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Sierra Bancorp

89 hedge funds and large institutions have $194M invested in Sierra Bancorp in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 26

1.16% more ownership

Funds ownership: 51.61%52.77% (+1.2%)

4% less funds holding

Funds holding: 9389 (-4)

15% less capital invested

Capital invested by funds: $228M → $194M (-$33.9M)

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
89
Holders Change
-4
Holders Change %
-4.3%
% of All Funds
1.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
38
Reduced
26
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$26.4M +$640K +23,842 +2%
BlackRock
2
BlackRock
New York
$25.6M +$1.25M +46,432 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$13.1M +$779K +29,000 +6%
Northern Trust
4
Northern Trust
Illinois
$10.8M +$6.5K +242 +0.1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$9.5M +$910K +33,881 +9%
PMG
6
Private Management Group
California
$9.48M -$36.8K -1,372 -0.3%
Renaissance Technologies
7
Renaissance Technologies
New York
$8.47M +$97.8K +3,642 +1%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$6.75M +$285K +10,615 +4%
BFC
9
Banc Funds Company
Illinois
$6.37M -$2.09M -77,785 -23%
State Street
10
State Street
Massachusetts
$5.78M -$35.8K -1,335 -0.6%
PAM
11
Panagora Asset Management
Massachusetts
$4.73M +$486K +18,084 +10%
FP
12
Foundry Partners
Minnesota
$4.32M +$332K +12,375 +7%
AL
13
AJO LP
Pennsylvania
$4.08M +$474K +17,643 +12%
Man Group
14
Man Group
United Kingdom
$3.69M -$554K -20,623 -12%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$3.65M +$499K +18,593 +14%
KCM
16
Kennedy Capital Management
Missouri
$3.44M +$3.37M +125,336 +712%
LSV Asset Management
17
LSV Asset Management
Illinois
$3.42M +$42.4K +1,581 +1%
Ameriprise
18
Ameriprise
Minnesota
$3.31M -$50.7K -1,888 -1%
Bank of America
19
Bank of America
North Carolina
$3.01M +$502K +18,679 +18%
MAM
20
Martingale Asset Management
Massachusetts
$2.63M +$577K +21,502 +24%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.46M +$136K +5,050 +5%
Morgan Stanley
22
Morgan Stanley
New York
$2.21M -$719K -26,783 -23%
Assenagon Asset Management
23
Assenagon Asset Management
Luxembourg
$2.21M +$777K +28,925 +46%
BCM
24
Bridgeway Capital Management
Texas
$2.17M -$1.28M -47,761 -35%
BCM
25
BHZ Capital Management
California
$2.06M -$65.5K -2,441 -3%

BSRR Hedge Fund Activity: Q4 2018 in Review

89 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2018, worth a combined $194M — down 15% from $228M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BSRR and 3 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 38 added.

The largest buyer was Kennedy Capital Management, adding an estimated $3.37M. The largest seller was Banc Funds Company, cutting an estimated $2.09M.

  • 89 institutional investors held Sierra Bancorp (BSRR) as of Q4 2018, down from 93 in Q3 2018.
  • Funds reported $194M of Sierra Bancorp stock for Q4 2018, down 15% quarter-over-quarter.
  • 3 funds opened new Sierra Bancorp positions in Q4 2018 and 7 closed out, a net change of -4 holders.
  • The largest Sierra Bancorp buyer in Q4 2018 was Kennedy Capital Management, an estimated $3.37M added.
  • The largest Sierra Bancorp seller in Q4 2018 was Banc Funds Company, an estimated $2.09M sold.

Based on aggregated 13F filings for Q4 2018.