First Financial Bancorp
FFBC
162 hedge funds and large institutions have $938M invested in First Financial Bancorp in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 69 increasing their positions, 52 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 52
13% more capital invested
Capital invested by funds: $833M → $938M (+$105M)
4% less funds holding
Funds holding: 168 → 162 (-6)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$49.2M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$11.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.09M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16.6M |
| 2 |
SC
Seawolf Capital
New York
|
-$3.43M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.72M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
-$1.98M |
| 5 |
Two Sigma Advisers
New York
|
-$1.61M |
FFBC Hedge Fund Activity: Q2 2016 in Review
162 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q2 2016, worth a combined $938M — up 13% from $833M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FFBC and 10 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 69 added.
The largest buyer was Macquarie Group, adding an estimated $49.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $16.6M.
- 162 institutional investors held First Financial Bancorp (FFBC) as of Q2 2016, down from 168 in Q1 2016.
- Funds reported $938M of First Financial Bancorp stock for Q2 2016, up 13% quarter-over-quarter.
- 10 funds opened new First Financial Bancorp positions in Q2 2016 and 15 closed out, a net change of -5 holders.
- The largest First Financial Bancorp buyer in Q2 2016 was Macquarie Group, an estimated $49.2M added.
- The largest First Financial Bancorp seller in Q2 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2016.