Cascade Bancorp
CACB
CACB was delisted on the 30th of May, 2017.
100 hedge funds and large institutions have $497M invested in Cascade Bancorp in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
33% more capital invested
Capital invested by funds: $373M → $497M (+$124M)
11% more funds holding
Funds holding: 90 → 100 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.47% less ownership
Funds ownership: 80.81% → 80.34% (-0.47%)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$12.5M |
| 2 |
Morgan Stanley
New York
|
+$10.2M |
| 3 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$8.88M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$8.24M |
| 5 |
WIC
Water Island Capital
New York
|
+$6.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$22.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.6M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$10.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.43M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$5.2M |
CACB Hedge Fund Activity: Q4 2016 in Review
100 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Cascade Bancorp (CACB) for Q4 2016, worth a combined $497M — up 33% from $373M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CACB positions and 16 closed out — a net gain of 12 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $12.5M. The largest seller was Basswood Capital Management, cutting an estimated $22.8M.
- 100 institutional investors held Cascade Bancorp (CACB) as of Q4 2016, up from 90 in Q3 2016.
- Funds reported $497M of Cascade Bancorp stock for Q4 2016, up 33% quarter-over-quarter.
- 28 funds opened new Cascade Bancorp positions in Q4 2016 and 16 closed out, a net change of +12 holders.
- The largest Cascade Bancorp buyer in Q4 2016 was Gardner Lewis Asset Management, an estimated $12.5M added.
- The largest Cascade Bancorp seller in Q4 2016 was Basswood Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q4 2016.