K -2,212 -2%
Renaissance Technologies
15
Renaissance Technologies
New York
$1.52M +$1.05M +62,495 +247%
FP
16
Foundry Partners
Minnesota
$1.51M +$472K +28,055 +48%
Wells Fargo
17
Wells Fargo
California
$1.38M -$455K -27,057 -25%
Morgan Stanley
18
Morgan Stanley
New York
$1.38M +$640K +38,045 +91%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.21M -$28.7K -1,707 -2%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.2M +$54.5K +3,243 +5%
TCIM
21
TIAA CREF Investment Management
New York
$1.02M -$40.7K -2,419 -4%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.02M +$991K +58,963 New
Deutsche Bank
23
Deutsche Bank
Germany
$954K +$866K +51,473 +1,393%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$935K +$31.4K +1,870 +4%
NFA
25
Nationwide Fund Advisors
Ohio
$895K +$93.6K +5,568 +12%

BSRR Hedge Fund Activity: Q2 2015 in Review

64 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q2 2015, worth a combined $115M — up 5.6% from $109M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BSRR positions and 3 closed out — a net gain of 8 holders — while 24 added to existing stakes and 19 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $1.05M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $6.51M.

  • 64 institutional investors held Sierra Bancorp (BSRR) as of Q2 2015, up from 56 in Q1 2015.
  • Funds reported $115M of Sierra Bancorp stock for Q2 2015, up 5.6% quarter-over-quarter.
  • 11 funds opened new Sierra Bancorp positions in Q2 2015 and 3 closed out, a net change of +8 holders.
  • The largest Sierra Bancorp buyer in Q2 2015 was Renaissance Technologies, an estimated $1.05M added.
  • The largest Sierra Bancorp seller in Q2 2015 was Manulife (Manufacturers Life Insurance), an estimated $6.51M sold.

Based on aggregated 13F filings for Q2 2015.