First Financial Bancorp
FFBC
170 hedge funds and large institutions have $818M invested in First Financial Bancorp in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 43 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
58% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 43
5% more funds holding
Funds holding: 162 → 170 (+8)
8% less capital invested
Capital invested by funds: $891M → $818M (-$73.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.4M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.02M |
| 3 |
Two Sigma Investments
New York
|
+$4.05M |
| 4 |
Renaissance Technologies
New York
|
+$3.11M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$18.6M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$15.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$14M |
| 4 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$4.22M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.92M |
FFBC Hedge Fund Activity: Q4 2015 in Review
170 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q4 2015, worth a combined $818M — down 8.2% from $891M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FFBC positions and 14 closed out — a net gain of 9 holders — while 68 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, adding an estimated $11.4M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $18.6M sold.
- 170 institutional investors held First Financial Bancorp (FFBC) as of Q4 2015, up from 162 in Q3 2015.
- Funds reported $818M of First Financial Bancorp stock for Q4 2015, down 8.2% quarter-over-quarter.
- 23 funds opened new First Financial Bancorp positions in Q4 2015 and 14 closed out, a net change of +9 holders.
- The largest First Financial Bancorp buyer in Q4 2015 was Millennium Management, an estimated $11.4M added.
- The largest First Financial Bancorp seller in Q4 2015 was Epoch Investment Partners, an estimated $18.6M sold.
Based on aggregated 13F filings for Q4 2015.