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Eagle Bancorp

110 hedge funds and large institutions have $411M invested in Eagle Bancorp in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

13% more capital invested

Capital invested by funds: $362M → $411M (+$48.9M)

1% more funds holding

Funds holding: 109110 (+1)

7% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 41

Holders
110
Holders Change
+1
Holders Change %
+0.92%
% of All Funds
3.19%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
15
Increased
38
Reduced
41
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FHC
1
Forest Hill Capital
Arkansas
$32.6M +$3.54M +119,945 +13%
BFC
2
Banc Funds Company
Illinois
$27.3M -$1.18M -40,000 -4%
Goldman Sachs
3
Goldman Sachs
New York
$26.6M -$839K -28,418 -3%
LI
4
LMCG Investments
Massachusetts
$24.6M +$96.9K +3,283 +0.4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$22.6M -$1.04M -35,175 -5%
Vanguard Group
6
Vanguard Group
Pennsylvania
$21.7M +$856K +28,990 +4%
BIT
7
BlackRock Institutional Trust
California
$21.2M +$85.1K +2,883 +0.4%
BFA
8
BlackRock Fund Advisors
California
$18.9M -$547K -18,549 -3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$16.8M
Deutsche Bank
10
Deutsche Bank
Germany
$15.9M +$1.36M +46,024 +10%
William Blair & Company
11
William Blair & Company
Illinois
$14.1M +$1.4M +47,461 +11%
BTW
12
Boston Trust Walden
Massachusetts
$12.5M +$12M +406,956 New
State Street
13
State Street
Massachusetts
$11.3M +$261K +8,829 +2%
Northern Trust
14
Northern Trust
Illinois
$10.8M +$267K +9,046 +3%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$8.11M +$591K +20,017 +8%
PI
16
Putnam Investments
Massachusetts
$7.15M -$118K -3,993 -2%
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$7.01M -$626K -21,200 -8%
PCM
18
Penn Capital Management
Pennsylvania
$5.9M -$336K -11,382 -6%
EPCA
19
Elizabeth Park Capital Advisors
Ohio
$4.59M +$4.43M +149,938 New
EP
20
Emrys Partners
New York
$3.97M +$3.83M +129,724 New
KCM
21
Kennedy Capital Management
Missouri
$3.85M -$76.7K -2,600 -2%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$3.8M +$324K +10,979 +10%
TCIM
23
TIAA CREF Investment Management
New York
$3.55M +$320K +10,853 +10%
EVM
24
Eaton Vance Management
Massachusetts
$3.5M -$223K -7,566 -6%
Chevy Chase Trust
25
Chevy Chase Trust
Maryland
$3.34M -$52.1K -1,765 -2%

EGBN Hedge Fund Activity: Q4 2013 in Review

110 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q4 2013, worth a combined $411M — up 13% from $362M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new EGBN positions and 13 closed out — a net gain of 2 holders — while 38 added to existing stakes and 41 trimmed.

The largest buyer was Boston Trust Walden, opening a new position worth an estimated $12M. The largest seller was Castine Capital Management, exiting entirely with an estimated $2.68M sold.

  • 110 institutional investors held Eagle Bancorp (EGBN) as of Q4 2013, up from 109 in Q3 2013.
  • Funds reported $411M of Eagle Bancorp stock for Q4 2013, up 13% quarter-over-quarter.
  • 15 funds opened new Eagle Bancorp positions in Q4 2013 and 13 closed out, a net change of +2 holders.
  • The largest Eagle Bancorp buyer in Q4 2013 was Boston Trust Walden, an estimated $12M added.
  • The largest Eagle Bancorp seller in Q4 2013 was Castine Capital Management, an estimated $2.68M sold.

Based on aggregated 13F filings for Q4 2013.