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Sierra Bancorp

79 hedge funds and large institutions have $128M invested in Sierra Bancorp in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 20

12% more capital invested

Capital invested by funds: $114M → $128M (+$13.8M)

1% less funds holding

Funds holding: 8079 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
79
Holders Change
-1
Holders Change %
-1.25%
% of All Funds
2.11%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
33
Reduced
20
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PMG
1
Private Management Group
California
$15.5M -$407K -22,849 -3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$14.8M +$209K +11,719 +2%
BFC
3
Banc Funds Company
Illinois
$9.4M -$662K -37,215 -7%
Northern Trust
4
Northern Trust
Illinois
$7.81M +$125K +7,047 +2%
BIT
5
BlackRock Institutional Trust
California
$7.59M +$78.2K +4,395 +1%
Vanguard Group
6
Vanguard Group
Pennsylvania
$6.52M -$35.7K -2,007 -0.6%
BFA
7
BlackRock Fund Advisors
California
$6.18M +$474K +26,634 +9%
MCM
8
Maltese Capital Management
New York
$5.36M +$384K +21,600 +8%
NI
9
Numeric Investors
Massachusetts
$4.43M -$578K -32,483 -12%
State Street
10
State Street
Massachusetts
$3.7M +$96.5K +5,424 +3%
BCM
11
Bridgeway Capital Management
Texas
$3.57M
Renaissance Technologies
12
Renaissance Technologies
New York
$3M +$201K +11,300 +8%
Morgan Stanley
13
Morgan Stanley
New York
$2.9M -$3.29K -185 -0.1%
JP Morgan Chase
14
JP Morgan Chase
New York
$2.49M -$273K -15,317 -10%
FP
15
Foundry Partners
Minnesota
$2.41M +$27.1K +1,525 +1%
AllianceBernstein
16
AllianceBernstein
Tennessee
$2.37M +$1.76M +98,870 +358%
Ameriprise
17
Ameriprise
Minnesota
$2.36M +$16K +900 +0.7%
LSV Asset Management
18
LSV Asset Management
Illinois
$2M +$535K +30,072 +39%
KCM
19
Kennedy Capital Management
Missouri
$1.92M +$1.82M +102,503 New
PAM
20
Panagora Asset Management
Massachusetts
$1.86M +$108K +6,086 +7%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.55M +$66.6K +3,741 +5%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$1.33M +$18.3K +1,028 +1%
MAM
23
Martingale Asset Management
Massachusetts
$1.25M +$381K +21,400 +47%
Bank of America
24
Bank of America
North Carolina
$1.12M +$8.81K +495 +0.8%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$1.06M +$112K +6,300 +13%

BSRR Hedge Fund Activity: Q3 2016 in Review

79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2016, worth a combined $128M — up 12% from $114M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BSRR and 6 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 33 added.

The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.82M. The largest seller was Royal Bank of Canada, cutting an estimated $1.49M.

  • 79 institutional investors held Sierra Bancorp (BSRR) as of Q3 2016, down from 80 in Q2 2016.
  • Funds reported $128M of Sierra Bancorp stock for Q3 2016, up 12% quarter-over-quarter.
  • 6 funds opened new Sierra Bancorp positions in Q3 2016 and 7 closed out, a net change of -1 holder.
  • The largest Sierra Bancorp buyer in Q3 2016 was Kennedy Capital Management, an estimated $1.82M added.
  • The largest Sierra Bancorp seller in Q3 2016 was Royal Bank of Canada, an estimated $1.49M sold.

Based on aggregated 13F filings for Q3 2016.