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Sierra Bancorp

85 hedge funds and large institutions have $152M invested in Sierra Bancorp in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

9% more capital invested

Capital invested by funds: $140M → $152M (+$12M)

2% more funds holding

Funds holding: 8385 (+2)

0.85% less ownership

Funds ownership: 54.83%53.98% (-0.85%)

44% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 34

Holders
85
Holders Change
+2
Holders Change %
+2.41%
% of All Funds
1.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
19
Reduced
34
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$25M -$2.48M -126,323 -9%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$18.8M -$444K -22,572 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$12.7M +$124K +6,288 +0.9%
PMG
4
Private Management Group
California
$12.4M +$497K +25,256 +4%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.35M -$256K -12,999 -3%
BFC
6
Banc Funds Company
Illinois
$8.28M
Ameriprise
7
Ameriprise
Minnesota
$6.06M -$184K -9,373 -3%
State Street
8
State Street
Massachusetts
$5.52M -$32K -1,626 -0.6%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$5.18M +$266K +13,513 +5%
Northern Trust
10
Northern Trust
Illinois
$4.53M +$5.41K +275 +0.1%
Renaissance Technologies
11
Renaissance Technologies
New York
$4.15M -$13.8K -700 -0.3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$3.05M -$74.4K -3,783 -2%
Hotchkis & Wiley Capital Management
13
Hotchkis & Wiley Capital Management
California
$2.75M -$173K -8,800 -6%
FP
14
Foundry Partners
Minnesota
$2.61M -$4.23K -215 -0.2%
LSV Asset Management
15
LSV Asset Management
Illinois
$2.42M
Morgan Stanley
16
Morgan Stanley
New York
$2.2M -$538K -27,343 -19%
American Century Companies
17
American Century Companies
Missouri
$2.15M +$55.3K +2,813 +3%
BCM
18
Bridgeway Capital Management
Texas
$2.06M +$90.1K +4,582 +4%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$1.9M +$9.38K +477 +0.5%
FL
20
Fourthstone LLC
Missouri
$1.76M +$689K +35,009 +60%
Goldman Sachs
21
Goldman Sachs
New York
$1.62M -$208K -10,572 -11%
Millennium Management
22
Millennium Management
New York
$1.51M +$1.18M +60,217 +308%
IWM
23
Integris Wealth Management
California
$1.12M
JP Morgan Chase
24
JP Morgan Chase
New York
$1.07M -$402K -20,446 -27%
EF
25
Empowered Funds
Pennsylvania
$1.06M +$90.1K +4,582 +9%

BSRR Hedge Fund Activity: Q3 2023 in Review

85 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2023, worth a combined $152M — up 8.6% from $140M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new BSRR positions and 3 closed out — a net gain of 3 holders — while 19 added to existing stakes and 34 trimmed.

The largest buyer was Millennium Management, adding an estimated $1.18M. The largest seller was BlackRock, cutting an estimated $2.48M.

  • 85 institutional investors held Sierra Bancorp (BSRR) as of Q3 2023, up from 83 in Q2 2023.
  • Funds reported $152M of Sierra Bancorp stock for Q3 2023, up 8.6% quarter-over-quarter.
  • 6 funds opened new Sierra Bancorp positions in Q3 2023 and 3 closed out, a net change of +3 holders.
  • The largest Sierra Bancorp buyer in Q3 2023 was Millennium Management, an estimated $1.18M added.
  • The largest Sierra Bancorp seller in Q3 2023 was BlackRock, an estimated $2.48M sold.

Based on aggregated 13F filings for Q3 2023.