Customers Bancorp
CUBI
139 hedge funds and large institutions have $267M invested in Customers Bancorp in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 20 closing their positions.
3.74% less ownership
Funds ownership: 79.4% → 75.67% (-3.7%)
5% less funds holding
Funds holding: 147 → 139 (-8)
11% less capital invested
Capital invested by funds: $300M → $267M (-$33.1M)
24% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 54
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$2.97M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$1.35M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$857K |
| 5 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.41M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.24M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$1.82M |
| 5 |
QI
QS Investors
New York
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Rafferty Asset Management
New York
| – | -$129K | -10,720 | Closed |
|
152
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$76K | -6,300 | Closed |
|
|
QT
153
Quantbot Technologies
New York
| – | -$14K | -1,200 | Closed |
|
|
FHA
154
First Horizon Advisors
Memphis,
Tennessee
| – | -$12K | -1,000 | Closed |
|
|
LIA
155
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$10K | -861 | Closed |
|
|
PAG
156
Private Advisor Group
Morristown,
New Jersey
| – | -$4K | -300 | Closed |
|
|
OPS
157
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -67 | Closed |
|
|
SF
158
Synovus Financial
Columbus,
Georgia
| – | -$1K | -44 | Closed |
|
159
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$439 | +37 | New |
|
CUBI Hedge Fund Activity: Q3 2020 in Review
139 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Customers Bancorp (CUBI) for Q3 2020, worth a combined $267M — down 11% from $300M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CUBI and 12 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 41 added.
The largest buyer was Newtyn Management, adding an estimated $2.97M. The largest seller was Nordea Investment Management, cutting an estimated $2.41M.
- 139 institutional investors held Customers Bancorp (CUBI) as of Q3 2020, down from 147 in Q2 2020.
- Funds reported $267M of Customers Bancorp stock for Q3 2020, down 11% quarter-over-quarter.
- 12 funds opened new Customers Bancorp positions in Q3 2020 and 20 closed out, a net change of -8 holders.
- The largest Customers Bancorp buyer in Q3 2020 was Newtyn Management, an estimated $2.97M added.
- The largest Customers Bancorp seller in Q3 2020 was Nordea Investment Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2020.