Central Pacific Financial
CPF
93 hedge funds and large institutions have $751M invested in Central Pacific Financial in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 27 reducing their positions, and 18 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 27
15% more capital invested
Capital invested by funds: $654M → $751M (+$97M)
1.13% more ownership
Funds ownership: 87.86% → 88.99% (+1.1%)
5% less funds holding
Funds holding: 98 → 93 (-5)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $311K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$20.9M |
| 2 |
MRM
Michael R. Murphy
|
+$8.23M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$6.46M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.41M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$30.4M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$13.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.51M |
| 4 |
TA
Tiptree Advisors
New York
|
-$1.93M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.69M |
CPF Hedge Fund Activity: Q4 2013 in Review
93 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Central Pacific Financial (CPF) for Q4 2013, worth a combined $751M — up 15% from $654M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CPF and 13 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 39 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $20.9M. The largest seller was EJF Capital, cutting an estimated $30.4M.
- 93 institutional investors held Central Pacific Financial (CPF) as of Q4 2013, down from 98 in Q3 2013.
- Funds reported $751M of Central Pacific Financial stock for Q4 2013, up 15% quarter-over-quarter.
- 13 funds opened new Central Pacific Financial positions in Q4 2013 and 18 closed out, a net change of -5 holders.
- The largest Central Pacific Financial buyer in Q4 2013 was Basswood Capital Management, an estimated $20.9M added.
- The largest Central Pacific Financial seller in Q4 2013 was EJF Capital, an estimated $30.4M sold.
Based on aggregated 13F filings for Q4 2013.