Byline Bancorp
110 hedge funds and large institutions have $394M invested in Byline Bancorp in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
10% more capital invested
Capital invested by funds: $357M → $394M (+$37.2M)
7% more funds holding
Funds holding: 103 → 110 (+7)
1.7% more ownership
Funds ownership: 40.83% → 42.53% (+1.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$26.2M |
| 2 |
Millennium Management
New York
|
+$3.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.98M |
| 4 |
Two Sigma Investments
New York
|
+$1.77M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$20M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$8.15M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$5.69M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.49M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.97M |
BY Hedge Fund Activity: Q3 2021 in Review
110 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q3 2021, worth a combined $394M — up 10% from $357M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BY positions and 12 closed out — a net gain of 7 holders — while 41 added to existing stakes and 34 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $26.2M. The largest seller was Jennison Associates, exiting entirely with an estimated $20M sold.
- 110 institutional investors held Byline Bancorp (BY) as of Q3 2021, up from 103 in Q2 2021.
- Funds reported $394M of Byline Bancorp stock for Q3 2021, up 10% quarter-over-quarter.
- 19 funds opened new Byline Bancorp positions in Q3 2021 and 12 closed out, a net change of +7 holders.
- The largest Byline Bancorp buyer in Q3 2021 was Thrivent Financial for Lutherans, an estimated $26.2M added.
- The largest Byline Bancorp seller in Q3 2021 was Jennison Associates, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2021.