Sierra Bancorp
BSRR
78 hedge funds and large institutions have $123M invested in Sierra Bancorp in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
16% more funds holding
Funds holding: 67 → 78 (+11)
2% more capital invested
Capital invested by funds: $121M → $123M (+$2.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.04M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.84M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.76M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.57M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$791K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$11.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.38M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$1.06M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$623K |
| 5 |
B
Bailard
Foster City,
California
|
-$591K |
BSRR Hedge Fund Activity: Q1 2016 in Review
78 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q1 2016, worth a combined $123M — up 2% from $121M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BSRR positions and 9 closed out — a net gain of 11 holders — while 32 added to existing stakes and 15 trimmed.
The largest buyer was Numeric Investors, opening a new position worth an estimated $3.04M. The largest seller was Basswood Capital Management, cutting an estimated $11.4M.
- 78 institutional investors held Sierra Bancorp (BSRR) as of Q1 2016, up from 67 in Q4 2015.
- Funds reported $123M of Sierra Bancorp stock for Q1 2016, up 2% quarter-over-quarter.
- 20 funds opened new Sierra Bancorp positions in Q1 2016 and 9 closed out, a net change of +11 holders.
- The largest Sierra Bancorp buyer in Q1 2016 was Numeric Investors, an estimated $3.04M added.
- The largest Sierra Bancorp seller in Q1 2016 was Basswood Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2016.