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Sierra Bancorp

82 hedge funds and large institutions have $190M invested in Sierra Bancorp in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

51.92% more ownership

Funds ownership: 0%51.92% (+52%)

49% more capital invested

Capital invested by funds: $128M → $190M (+$62.4M)

4% more funds holding

Funds holding: 7982 (+3)

4% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 28

Holders
82
Holders Change
+3
Holders Change %
+3.8%
% of All Funds
2.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
29
Reduced
28
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$22M +$770K +36,403 +5%
PMG
2
Private Management Group
California
$14.9M -$5.58M -263,893 -32%
BFC
3
Banc Funds Company
Illinois
$12.7M -$486K -23,000 -5%
Northern Trust
4
Northern Trust
Illinois
$11.1M +$64.1K +3,034 +0.7%
BIT
5
BlackRock Institutional Trust
California
$10.8M -$486 -23 -0%
BFA
6
BlackRock Fund Advisors
California
$10.3M +$1.18M +55,939 +17%
Vanguard Group
7
Vanguard Group
Pennsylvania
$9.9M +$521K +24,647 +7%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$8.29M +$5.8M +274,311 +733%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$6.29M +$5M +236,669 New
NI
10
Numeric Investors
Massachusetts
$6.26M -$21.1K -1,000 -0.4%
State Street
11
State Street
Massachusetts
$5.39M +$124K +5,853 +3%
BCM
12
Bridgeway Capital Management
Texas
$5.07M
FP
13
Foundry Partners
Minnesota
$4.51M +$867K +41,020 +32%
Morgan Stanley
14
Morgan Stanley
New York
$4.34M +$187K +8,835 +6%
JP Morgan Chase
15
JP Morgan Chase
New York
$4.26M +$584K +27,611 +21%
Renaissance Technologies
16
Renaissance Technologies
New York
$3.98M -$220K -10,405 -6%
KCM
17
Kennedy Capital Management
Missouri
$3.66M +$743K +35,125 +34%
Ameriprise
18
Ameriprise
Minnesota
$3.25M -$70.6K -3,340 -3%
AllianceBernstein
19
AllianceBernstein
Tennessee
$2.96M -$323K -15,300 -12%
PAM
20
Panagora Asset Management
Massachusetts
$2.93M +$227K +10,717 +11%
LSV Asset Management
21
LSV Asset Management
Illinois
$2.77M -$57.1K -2,700 -3%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$2.37M +$136K +6,444 +8%
MAM
23
Martingale Asset Management
Massachusetts
$2.24M +$367K +17,361 +26%
EI
24
EAM Investors
California
$2.2M +$1.75M +82,839 New
Geode Capital Management
25
Geode Capital Management
Massachusetts
$1.97M +$58.4K +2,762 +4%

BSRR Hedge Fund Activity: Q4 2016 in Review

82 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2016, worth a combined $190M — up 49% from $128M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new BSRR positions and 6 closed out — a net gain of 4 holders — while 29 added to existing stakes and 28 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $5.8M. The largest seller was Private Management Group, cutting an estimated $5.58M.

  • 82 institutional investors held Sierra Bancorp (BSRR) as of Q4 2016, up from 79 in Q3 2016.
  • Funds reported $190M of Sierra Bancorp stock for Q4 2016, up 49% quarter-over-quarter.
  • 10 funds opened new Sierra Bancorp positions in Q4 2016 and 6 closed out, a net change of +4 holders.
  • The largest Sierra Bancorp buyer in Q4 2016 was Wellington Management Group, an estimated $5.8M added.
  • The largest Sierra Bancorp seller in Q4 2016 was Private Management Group, an estimated $5.58M sold.

Based on aggregated 13F filings for Q4 2016.