Pathward Financial
CASH
85 hedge funds and large institutions have $242M invested in Pathward Financial in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 12 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less funds holding
Funds holding: 88 → 85 (-3)
23% less capital invested
Capital invested by funds: $313M → $242M (-$70.9M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.92M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$3.93M |
| 3 |
JP Morgan Chase
New York
|
+$3.47M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.1M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$7.43M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$5.34M |
| 3 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$2.4M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$2.19M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$2.13M |
CASH Hedge Fund Activity: Q1 2016 in Review
85 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pathward Financial (CASH) for Q1 2016, worth a combined $242M — down 23% from $313M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CASH and 9 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 33 added.
The largest buyer was SG Capital Management, adding an estimated $4.92M. The largest seller was Second Curve Capital, cutting an estimated $7.43M.
- 85 institutional investors held Pathward Financial (CASH) as of Q1 2016, down from 88 in Q4 2015.
- Funds reported $242M of Pathward Financial stock for Q1 2016, down 23% quarter-over-quarter.
- 9 funds opened new Pathward Financial positions in Q1 2016 and 12 closed out, a net change of -3 holders.
- The largest Pathward Financial buyer in Q1 2016 was SG Capital Management, an estimated $4.92M added.
- The largest Pathward Financial seller in Q1 2016 was Second Curve Capital, an estimated $7.43M sold.
Based on aggregated 13F filings for Q1 2016.