Sierra Bancorp
BSRR
93 hedge funds and large institutions have $228M invested in Sierra Bancorp in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 6 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
1% more funds holding
Funds holding: 92 → 93 (+1)
2% more capital invested
Capital invested by funds: $224M → $228M (+$3.54M)
0.38% less ownership
Funds ownership: 52% → 51.61% (-0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.43M |
| 2 |
BlackRock
New York
|
+$2.07M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.85M |
| 4 |
Goldman Sachs
New York
|
+$1.55M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.75M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$2.21M |
| 3 |
Millennium Management
New York
|
-$2.16M |
| 4 |
Morgan Stanley
New York
|
-$1.54M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.07M |
BSRR Hedge Fund Activity: Q3 2018 in Review
93 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2018, worth a combined $228M — up 1.6% from $224M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSRR positions and 6 closed out — a net gain of 1 holder — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $3.43M. The largest seller was Wellington Management Group, cutting an estimated $5.75M.
- 93 institutional investors held Sierra Bancorp (BSRR) as of Q3 2018, up from 92 in Q2 2018.
- Funds reported $228M of Sierra Bancorp stock for Q3 2018, up 1.6% quarter-over-quarter.
- 7 funds opened new Sierra Bancorp positions in Q3 2018 and 6 closed out, a net change of +1 holder.
- The largest Sierra Bancorp buyer in Q3 2018 was Fidelity Investments, an estimated $3.43M added.
- The largest Sierra Bancorp seller in Q3 2018 was Wellington Management Group, an estimated $5.75M sold.
Based on aggregated 13F filings for Q3 2018.