Pathward Financial
CASH
142 hedge funds and large institutions have $608M invested in Pathward Financial in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 49 reducing their positions, and 28 closing their positions.
3.94% more ownership
Funds ownership: 216.48% → 220.42% (+3.9%)
4% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 49
6% less funds holding
Funds holding: 151 → 142 (-9)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
11% less capital invested
Capital invested by funds: $682M → $608M (-$74.1M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$54.4M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$13M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$9.79M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.33M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$6.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$18.1M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$7.59M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.91M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$4.64M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$4.14M |
CASH Hedge Fund Activity: Q1 2017 in Review
142 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pathward Financial (CASH) for Q1 2017, worth a combined $608M — down 11% from $682M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CASH and 25 opened new positions — a net loss of 3 holders — while 49 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $54.4M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $18.1M sold.
- 142 institutional investors held Pathward Financial (CASH) as of Q1 2017, down from 151 in Q4 2016.
- Funds reported $608M of Pathward Financial stock for Q1 2017, down 11% quarter-over-quarter.
- 25 funds opened new Pathward Financial positions in Q1 2017 and 28 closed out, a net change of -3 holders.
- The largest Pathward Financial buyer in Q1 2017 was BlackRock, an estimated $54.4M added.
- The largest Pathward Financial seller in Q1 2017 was Philadelphia Financial Management of San Francisco, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2017.