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Sierra Bancorp

80 hedge funds and large institutions have $114M invested in Sierra Bancorp in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 19

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

3% more funds holding

Funds holding: 7880 (+2)

6% less capital invested

Capital invested by funds: $122M → $114M (-$7.73M)

Holders
80
Holders Change
+2
Holders Change %
+2.56%
% of All Funds
2.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
38
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PMG
1
Private Management Group
California
$14.2M +$267K +15,396 +2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$13M +$758K +43,688 +6%
BFC
3
Banc Funds Company
Illinois
$8.99M +$829K +47,792 +10%
Northern Trust
4
Northern Trust
Illinois
$6.83M +$52.2K +3,007 +0.7%
BIT
5
BlackRock Institutional Trust
California
$6.68M +$937K +53,970 +16%
Vanguard Group
6
Vanguard Group
Pennsylvania
$5.83M +$103K +5,940 +2%
BFA
7
BlackRock Fund Advisors
California
$5.06M -$106K -6,134 -2%
NI
8
Numeric Investors
Massachusetts
$4.49M +$1.71M +98,669 +58%
MCM
9
Maltese Capital Management
New York
$4.41M +$2.06M +118,500 +81%
State Street
10
State Street
Massachusetts
$3.2M +$126K +7,279 +4%
BCM
11
Bridgeway Capital Management
Texas
$3.18M +$431K +24,850 +15%
Morgan Stanley
12
Morgan Stanley
New York
$2.58M +$76.6K +4,414 +3%
Renaissance Technologies
13
Renaissance Technologies
New York
$2.48M +$475K +27,400 +23%
JP Morgan Chase
14
JP Morgan Chase
New York
$2.47M -$7.53K -434 -0.3%
FP
15
Foundry Partners
Minnesota
$2.12M +$191K +10,995 +9%
Ameriprise
16
Ameriprise
Minnesota
$2.08M -$27.1K -1,560 -1%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.8M +$191K +11,012 +11%
PAM
18
Panagora Asset Management
Massachusetts
$1.56M +$114K +6,571 +8%
UM
19
Ulysses Management
New York
$1.34M -$232K -13,365 -14%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.32M +$153K +8,829 +13%
LSV Asset Management
21
LSV Asset Management
Illinois
$1.28M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$1.17M +$135K +7,760 +12%
NFA
23
Nationwide Fund Advisors
Ohio
$1.07M +$55.4K +3,190 +5%
Bank of America
24
Bank of America
North Carolina
$985K +$225K +12,944 +28%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$929K

BSRR Hedge Fund Activity: Q2 2016 in Review

80 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q2 2016, worth a combined $114M — down 6.3% from $122M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BSRR positions and 8 closed out — a net gain of 3 holders — while 38 added to existing stakes and 19 trimmed.

The largest buyer was Maltese Capital Management, adding an estimated $2.06M. The largest seller was Basswood Capital Management, cutting an estimated $5.09M.

  • 80 institutional investors held Sierra Bancorp (BSRR) as of Q2 2016, up from 78 in Q1 2016.
  • Funds reported $114M of Sierra Bancorp stock for Q2 2016, down 6.3% quarter-over-quarter.
  • 11 funds opened new Sierra Bancorp positions in Q2 2016 and 8 closed out, a net change of +3 holders.
  • The largest Sierra Bancorp buyer in Q2 2016 was Maltese Capital Management, an estimated $2.06M added.
  • The largest Sierra Bancorp seller in Q2 2016 was Basswood Capital Management, an estimated $5.09M sold.

Based on aggregated 13F filings for Q2 2016.