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First Financial Bancorp

151 hedge funds and large institutions have $647M invested in First Financial Bancorp in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 47

3% more capital invested

Capital invested by funds: $627M → $647M (+$20M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less funds holding

Funds holding: 159151 (-8)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

Holders
151
Holders Change
-8
Holders Change %
-5.03%
% of All Funds
4.9%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
8
Increased
62
Reduced
47
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WHG
1
Westwood Holdings Group
Texas
$55.2M -$167K -10,644 -0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$51.6M +$1.17M +74,714 +2%
BFA
3
BlackRock Fund Advisors
California
$47.4M +$3.86M +246,022 +9%
JP Morgan Chase
4
JP Morgan Chase
New York
$37.8M +$123K +7,837 +0.3%
State Street
5
State Street
Massachusetts
$32.5M +$5.13M +326,724 +18%
DRZID
6
DePrince Race & Zollo Inc (DRZ)
Florida
$31.9M +$4.66M +296,551 +16%
Macquarie Group
7
Macquarie Group
Australia
$28.4M +$2.1M +133,899 +8%
Northern Trust
8
Northern Trust
Illinois
$26.4M +$1.64M +104,205 +6%
BIT
9
BlackRock Institutional Trust
California
$25.6M -$484K -30,783 -2%
FFBTD
10
First Financial Bank - Trust Division
Ohio
$24M -$304K -19,342 -1%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$23.6M +$1.65M +104,802 +7%
JAM
12
Jacobs Asset Management
New York
$16.7M -$1.57M -100,201 -8%
Loomis, Sayles & Company
13
Loomis, Sayles & Company
Massachusetts
$13.1M -$57K -3,628 -0.4%
Lord, Abbett & Co
14
Lord, Abbett & Co
New Jersey
$11.7M -$17.3M -1,099,718 -59%
RFC
15
Russell Frank Company
Washington
$11.1M -$1.31M -83,334 -10%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$11M +$600K +38,227 +6%
MCM
17
Munder Capital Management
Michigan
$11M +$219K +13,913 +2%
OCG
18
Opus Capital Group
Ohio
$9.19M -$9.35M -595,081 -50%
MCM
19
Maltese Capital Management
New York
$9.1M -$1.9M -121,100 -17%
Norges Bank
20
Norges Bank
Norway
$8.29M
NPIC
21
Neumeier Poma Investment Counsel
California
$8.1M +$3.14K +200 +0%
EBIM
22
Eagle Boston Investment Management
Massachusetts
$6.91M -$146K -9,326 -2%
Principal Financial Group
23
Principal Financial Group
Iowa
$6.17M +$493K +31,368 +8%
PIM
24
Provident Investment Management
Michigan
$5.96M
EAM
25
Edge Asset Management
Washington
$5.32M +$2.98M +189,678 +116%

FFBC Hedge Fund Activity: Q3 2013 in Review

151 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q3 2013, worth a combined $647M — up 3.2% from $627M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FFBC and 8 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 62 added.

The largest buyer was State Street, adding an estimated $5.13M. The largest seller was Lord, Abbett & Co, cutting an estimated $17.3M.

  • 151 institutional investors held First Financial Bancorp (FFBC) as of Q3 2013, down from 159 in Q2 2013.
  • Funds reported $647M of First Financial Bancorp stock for Q3 2013, up 3.2% quarter-over-quarter.
  • 8 funds opened new First Financial Bancorp positions in Q3 2013 and 14 closed out, a net change of -6 holders.
  • The largest First Financial Bancorp buyer in Q3 2013 was State Street, an estimated $5.13M added.
  • The largest First Financial Bancorp seller in Q3 2013 was Lord, Abbett & Co, an estimated $17.3M sold.

Based on aggregated 13F filings for Q3 2013.