Byline Bancorp
121 hedge funds and large institutions have $360M invested in Byline Bancorp in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 37 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
19% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 37
3% more funds holding
Funds holding: 117 → 121 (+4)
1.16% more ownership
Funds ownership: 46.29% → 47.45% (+1.2%)
14% less capital invested
Capital invested by funds: $416M → $360M (-$56.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$3.67M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.97M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.47M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.75M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.41M |
| 3 |
Morgan Stanley
New York
|
-$1.99M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.77M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$366K | -15,257 | Closed |
|
127
Truist Financial
Charlotte,
North Carolina
| – | -$344K | -14,450 | Closed |
|
|
AIMCA
128
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$342K | -14,354 | Closed |
|
|
AA
129
ALPS Advisors
Denver,
Colorado
| – | -$310K | -13,040 | Closed |
|
|
EGM
130
Engineers Gate Manager
New York
| – | -$210K | -8,830 | Closed |
|
|
DCM
131
Dupont Capital Management
Wilmington,
Delaware
| – | -$154K | -6,468 | Closed |
|
132
Lazard Asset Management
New York
| – | -$28K | -1,201 | Closed |
|
133
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -480 | Closed |
|
|
C
134
Covestor
London,
United Kingdom
| – | +$69 | +3 | New |
|
BY Hedge Fund Activity: Q3 2022 in Review
121 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q3 2022, worth a combined $360M — down 14% from $416M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BY positions and 15 closed out — a net gain of 5 holders — while 44 added to existing stakes and 37 trimmed.
The largest buyer was Ararat Capital Management, adding an estimated $3.67M. The largest seller was Endeavour Capital Advisors, cutting an estimated $4.75M.
- 121 institutional investors held Byline Bancorp (BY) as of Q3 2022, up from 117 in Q2 2022.
- Funds reported $360M of Byline Bancorp stock for Q3 2022, down 14% quarter-over-quarter.
- 20 funds opened new Byline Bancorp positions in Q3 2022 and 15 closed out, a net change of +5 holders.
- The largest Byline Bancorp buyer in Q3 2022 was Ararat Capital Management, an estimated $3.67M added.
- The largest Byline Bancorp seller in Q3 2022 was Endeavour Capital Advisors, an estimated $4.75M sold.
Based on aggregated 13F filings for Q3 2022.