Cascade Bancorp
CACB
CACB was delisted on the 30th of May, 2017.
93 hedge funds and large institutions have $340M invested in Cascade Bancorp in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
11% more funds holding
Funds holding: 84 → 93 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $358M → $340M (-$17.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.96M |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
+$1.23M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$873K |
| 4 |
CC
Consector Capital
New York
|
+$728K |
| 5 |
Renaissance Technologies
New York
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$1.54M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.25M |
| 3 |
Millennium Management
New York
|
-$518K |
| 4 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$258K |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$239K |
CACB Hedge Fund Activity: Q1 2016 in Review
93 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Cascade Bancorp (CACB) for Q1 2016, worth a combined $340M — down 5% from $358M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CACB positions and 4 closed out — a net gain of 9 holders — while 35 added to existing stakes and 21 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $1.96M. The largest seller was First Pacific Advisors, exiting entirely with an estimated $1.54M sold.
- 93 institutional investors held Cascade Bancorp (CACB) as of Q1 2016, up from 84 in Q4 2015.
- Funds reported $340M of Cascade Bancorp stock for Q1 2016, down 5% quarter-over-quarter.
- 13 funds opened new Cascade Bancorp positions in Q1 2016 and 4 closed out, a net change of +9 holders.
- The largest Cascade Bancorp buyer in Q1 2016 was Basswood Capital Management, an estimated $1.96M added.
- The largest Cascade Bancorp seller in Q1 2016 was First Pacific Advisors, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2016.