Guaranty Bancorp
GBNK
GBNK was delisted on the 31st of December, 2018.
60 hedge funds and large institutions have $282M invested in Guaranty Bancorp in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more capital invested
Capital invested by funds: $237M → $282M (+$44.3M)
2% less funds holding
Funds holding: 61 → 60 (-1)
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
|
+$3.56M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.29M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$717K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$605K |
| 5 |
Renaissance Technologies
New York
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.29M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$749K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$729K |
| 4 |
Morgan Stanley
New York
|
-$488K |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Federated Hermes
Pittsburgh,
Pennsylvania
| $48K | +$21.6K | +1,413 | +102% |
|
|
52
Morgan Stanley
New York
| $42K | -$488K | -31,973 | -93% |
|
53
UBS Group
Zurich,
Switzerland
| $17K | -$7.02K | -460 | -31% |
|
54
Invesco
Atlanta,
Georgia
| $17K | +$275 | +18 | +2% |
|
55
Wells Fargo
San Francisco,
California
| $14K | +$1.85K | +121 | +18% |
|
56
BlackRock
New York
| $8K | – | – | – |
|
57
Barclays
London,
United Kingdom
| $7K | -$6.1K | -400 | -48% |
|
58
BNP Paribas Financial Markets
Paris,
France
| $5.99K | +$5.38K | +353 | New |
|
59
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $111 | – | – | – |
|
|
MCA
61
Mendon Capital Advisors
Key Largo,
Florida
| – | -$749K | -51,865 | Closed |
|
|
HCS
62
Harvest Capital Strategies
San Francisco,
California
| – | -$460K | -31,863 | Closed |
|
|
PPA
63
Parametric Portfolio Associates
Seattle,
Washington
| – | -$184K | -12,759 | Closed |
|
|
TRCT
64
Tower Research Capital (TRC)
New York
| – | -$2K | -110 | Closed |
|
GBNK Hedge Fund Activity: Q1 2015 in Review
60 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Guaranty Bancorp (GBNK) for Q1 2015, worth a combined $282M — up 19% from $237M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GBNK and 3 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 21 added.
The largest buyer was Basswood Capital Management, adding an estimated $3.56M. The largest seller was Wellington Management Group, cutting an estimated $1.29M.
- 60 institutional investors held Guaranty Bancorp (GBNK) as of Q1 2015, down from 61 in Q4 2014.
- Funds reported $282M of Guaranty Bancorp stock for Q1 2015, up 19% quarter-over-quarter.
- 3 funds opened new Guaranty Bancorp positions in Q1 2015 and 4 closed out, a net change of -1 holder.
- The largest Guaranty Bancorp buyer in Q1 2015 was Basswood Capital Management, an estimated $3.56M added.
- The largest Guaranty Bancorp seller in Q1 2015 was Wellington Management Group, an estimated $1.29M sold.
Based on aggregated 13F filings for Q1 2015.