Byline Bancorp
107 hedge funds and large institutions have $327M invested in Byline Bancorp in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 37 reducing their positions, and 13 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.67% less ownership
Funds ownership: 48.59% → 47.92% (-0.67%)
4% less funds holding
Funds holding: 111 → 107 (-4)
17% less capital invested
Capital invested by funds: $396M → $327M (-$69.1M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$2.99M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.98M |
| 3 |
BlackRock
New York
|
+$1.8M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.69M |
| 5 |
QFA
Quattro Financial Advisors
The Woodlands,
Texas
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$10.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.81M |
| 3 |
Millennium Management
New York
|
-$2.76M |
| 4 |
JP Morgan Chase
New York
|
-$653K |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$597K |
BY Hedge Fund Activity: Q2 2023 in Review
107 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Byline Bancorp (BY) for Q2 2023, worth a combined $327M — down 17% from $396M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BY and 9 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 40 added.
The largest buyer was Ararat Capital Management, adding an estimated $2.99M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $10.3M.
- 107 institutional investors held Byline Bancorp (BY) as of Q2 2023, down from 111 in Q1 2023.
- Funds reported $327M of Byline Bancorp stock for Q2 2023, down 17% quarter-over-quarter.
- 9 funds opened new Byline Bancorp positions in Q2 2023 and 13 closed out, a net change of -4 holders.
- The largest Byline Bancorp buyer in Q2 2023 was Ararat Capital Management, an estimated $2.99M added.
- The largest Byline Bancorp seller in Q2 2023 was Thrivent Financial for Lutherans, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2023.