Byline Bancorp
68 hedge funds and large institutions have $181M invested in Byline Bancorp in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 64 → 68 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.13% less ownership
Funds ownership: 29.93% → 29.8% (-0.13%)
26% less capital invested
Capital invested by funds: $246M → $181M (-$65.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$5.98M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$4.56M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.58M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.54M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$6.05M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$4.62M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$4.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.18M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$195K | -8,743 | Closed |
|
BY Hedge Fund Activity: Q4 2018 in Review
68 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q4 2018, worth a combined $181M — down 26% from $246M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BY positions and 8 closed out — a net gain of 4 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Endeavour Capital Advisors, adding an estimated $5.98M. The largest seller was Eagle Boston Investment Management, cutting an estimated $6.05M.
- 68 institutional investors held Byline Bancorp (BY) as of Q4 2018, up from 64 in Q3 2018.
- Funds reported $181M of Byline Bancorp stock for Q4 2018, down 26% quarter-over-quarter.
- 12 funds opened new Byline Bancorp positions in Q4 2018 and 8 closed out, a net change of +4 holders.
- The largest Byline Bancorp buyer in Q4 2018 was Endeavour Capital Advisors, an estimated $5.98M added.
- The largest Byline Bancorp seller in Q4 2018 was Eagle Boston Investment Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q4 2018.