CU Bancorp
CUNB
CUNB was delisted on the 20th of October, 2017.
96 hedge funds and large institutions have $363M invested in CU Bancorp in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
16% more funds holding
Funds holding: 83 → 96 (+13)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $390M → $363M (-$27.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$31.5M |
| 2 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$12.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$11.2M |
| 4 |
Renaissance Technologies
New York
|
+$10.9M |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$50.6M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$26.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$8.49M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.63M |
CUNB Hedge Fund Activity: Q2 2017 in Review
96 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CU Bancorp (CUNB) for Q2 2017, worth a combined $363M — down 7.1% from $390M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CUNB positions and 17 closed out — a net gain of 15 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $31.5M. The largest seller was Wellington Management Group, cutting an estimated $50.6M.
- 96 institutional investors held CU Bancorp (CUNB) as of Q2 2017, up from 83 in Q1 2017.
- Funds reported $363M of CU Bancorp stock for Q2 2017, down 7.1% quarter-over-quarter.
- 32 funds opened new CU Bancorp positions in Q2 2017 and 17 closed out, a net change of +15 holders.
- The largest CU Bancorp buyer in Q2 2017 was AQR Arbitrage, an estimated $31.5M added.
- The largest CU Bancorp seller in Q2 2017 was Wellington Management Group, an estimated $50.6M sold.
Based on aggregated 13F filings for Q2 2017.