First Financial Bancorp
FFBC
220 hedge funds and large institutions have $1.87B invested in First Financial Bancorp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 79 increasing their positions, 55 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
44% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 55
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
2% more capital invested
Capital invested by funds: $1.84B → $1.87B (+$31.7M)
1% more funds holding
Funds holding: 218 → 220 (+2)
1.52% less ownership
Funds ownership: 77.06% → 75.54% (-1.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$10.5M |
| 2 |
JP Morgan Chase
New York
|
+$9.64M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$7.1M |
| 4 |
Man Group
London,
United Kingdom
|
+$4.64M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.2M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$5.87M |
| 3 |
Renaissance Technologies
New York
|
-$4.64M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$4.09M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
226
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$571K | -23,573 | Closed |
|
|
BPM
227
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$480K | -19,799 | Closed |
|
|
DTL
228
Dynamic Technology Lab
Singapore
| – | -$461K | -19,047 | Closed |
|
|
USAA
229
United Services Automobile Association
San Antonio,
Texas
| – | -$372K | -15,366 | Closed |
|
|
AA
230
ALPS Advisors
Denver,
Colorado
| – | -$361K | -14,916 | Closed |
|
|
LCM
231
Lucas Capital Management
Red Bank,
New Jersey
| – | -$360K | -14,865 | Closed |
|
|
ZCM
232
Zebra Capital Management
Stamford,
Connecticut
| – | -$229K | -9,446 | Closed |
|
|
AIP
233
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$189K | -7,793 | Closed |
|
234
SG Americas Securities
New York
| – | -$113K | -4,662 | Closed |
|
|
CL
235
CSS LLC
Chicago,
Illinois
| – | -$106K | -4,362 | Closed |
|
|
RIA
236
Realta Investment Advisors
Wilmington,
Delaware
| – | -$4K | -163 | Closed |
|
|
PCP
237
Proficio Capital Partners
Newton,
Massachusetts
| – | -$3K | -143 | Closed |
|
|
TRCT
238
Tower Research Capital (TRC)
New York
| – | -$1K | -33 | Closed |
|
FFBC Hedge Fund Activity: Q3 2019 in Review
220 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q3 2019, worth a combined $1.87B — up 1.7% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FFBC positions and 20 closed out — a net gain of 3 holders — while 79 added to existing stakes and 55 trimmed.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $10.5M. The largest seller was Millennium Management, cutting an estimated $10.2M.
- 220 institutional investors held First Financial Bancorp (FFBC) as of Q3 2019, up from 218 in Q2 2019.
- Funds reported $1.87B of First Financial Bancorp stock for Q3 2019, up 1.7% quarter-over-quarter.
- 23 funds opened new First Financial Bancorp positions in Q3 2019 and 20 closed out, a net change of +3 holders.
- The largest First Financial Bancorp buyer in Q3 2019 was Patriot Financial Partners, an estimated $10.5M added.
- The largest First Financial Bancorp seller in Q3 2019 was Millennium Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2019.