Byline Bancorp
95 hedge funds and large institutions have $322M invested in Byline Bancorp in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
38% more capital invested
Capital invested by funds: $234M → $322M (+$88.5M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 90 → 95 (+5)
0.12% more ownership
Funds ownership: 39.23% → 39.35% (+0.12%)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$9.22M |
| 2 |
BlackRock
New York
|
+$3.37M |
| 3 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$1.03M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$1.03M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
-$5.76M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.05M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$976K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$909K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$799K |
BY Hedge Fund Activity: Q1 2021 in Review
95 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q1 2021, worth a combined $322M — up 38% from $234M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BY positions and 8 closed out — a net gain of 6 holders — while 26 added to existing stakes and 39 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $9.22M. The largest seller was Ararat Capital Management, cutting an estimated $5.76M.
- 95 institutional investors held Byline Bancorp (BY) as of Q1 2021, up from 90 in Q4 2020.
- Funds reported $322M of Byline Bancorp stock for Q1 2021, up 38% quarter-over-quarter.
- 14 funds opened new Byline Bancorp positions in Q1 2021 and 8 closed out, a net change of +6 holders.
- The largest Byline Bancorp buyer in Q1 2021 was FJ Capital Management, an estimated $9.22M added.
- The largest Byline Bancorp seller in Q1 2021 was Ararat Capital Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q1 2021.