CU Bancorp
CUNB
CUNB was delisted on the 20th of October, 2017.
94 hedge funds and large institutions have $386M invested in CU Bancorp in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 23 reducing their positions, and 15 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more capital invested
Capital invested by funds: $363M → $386M (+$23.1M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2% less funds holding
Funds holding: 96 → 94 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.74M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$3.93M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$3.07M |
| 4 |
Renaissance Technologies
New York
|
+$2.86M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.3M |
| 2 |
Goldman Sachs
New York
|
-$6.32M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$1.9M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.47M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
101
Trexquant Investment
Stamford,
Connecticut
| – | -$316K | -8,754 | Closed |
|
102
TD Asset Management
Toronto,
Ontario, Canada
| – | -$311K | -8,613 | Closed |
|
|
CSS
103
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$271K | -7,496 | Closed |
|
|
JC
104
JBF Capital
Aspen,
Colorado
| – | -$267K | -7,397 | Closed |
|
105
Principal Financial Group
Des Moines,
Iowa
| – | -$253K | -6,993 | Closed |
|
106
Squarepoint
New York
| – | -$246K | -6,800 | Closed |
|
|
MCM
107
McKinley Capital Management
Anchorage,
Alaska
| – | -$39K | -1,090 | Closed |
|
|
AIM
108
Acrospire Investment Management
Chicago,
Illinois
| – | -$37K | -1,022 | Closed |
|
|
CG
109
Cutler Group
San Francisco,
California
| – | -$3K | -100 | Closed |
|
CUNB Hedge Fund Activity: Q3 2017 in Review
94 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CU Bancorp (CUNB) for Q3 2017, worth a combined $386M — up 6.4% from $363M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CUNB and 14 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 39 added.
The largest buyer was Magnetar Financial, adding an estimated $4.74M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $17.3M sold.
- 94 institutional investors held CU Bancorp (CUNB) as of Q3 2017, down from 96 in Q2 2017.
- Funds reported $386M of CU Bancorp stock for Q3 2017, up 6.4% quarter-over-quarter.
- 14 funds opened new CU Bancorp positions in Q3 2017 and 15 closed out, a net change of -1 holder.
- The largest CU Bancorp buyer in Q3 2017 was Magnetar Financial, an estimated $4.74M added.
- The largest CU Bancorp seller in Q3 2017 was T. Rowe Price Associates, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2017.