First Financial Bancorp
FFBC
152 hedge funds and large institutions have $767M invested in First Financial Bancorp in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 51 increasing their positions, 53 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 150 → 152 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $788M → $767M (-$20.5M)
4% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 53
50% less call options, than puts
Call options by funds: $1K | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$11.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$9.14M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$7.1M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.49M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$11.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.13M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.47M |
| 4 |
FFBTD
First Financial Bank - Trust Division
Hamilton,
Ohio
|
-$2.93M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.63M |
FFBC Hedge Fund Activity: Q2 2014 in Review
152 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q2 2014, worth a combined $767M — down 2.6% from $788M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FFBC positions and 10 closed out — a net gain of 2 holders — while 51 added to existing stakes and 53 trimmed.
The largest buyer was Walthausen & Co, opening a new position worth an estimated $11.5M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $11.1M sold.
- 152 institutional investors held First Financial Bancorp (FFBC) as of Q2 2014, up from 150 in Q1 2014.
- Funds reported $767M of First Financial Bancorp stock for Q2 2014, down 2.6% quarter-over-quarter.
- 12 funds opened new First Financial Bancorp positions in Q2 2014 and 10 closed out, a net change of +2 holders.
- The largest First Financial Bancorp buyer in Q2 2014 was Walthausen & Co, an estimated $11.5M added.
- The largest First Financial Bancorp seller in Q2 2014 was Jacobs Asset Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2014.