FinWise Bancorp
FINW
23 hedge funds and large institutions have $28.6M invested in FinWise Bancorp in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 4 closing their positions.
3% less capital invested
Capital invested by funds: $29.6M → $28.6M (-$1M)
1.4% less ownership
Funds ownership: 25.45% → 24.05% (-1.4%)
4% less funds holding
Funds holding: 24 → 23 (-1)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.69M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$743K |
| 3 |
State Street
Boston,
Massachusetts
|
+$124K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$112K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.13M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$426K |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$301K |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$250K |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
26
Globeflex Capital
San Diego,
California
| – | -$74K | -8,243 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -117 | Closed |
|
FINW Hedge Fund Activity: Q4 2022 in Review
23 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in FinWise Bancorp (FINW) for Q4 2022, worth a combined $28.6M — down 3.4% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FINW and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 7 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.69M. The largest seller was Goldman Sachs, cutting an estimated $3.13M.
- 23 institutional investors held FinWise Bancorp (FINW) as of Q4 2022, down from 24 in Q3 2022.
- Funds reported $28.6M of FinWise Bancorp stock for Q4 2022, down 3.4% quarter-over-quarter.
- 3 funds opened new FinWise Bancorp positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest FinWise Bancorp buyer in Q4 2022 was Basswood Capital Management, an estimated $1.69M added.
- The largest FinWise Bancorp seller in Q4 2022 was Goldman Sachs, an estimated $3.13M sold.
Based on aggregated 13F filings for Q4 2022.