Cadence Bancorporation
CADE
CADE was delisted on the 28th of October, 2021.
231 hedge funds and large institutions have $2.28B invested in Cadence Bancorporation in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 66 increasing their positions, 85 reducing their positions, and 38 closing their positions.
1,643% more call options, than puts
Call options by funds: $5.19M | Put options by funds: $298K
24% more capital invested
Capital invested by funds: $1.83B → $2.28B (+$445M)
5% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 38
0% more funds holding
Funds holding: 230 → 231 (+1)
22% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 85
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$50M |
| 2 |
State Street
Boston,
Massachusetts
|
+$43.8M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$34.7M |
| 4 |
Goldman Sachs
New York
|
+$29.4M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$33.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$33.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$27.1M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$26.1M |
| 5 |
Morgan Stanley
New York
|
-$15.8M |
CADE Hedge Fund Activity: Q1 2021 in Review
231 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Cadence Bancorporation (CADE) for Q1 2021, worth a combined $2.28B — up 24% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CADE positions and 38 closed out — a net gain of 2 holders — while 66 added to existing stakes and 85 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $50M. The largest seller was Azora Capital LP, cutting an estimated $33.7M.
- 231 institutional investors held Cadence Bancorporation (CADE) as of Q1 2021, up from 230 in Q4 2020.
- Funds reported $2.28B of Cadence Bancorporation stock for Q1 2021, up 24% quarter-over-quarter.
- 40 funds opened new Cadence Bancorporation positions in Q1 2021 and 38 closed out, a net change of +2 holders.
- The largest Cadence Bancorporation buyer in Q1 2021 was Channing Capital Management, an estimated $50M added.
- The largest Cadence Bancorporation seller in Q1 2021 was Azora Capital LP, an estimated $33.7M sold.
Based on aggregated 13F filings for Q1 2021.