First Busey Corp
BUSE
130 hedge funds and large institutions have $407M invested in First Busey Corp in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 36 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
28% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 36
8% more capital invested
Capital invested by funds: $379M → $407M (+$28.5M)
4% more funds holding
Funds holding: 125 → 130 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$6.73M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.95M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.91M |
| 4 |
Goldman Sachs
New York
|
+$2.27M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.87M |
| 2 |
Bank of New York Mellon
New York
|
-$4.49M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$4.05M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.43M |
| 5 |
MCM
Matarin Capital Management
New York
|
-$1.38M |
BUSE Hedge Fund Activity: Q3 2016 in Review
130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Busey Corp (BUSE) for Q3 2016, worth a combined $407M — up 7.5% from $379M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BUSE positions and 11 closed out — a net gain of 5 holders — while 46 added to existing stakes and 36 trimmed.
The largest buyer was Hillcrest Asset Management, opening a new position worth an estimated $6.73M. The largest seller was Wellington Management Group, cutting an estimated $4.87M.
- 130 institutional investors held First Busey Corp (BUSE) as of Q3 2016, up from 125 in Q2 2016.
- Funds reported $407M of First Busey Corp stock for Q3 2016, up 7.5% quarter-over-quarter.
- 16 funds opened new First Busey Corp positions in Q3 2016 and 11 closed out, a net change of +5 holders.
- The largest First Busey Corp buyer in Q3 2016 was Hillcrest Asset Management, an estimated $6.73M added.
- The largest First Busey Corp seller in Q3 2016 was Wellington Management Group, an estimated $4.87M sold.
Based on aggregated 13F filings for Q3 2016.