Byline Bancorp
84 hedge funds and large institutions have $142M invested in Byline Bancorp in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 18 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
0.1% more ownership
Funds ownership: 35.45% → 35.54% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 95 → 84 (-11)
47% less capital invested
Capital invested by funds: $265M → $142M (-$123M)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.58M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$7.38M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.06M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.35M |
| 5 |
Renaissance Technologies
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$6.96M |
| 2 |
Millennium Management
New York
|
-$4.99M |
| 3 |
Jennison Associates
New York
|
-$3.19M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.15M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.28M |
BY Hedge Fund Activity: Q1 2020 in Review
84 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q1 2020, worth a combined $142M — down 47% from $265M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BY and 8 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $9.58M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $6.96M sold.
- 84 institutional investors held Byline Bancorp (BY) as of Q1 2020, down from 95 in Q4 2019.
- Funds reported $142M of Byline Bancorp stock for Q1 2020, down 47% quarter-over-quarter.
- 8 funds opened new Byline Bancorp positions in Q1 2020 and 18 closed out, a net change of -10 holders.
- The largest Byline Bancorp buyer in Q1 2020 was Fidelity Investments, an estimated $9.58M added.
- The largest Byline Bancorp seller in Q1 2020 was Curi RMB Capital, an estimated $6.96M sold.
Based on aggregated 13F filings for Q1 2020.