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Sierra Bancorp

84 hedge funds and large institutions have $187M invested in Sierra Bancorp in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more capital invested

Capital invested by funds: $152M → $187M (+$35.2M)

16% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 25

2.35% more ownership

Funds ownership: 53.98%56.33% (+2.4%)

1% less funds holding

Funds holding: 8584 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
84
Holders Change
-1
Holders Change %
-1.18%
% of All Funds
1.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
29
Reduced
25
Closed
7
Calls
$72K
Puts
Net Calls
+$72K
Net Calls Change
+$72K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$31.3M +$1.35M +69,582 +5%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$22.5M +$65K +3,348 +0.3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$15.2M +$67.4K +3,473 +0.5%
PMG
4
Private Management Group
California
$14.7M -$19.1K -986 -0.2%
BFC
5
Banc Funds Company
Illinois
$9.85M
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.48M -$383K -19,711 -4%
Ameriprise
7
Ameriprise
Minnesota
$7.47M +$228K +11,737 +4%
State Street
8
State Street
Massachusetts
$6.64M +$61.3K +3,157 +1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$6.36M +$168K +8,674 +3%
Morgan Stanley
10
Morgan Stanley
New York
$6.19M +$3.08M +158,713 +137%
Northern Trust
11
Northern Trust
Illinois
$5.54M +$133K +6,869 +3%
Renaissance Technologies
12
Renaissance Technologies
New York
$4.88M -$47K -2,419 -1%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$3.58M -$41.2K -2,120 -1%
FL
14
Fourthstone LLC
Missouri
$3.47M +$1.18M +60,712 +65%
Hotchkis & Wiley Capital Management
15
Hotchkis & Wiley Capital Management
California
$3.22M -$40.8K -2,100 -1%
FP
16
Foundry Partners
Minnesota
$3.05M -$47.6K -2,450 -2%
LSV Asset Management
17
LSV Asset Management
Illinois
$2.86M -$13.6K -700 -0.5%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$2.74M +$418K +21,528 +21%
BCM
19
Bridgeway Capital Management
Texas
$2.58M +$106K +5,461 +5%
American Century Companies
20
American Century Companies
Missouri
$2.56M -$19 -1 -0%
Goldman Sachs
21
Goldman Sachs
New York
$1.91M -$12.5K -643 -0.8%
Assenagon Asset Management
22
Assenagon Asset Management
Luxembourg
$1.51M +$278K +14,320 +27%
JP Morgan Chase
23
JP Morgan Chase
New York
$1.42M +$131K +6,741 +12%
EF
24
Empowered Funds
Pennsylvania
$1.38M +$106K +5,461 +10%
IWM
25
Integris Wealth Management
California
$1.22M -$93.5K -4,816 -8%

BSRR Hedge Fund Activity: Q4 2023 in Review

84 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q4 2023, worth a combined $187M — up 23% from $152M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BSRR and 6 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 29 added.

The largest buyer was Morgan Stanley, adding an estimated $3.08M. The largest seller was Millennium Management, exiting entirely with an estimated $1.51M sold.

  • 84 institutional investors held Sierra Bancorp (BSRR) as of Q4 2023, down from 85 in Q3 2023.
  • Funds reported $187M of Sierra Bancorp stock for Q4 2023, up 23% quarter-over-quarter.
  • 6 funds opened new Sierra Bancorp positions in Q4 2023 and 7 closed out, a net change of -1 holder.
  • The largest Sierra Bancorp buyer in Q4 2023 was Morgan Stanley, an estimated $3.08M added.
  • The largest Sierra Bancorp seller in Q4 2023 was Millennium Management, an estimated $1.51M sold.

Based on aggregated 13F filings for Q4 2023.