Byline Bancorp
90 hedge funds and large institutions have $234M invested in Byline Bancorp in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more capital invested
Capital invested by funds: $158M → $234M (+$75.2M)
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
3% more funds holding
Funds holding: 87 → 90 (+3)
2.64% more ownership
Funds ownership: 36.58% → 39.23% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.72M |
| 2 |
DA
Detalus Advisors
St. Louis,
Missouri
|
+$2.54M |
| 3 |
BlackRock
New York
|
+$1.47M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$920K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$5.45M |
| 2 |
Jennison Associates
New York
|
-$973K |
| 3 |
Goldman Sachs
New York
|
-$492K |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$354K |
| 5 |
BB
Busey Bank
Urbana,
Illinois
|
-$349K |
BY Hedge Fund Activity: Q4 2020 in Review
90 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q4 2020, worth a combined $234M — up 47% from $158M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BY positions and 5 closed out — a net gain of 3 holders — while 35 added to existing stakes and 25 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $2.72M. The largest seller was Monarch Partners Asset Management, cutting an estimated $5.45M.
- 90 institutional investors held Byline Bancorp (BY) as of Q4 2020, up from 87 in Q3 2020.
- Funds reported $234M of Byline Bancorp stock for Q4 2020, up 47% quarter-over-quarter.
- 8 funds opened new Byline Bancorp positions in Q4 2020 and 5 closed out, a net change of +3 holders.
- The largest Byline Bancorp buyer in Q4 2020 was FJ Capital Management, an estimated $2.72M added.
- The largest Byline Bancorp seller in Q4 2020 was Monarch Partners Asset Management, an estimated $5.45M sold.
Based on aggregated 13F filings for Q4 2020.