Byline Bancorp
57 hedge funds and large institutions have $142M invested in Byline Bancorp in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
33% more funds holding
Funds holding: 43 → 57 (+14)
22.84% more ownership
Funds ownership: 0% → 22.84% (+23%)
22% more capital invested
Capital invested by funds: $117M → $142M (+$25.3M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.09M |
| 2 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$4.41M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.05M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.99M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.64M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$3.01M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.85M |
| 4 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
-$2M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.83M |
BY Hedge Fund Activity: Q3 2017 in Review
57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q3 2017, worth a combined $142M — up 22% from $117M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BY positions and 16 closed out — a net gain of 14 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $6.09M. The largest seller was Millennium Management, cutting an estimated $3.64M.
- 57 institutional investors held Byline Bancorp (BY) as of Q3 2017, up from 43 in Q2 2017.
- Funds reported $142M of Byline Bancorp stock for Q3 2017, up 22% quarter-over-quarter.
- 30 funds opened new Byline Bancorp positions in Q3 2017 and 16 closed out, a net change of +14 holders.
- The largest Byline Bancorp buyer in Q3 2017 was BlackRock, an estimated $6.09M added.
- The largest Byline Bancorp seller in Q3 2017 was Millennium Management, an estimated $3.64M sold.
Based on aggregated 13F filings for Q3 2017.