Customers Bancorp
CUBI
143 hedge funds and large institutions have $278M invested in Customers Bancorp in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 23 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.83% less ownership
Funds ownership: 81.88% → 81.05% (-0.83%)
8% less funds holding
Funds holding: 155 → 143 (-12)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
54% less capital invested
Capital invested by funds: $610M → $278M (-$332M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.59M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$2.71M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$5.64M |
| 2 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
-$5.42M |
| 3 |
JP Morgan Chase
New York
|
-$2.79M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.17M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.02M |
CUBI Hedge Fund Activity: Q1 2020 in Review
143 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Customers Bancorp (CUBI) for Q1 2020, worth a combined $278M — down 54% from $610M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CUBI and 13 opened new positions — a net loss of 10 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was Basswood Capital Management, adding an estimated $6.59M. The largest seller was Newtyn Management, cutting an estimated $5.64M.
- 143 institutional investors held Customers Bancorp (CUBI) as of Q1 2020, down from 155 in Q4 2019.
- Funds reported $278M of Customers Bancorp stock for Q1 2020, down 54% quarter-over-quarter.
- 13 funds opened new Customers Bancorp positions in Q1 2020 and 23 closed out, a net change of -10 holders.
- The largest Customers Bancorp buyer in Q1 2020 was Basswood Capital Management, an estimated $6.59M added.
- The largest Customers Bancorp seller in Q1 2020 was Newtyn Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q1 2020.