Pathward Financial
CASH
59 hedge funds and large institutions have $125M invested in Pathward Financial in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 7 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
17% more capital invested
Capital invested by funds: $106M → $125M (+$18.2M)
5% less funds holding
Funds holding: 62 → 59 (-3)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$5.03M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$3.55M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.98M |
| 4 |
1IC
1919 Investment Counsel
Baltimore,
Maryland
|
+$2.07M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.79M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.57M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$650K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$413K |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$365K |
CASH Hedge Fund Activity: Q4 2013 in Review
59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pathward Financial (CASH) for Q4 2013, worth a combined $125M — up 17% from $106M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CASH and 6 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 27 added.
The largest buyer was Second Curve Capital, adding an estimated $5.03M. The largest seller was Russell Frank Company, exiting entirely with an estimated $1.79M sold.
- 59 institutional investors held Pathward Financial (CASH) as of Q4 2013, down from 62 in Q3 2013.
- Funds reported $125M of Pathward Financial stock for Q4 2013, up 17% quarter-over-quarter.
- 6 funds opened new Pathward Financial positions in Q4 2013 and 7 closed out, a net change of -1 holder.
- The largest Pathward Financial buyer in Q4 2013 was Second Curve Capital, an estimated $5.03M added.
- The largest Pathward Financial seller in Q4 2013 was Russell Frank Company, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2013.