Customers Bancorp
CUBI
159 hedge funds and large institutions have $595M invested in Customers Bancorp in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 67 increasing their positions, 52 reducing their positions, and 27 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 52
2.67% less ownership
Funds ownership: 82.46% → 79.79% (-2.7%)
8% less funds holding
Funds holding: 173 → 159 (-14)
19% less capital invested
Capital invested by funds: $737M → $595M (-$143M)
24% less call options, than puts
Call options by funds: $536K | Put options by funds: $707K
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.33M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$5.03M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.57M |
| 4 |
BlackRock
New York
|
+$3.6M |
| 5 |
Goldman Sachs
New York
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$13.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.54M |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$6.18M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.47M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
176
Stone Ridge Asset Management
New York
| – | -$200K | -7,057 | Closed |
|
|
PIA
177
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$196K | -6,895 | Closed |
|
|
AIM
178
Assured Investment Management
New York
| – | -$168K | -5,923 | Closed |
|
|
QT
179
Quantbot Technologies
New York
| – | -$59K | -2,106 | Closed |
|
|
OIA
180
Optimum Investment Advisors
Chicago,
Illinois
| – | -$43K | -1,500 | Closed |
|
181
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$22K | -766 | Closed |
|
|
GT
182
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$18K | -650 | Closed |
|
|
CF
183
Centaurus Financial
Anaheim,
California
| – | -$14K | -500 | Closed |
|
|
QCG
184
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -61 | Closed |
|
|
PFBT
185
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -38 | Closed |
|
|
CAG
186
Csenge Advisory Group
Clearwater,
Florida
| – | +$311 | +12 | New |
|
CUBI Hedge Fund Activity: Q3 2018 in Review
159 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Customers Bancorp (CUBI) for Q3 2018, worth a combined $595M — down 19% from $737M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CUBI and 14 opened new positions — a net loss of 13 holders — while 52 trimmed existing stakes and 67 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $6.33M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $13.5M sold.
- 159 institutional investors held Customers Bancorp (CUBI) as of Q3 2018, down from 173 in Q2 2018.
- Funds reported $595M of Customers Bancorp stock for Q3 2018, down 19% quarter-over-quarter.
- 14 funds opened new Customers Bancorp positions in Q3 2018 and 27 closed out, a net change of -13 holders.
- The largest Customers Bancorp buyer in Q3 2018 was Basswood Capital Management, an estimated $6.33M added.
- The largest Customers Bancorp seller in Q3 2018 was Hood River Capital Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2018.