Cadence Bancorporation
CADE
CADE was delisted on the 28th of October, 2021.
221 hedge funds and large institutions have $2.2B invested in Cadence Bancorporation in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 84 increasing their positions, 62 reducing their positions, and 50 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 62
2% less funds holding
Funds holding: 226 → 221 (-5)
10% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 50
10% less capital invested
Capital invested by funds: $2.44B → $2.2B (-$246M)
87% less call options, than puts
Call options by funds: $962K | Put options by funds: $7.21M
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$144M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$30M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.8M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$29.6M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$73.4M |
| 2 |
Lazard Asset Management
New York
|
-$36.7M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$18.7M |
| 4 |
PL
PWMCO LLC
Chicago,
Illinois
|
-$15.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.5M |
CADE Hedge Fund Activity: Q3 2019 in Review
221 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cadence Bancorporation (CADE) for Q3 2019, worth a combined $2.2B — down 10% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CADE and 45 opened new positions — a net loss of 5 holders — while 62 trimmed existing stakes and 84 added.
The largest buyer was BlackRock, adding an estimated $144M. The largest seller was AllianceBernstein, cutting an estimated $73.4M.
- 221 institutional investors held Cadence Bancorporation (CADE) as of Q3 2019, down from 226 in Q2 2019.
- Funds reported $2.2B of Cadence Bancorporation stock for Q3 2019, down 10% quarter-over-quarter.
- 45 funds opened new Cadence Bancorporation positions in Q3 2019 and 50 closed out, a net change of -5 holders.
- The largest Cadence Bancorporation buyer in Q3 2019 was BlackRock, an estimated $144M added.
- The largest Cadence Bancorporation seller in Q3 2019 was AllianceBernstein, an estimated $73.4M sold.
Based on aggregated 13F filings for Q3 2019.