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Sierra Bancorp

67 hedge funds and large institutions have $120M invested in Sierra Bancorp in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

14% more capital invested

Capital invested by funds: $106M → $120M (+$14.5M)

12% more funds holding

Funds holding: 6067 (+7)

22% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 23

Holders
67
Holders Change
+7
Holders Change %
+11.67%
% of All Funds
1.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
18
Reduced
23
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Basswood Capital Management
New York
$16.7M -$181K -10,520 -1%
PMG
2
Private Management Group
California
$15.8M -$312K -18,075 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$12.5M +$242K +14,028 +2%
BFC
4
Banc Funds Company
Illinois
$8.66M
Northern Trust
5
Northern Trust
Illinois
$7.13M -$131K -7,579 -2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$5.88M +$29.5K +1,714 +0.5%
BFA
7
BlackRock Fund Advisors
California
$5.52M +$171K +9,949 +3%
BIT
8
BlackRock Institutional Trust
California
$4.3M -$45.5K -2,642 -1%
State Street
9
State Street
Massachusetts
$3.2M +$72.6K +4,215 +2%
DRZID
10
DePrince Race & Zollo Inc (DRZ)
Florida
$3.12M -$113K -6,568 -4%
JP Morgan Chase
11
JP Morgan Chase
New York
$2.62M -$46.5K -2,700 -2%
MCM
12
Maltese Capital Management
New York
$2.57M -$221K -12,800 -8%
BCM
13
Bridgeway Capital Management
Texas
$2.48M
UM
14
Ulysses Management
New York
$2.2M
Morgan Stanley
15
Morgan Stanley
New York
$2.03M -$226K -13,095 -10%
FP
16
Foundry Partners
Minnesota
$1.98M +$87K +5,045 +5%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.86M +$722K +41,875 +66%
Renaissance Technologies
18
Renaissance Technologies
New York
$1.64M -$81.6K -4,734 -5%
Ameriprise
19
Ameriprise
Minnesota
$1.55M +$1.51M +87,606 New
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.23M +$60.8K +3,525 +5%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$1.2M +$1.09K +63 +0.1%
LSV Asset Management
22
LSV Asset Management
Illinois
$1.11M +$320K +18,593 +42%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$1.04M +$38.9K +2,259 +4%
PAM
24
Panagora Asset Management
Massachusetts
$1.04M +$245K +14,221 +32%
TCIM
25
TIAA CREF Investment Management
New York
$1.01M -$34.4K -1,997 -3%

BSRR Hedge Fund Activity: Q4 2015 in Review

67 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2015, worth a combined $120M — up 14% from $106M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new BSRR positions and 2 closed out — a net gain of 7 holders — while 18 added to existing stakes and 23 trimmed.

The largest buyer was Ameriprise, opening a new position worth an estimated $1.51M. The largest seller was Deutsche Bank, cutting an estimated $374K.

  • 67 institutional investors held Sierra Bancorp (BSRR) as of Q4 2015, up from 60 in Q3 2015.
  • Funds reported $120M of Sierra Bancorp stock for Q4 2015, up 14% quarter-over-quarter.
  • 9 funds opened new Sierra Bancorp positions in Q4 2015 and 2 closed out, a net change of +7 holders.
  • The largest Sierra Bancorp buyer in Q4 2015 was Ameriprise, an estimated $1.51M added.
  • The largest Sierra Bancorp seller in Q4 2015 was Deutsche Bank, an estimated $374K sold.

Based on aggregated 13F filings for Q4 2015.