Customers Bancorp
CUBI
173 hedge funds and large institutions have $481M invested in Customers Bancorp in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 76 increasing their positions, 56 reducing their positions, and 56 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 56
9% more call options, than puts
Call options by funds: $4.47M | Put options by funds: $4.1M
1.63% less ownership
Funds ownership: 83.7% → 82.07% (-1.6%)
17% less funds holding
Funds holding: 209 → 173 (-36)
32% less capital invested
Capital invested by funds: $704M → $481M (-$223M)
63% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$13.3M |
| 2 |
NM
Newtyn Management
New York
|
+$13M |
| 3 |
State Street
Boston,
Massachusetts
|
+$11.7M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$7.17M |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$16M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$13.9M |
| 3 |
JP Morgan Chase
New York
|
-$13.7M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$9.09M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$8.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
226
Summit Securities Group
New York
| – | +$27 | +1 | New |
|
227
Lazard Asset Management
New York
| – | +$136 | +5 | +83% |
|
CUBI Hedge Fund Activity: Q1 2023 in Review
173 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Customers Bancorp (CUBI) for Q1 2023, worth a combined $481M — down 32% from $704M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of CUBI and 21 opened new positions — a net loss of 35 holders — while 56 trimmed existing stakes and 76 added.
The largest buyer was Jacobs Levy Equity Management, adding an estimated $13.3M. The largest seller was Emerald Advisers, exiting entirely with an estimated $16M sold.
- 173 institutional investors held Customers Bancorp (CUBI) as of Q1 2023, down from 209 in Q4 2022.
- Funds reported $481M of Customers Bancorp stock for Q1 2023, down 32% quarter-over-quarter.
- 21 funds opened new Customers Bancorp positions in Q1 2023 and 56 closed out, a net change of -35 holders.
- The largest Customers Bancorp buyer in Q1 2023 was Jacobs Levy Equity Management, an estimated $13.3M added.
- The largest Customers Bancorp seller in Q1 2023 was Emerald Advisers, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2023.