Community Bank
221 hedge funds and large institutions have $2.12B invested in Community Bank in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 84 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
5% more funds holding
Funds holding: 210 → 221 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.67% less ownership
Funds ownership: 73.39% → 69.71% (-3.7%)
5% less capital invested
Capital invested by funds: $2.24B → $2.12B (-$121M)
26% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.6M |
| 2 |
BlackRock
New York
|
+$7.4M |
| 3 |
Millennium Management
New York
|
+$5.24M |
| 4 |
JP Morgan Chase
New York
|
+$3.96M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$20.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$9.69M |
| 5 |
Goldman Sachs
New York
|
-$7.35M |
CBU Hedge Fund Activity: Q2 2020 in Review
221 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Community Bank (CBU) for Q2 2020, worth a combined $2.12B — down 5.4% from $2.24B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CBU positions and 19 closed out — a net gain of 14 holders — while 62 added to existing stakes and 84 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $12.6M. The largest seller was Federated Hermes, cutting an estimated $20.9M.
- 221 institutional investors held Community Bank (CBU) as of Q2 2020, up from 210 in Q1 2020.
- Funds reported $2.12B of Community Bank stock for Q2 2020, down 5.4% quarter-over-quarter.
- 33 funds opened new Community Bank positions in Q2 2020 and 19 closed out, a net change of +14 holders.
- The largest Community Bank buyer in Q2 2020 was Fidelity Investments, an estimated $12.6M added.
- The largest Community Bank seller in Q2 2020 was Federated Hermes, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2020.