Byline Bancorp
111 hedge funds and large institutions have $396M invested in Byline Bancorp in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 107 → 111 (+4)
3.58% more ownership
Funds ownership: 45.01% → 48.59% (+3.6%)
2% more capital invested
Capital invested by funds: $387M → $396M (+$8.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$6.03M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.12M |
| 4 |
JP Morgan Chase
New York
|
+$2.25M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$7.12M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.47M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.06M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.84M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.81M |
BY Hedge Fund Activity: Q1 2023 in Review
111 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q1 2023, worth a combined $396M — up 2.2% from $387M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BY positions and 9 closed out — a net gain of 4 holders — while 37 added to existing stakes and 44 trimmed.
The largest buyer was Ararat Capital Management, adding an estimated $6.03M. The largest seller was Endeavour Capital Advisors, cutting an estimated $7.12M.
- 111 institutional investors held Byline Bancorp (BY) as of Q1 2023, up from 107 in Q4 2022.
- Funds reported $396M of Byline Bancorp stock for Q1 2023, up 2.2% quarter-over-quarter.
- 13 funds opened new Byline Bancorp positions in Q1 2023 and 9 closed out, a net change of +4 holders.
- The largest Byline Bancorp buyer in Q1 2023 was Ararat Capital Management, an estimated $6.03M added.
- The largest Byline Bancorp seller in Q1 2023 was Endeavour Capital Advisors, an estimated $7.12M sold.
Based on aggregated 13F filings for Q1 2023.