First Financial Bancorp
FFBC
151 hedge funds and large institutions have $650M 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.
32% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 47
2% more capital invested
Capital invested by funds: $640M → $650M (+$10M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 159 → 151 (-8)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$5.13M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.66M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.86M |
| 4 |
Millennium Management
New York
|
+$3.45M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.3M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$9.35M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$6.2M |
| 4 |
Two Sigma Investments
New York
|
-$2.31M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$1.9M |
FFBC Hedge Fund Activity: Q3 2013 in Review
151 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q3 2013, worth a combined $650M — up 1.6% from $640M 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 $650M of First Financial Bancorp stock for Q3 2013, up 1.6% 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.