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Financial Institutions

92 hedge funds and large institutions have $224M invested in Financial Institutions in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

46% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 26

12% more funds holding

Funds holding: 8292 (+10)

11% less capital invested

Capital invested by funds: $253M → $224M (-$28M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
92
Holders Change
+10
Holders Change %
+12.2%
% of All Funds
2.45%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
14
Increased
38
Reduced
26
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CP
1
Clover Partners
Texas
$20.7M
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$20.7M +$917K +33,267 +4%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$20.5M -$8.35M -303,039 -28%
CNBT
4
Canandaigua National Bank & Trust
New York
$14.6M -$24.7K -895 -0.2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$13.5M +$510K +18,490 +4%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$12.9M +$20.6K +749 +0.2%
BIT
7
BlackRock Institutional Trust
California
$12.5M +$245K +8,904 +2%
BFA
8
BlackRock Fund Advisors
California
$9.39M -$7.47K -271 -0.1%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$9.26M -$34.1K -1,236 -0.3%
LSV Asset Management
10
LSV Asset Management
Illinois
$8.94M +$482K +17,483 +5%
KCM
11
Kennedy Capital Management
Missouri
$8.09M -$865K -31,380 -9%
Northern Trust
12
Northern Trust
Illinois
$6.72M +$229K +8,323 +3%
State Street
13
State Street
Massachusetts
$6.18M +$195K +7,068 +3%
JP Morgan Chase
14
JP Morgan Chase
New York
$5.49M -$196K -7,113 -3%
FP
15
Foundry Partners
Minnesota
$3.49M +$6.89K +250 +0.2%
AIS
16
AlphaOne Investment Services
Pennsylvania
$3.38M -$667K -24,200 -16%
CIM
17
Calvert Investment Management
Maryland
$2.95M
Renaissance Technologies
18
Renaissance Technologies
New York
$2.81M +$485K +17,600 +20%
Prudential Financial
19
Prudential Financial
New Jersey
$2.77M +$38.6K +1,400 +1%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$2.63M +$115K +4,172 +4%
CRC
21
Curi RMB Capital
Illinois
$2.58M +$973K +35,300 +55%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$2.39M +$111K +4,018 +5%
BFC
23
Banc Funds Company
Illinois
$2.3M -$414K -15,000 -15%
BCM
24
Bridgeway Capital Management
Texas
$2.1M -$879K -31,900 -28%
NFA
25
Nationwide Fund Advisors
Ohio
$1.74M +$1.17M +42,600 +178%

FISI Hedge Fund Activity: Q2 2016 in Review

92 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q2 2016, worth a combined $224M — down 11% from $253M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FISI positions and 3 closed out — a net gain of 11 holders — while 38 added to existing stakes and 26 trimmed.

The largest buyer was Nationwide Fund Advisors, adding an estimated $1.17M. The largest seller was Wellington Management Group, cutting an estimated $8.35M.

  • 92 institutional investors held Financial Institutions (FISI) as of Q2 2016, up from 82 in Q1 2016.
  • Funds reported $224M of Financial Institutions stock for Q2 2016, down 11% quarter-over-quarter.
  • 14 funds opened new Financial Institutions positions in Q2 2016 and 3 closed out, a net change of +11 holders.
  • The largest Financial Institutions buyer in Q2 2016 was Nationwide Fund Advisors, an estimated $1.17M added.
  • The largest Financial Institutions seller in Q2 2016 was Wellington Management Group, an estimated $8.35M sold.

Based on aggregated 13F filings for Q2 2016.