First Financial Bancorp
FFBC
153 hedge funds and large institutions have $865M invested in First Financial Bancorp in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 11 closing their positions.
23% more capital invested
Capital invested by funds: $704M → $865M (+$161M)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 156 → 153 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$25.3M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$8.86M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.92M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.87M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.1M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$2.52M |
| 3 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$1.92M |
| 4 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$1.41M |
| 5 |
Millennium Management
New York
|
-$1.28M |
FFBC Hedge Fund Activity: Q4 2014 in Review
153 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q4 2014, worth a combined $865M — up 23% from $704M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FFBC positions and 11 closed out — a net gain of 2 holders — while 56 added to existing stakes and 53 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $25.3M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $3.1M.
- 153 institutional investors held First Financial Bancorp (FFBC) as of Q4 2014, down from 156 in Q3 2014.
- Funds reported $865M of First Financial Bancorp stock for Q4 2014, up 23% quarter-over-quarter.
- 13 funds opened new First Financial Bancorp positions in Q4 2014 and 11 closed out, a net change of +2 holders.
- The largest First Financial Bancorp buyer in Q4 2014 was Victory Capital Management, an estimated $25.3M added.
- The largest First Financial Bancorp seller in Q4 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2014.