Customers Bancorp
CUBI
75 hedge funds and large institutions have $221M invested in Customers Bancorp in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 8 closing their positions.
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more capital invested
Capital invested by funds: $188M → $221M (+$32.8M)
14% more funds holding
Funds holding: 66 → 75 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.1M |
| 2 |
MAI
Marble Arch Investments
New York
|
+$5.55M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$4.59M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$4.46M |
| 5 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Serengeti Asset Management
New York
|
-$7.31M |
| 2 |
BC
BHR Capital
New York
|
-$7.11M |
| 3 |
CCI
Columbus Circle Investors
|
-$4.48M |
| 4 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$1.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$975K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
76
Serengeti Asset Management
New York
| – | -$7.31M | -495,000 | Closed |
|
|
CCI
77
Columbus Circle Investors
| – | -$4.48M | -303,039 | Closed |
|
|
PG
78
PEAK6 Group
Chicago,
Illinois
| – | -$1.08K | -73,196 | Closed |
|
|
79
D.E. Shaw & Co
New York
| – | -$975K | -66,000 | Closed |
|
80
William Blair & Company
Chicago,
Illinois
| – | -$406K | -27,500 | Closed |
|
81
Millennium Management
New York
| – | -$356K | -24,090 | Closed |
|
|
BCMU
82
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$247K | -16,732 | Closed |
|
83
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$81K | -5,500 | Closed |
|
CUBI Hedge Fund Activity: Q3 2013 in Review
75 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Customers Bancorp (CUBI) for Q3 2013, worth a combined $221M — up 17% from $188M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CUBI positions and 8 closed out — a net gain of 9 holders — while 34 added to existing stakes and 13 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $12.1M. The largest seller was Serengeti Asset Management, exiting entirely with an estimated $7.31M sold.
- 75 institutional investors held Customers Bancorp (CUBI) as of Q3 2013, up from 66 in Q2 2013.
- Funds reported $221M of Customers Bancorp stock for Q3 2013, up 17% quarter-over-quarter.
- 17 funds opened new Customers Bancorp positions in Q3 2013 and 8 closed out, a net change of +9 holders.
- The largest Customers Bancorp buyer in Q3 2013 was Wellington Management Group, an estimated $12.1M added.
- The largest Customers Bancorp seller in Q3 2013 was Serengeti Asset Management, an estimated $7.31M sold.
Based on aggregated 13F filings for Q3 2013.