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Financial Institutions

116 hedge funds and large institutions have $311M invested in Financial Institutions in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 32

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

4% more funds holding

Funds holding: 112116 (+4)

1.8% more ownership

Funds ownership: 69.64%71.44% (+1.8%)

3% more capital invested

Capital invested by funds: $302M → $311M (+$9.4M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
116
Holders Change
+4
Holders Change %
+3.57%
% of All Funds
2.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
53
Reduced
32
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$31.8M -$822K -29,118 -3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$29.8M +$1.89M +66,983 +7%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$17.8M +$150K +5,294 +0.9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$17.7M +$671K +23,753 +4%
CNBT
5
Canandaigua National Bank & Trust
New York
$13.8M -$450K -15,940 -3%
JP Morgan Chase
6
JP Morgan Chase
New York
$13.7M -$1.05M -37,265 -7%
Renaissance Technologies
7
Renaissance Technologies
New York
$11.6M +$1.77M +62,600 +18%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$10.6M +$33.9K +1,200 +0.3%
LSV Asset Management
9
LSV Asset Management
Illinois
$10.4M +$647K +22,900 +7%
BCM
10
Basswood Capital Management
New York
$9M +$8.83M +312,580 New
Northern Trust
11
Northern Trust
Illinois
$8.35M +$227K +8,035 +3%
State Street
12
State Street
Massachusetts
$7.64M +$74.1K +2,622 +1%
Prudential Financial
13
Prudential Financial
New Jersey
$7.53M +$189K +6,690 +3%
Millennium Management
14
Millennium Management
New York
$7.4M +$1.27M +45,002 +21%
BFC
15
Banc Funds Company
Illinois
$7.15M +$1.69M +60,000 +32%
NI
16
Numeric Investors
Massachusetts
$5.22M -$1.71M -60,420 -25%
FP
17
Foundry Partners
Minnesota
$4.53M +$333K +11,800 +8%
Deutsche Bank
18
Deutsche Bank
Germany
$4.45M +$95.3K +3,373 +2%
AL
19
AJO LP
Pennsylvania
$4.43M -$1.34M -47,522 -24%
NFA
20
Nationwide Fund Advisors
Ohio
$3.88M +$11.3K +400 +0.3%
Charles Schwab
21
Charles Schwab
California
$3.68M +$79.2K +2,803 +2%
CAM
22
ClariVest Asset Management
California
$3.63M +$84.3K +2,986 +2%
AIS
23
AlphaOne Investment Services
Pennsylvania
$3.61M +$394K +13,950 +13%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$3.51M +$65.8K +2,328 +2%
AQR Capital Management
25
AQR Capital Management
Connecticut
$3.25M +$2.75M +97,539 +645%

FISI Hedge Fund Activity: Q3 2017 in Review

116 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2017, worth a combined $311M — up 3.1% from $302M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FISI positions and 12 closed out — a net gain of 5 holders — while 53 added to existing stakes and 32 trimmed.

The largest buyer was Basswood Capital Management, opening a new position worth an estimated $8.83M. The largest seller was EJF Capital, exiting entirely with an estimated $2.17M sold.

  • 116 institutional investors held Financial Institutions (FISI) as of Q3 2017, up from 112 in Q2 2017.
  • Funds reported $311M of Financial Institutions stock for Q3 2017, up 3.1% quarter-over-quarter.
  • 17 funds opened new Financial Institutions positions in Q3 2017 and 12 closed out, a net change of +5 holders.
  • The largest Financial Institutions buyer in Q3 2017 was Basswood Capital Management, an estimated $8.83M added.
  • The largest Financial Institutions seller in Q3 2017 was EJF Capital, an estimated $2.17M sold.

Based on aggregated 13F filings for Q3 2017.