Horizon Bancorp
HBNC
65 hedge funds and large institutions have $82.6M invested in Horizon Bancorp in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 5 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
2% less funds holding
Funds holding: 66 → 65 (-1)
9% less capital invested
Capital invested by funds: $91M → $82.6M (-$8.48M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$882K |
| 2 |
Renaissance Technologies
New York
|
+$680K |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$621K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$556K |
| 5 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$1.47M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$446K |
| 3 |
DTL
Dynamic Technology Lab
Singapore
|
-$329K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$327K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
-$272K |
HBNC Hedge Fund Activity: Q1 2015 in Review
65 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2015, worth a combined $82.6M — down 9.3% from $91M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HBNC and 4 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 26 added.
The largest buyer was Banc Funds Company, opening a new position worth an estimated $882K. The largest seller was 1ST Source Bank, cutting an estimated $1.47M.
- 65 institutional investors held Horizon Bancorp (HBNC) as of Q1 2015, down from 66 in Q4 2014.
- Funds reported $82.6M of Horizon Bancorp stock for Q1 2015, down 9.3% quarter-over-quarter.
- 4 funds opened new Horizon Bancorp positions in Q1 2015 and 5 closed out, a net change of -1 holder.
- The largest Horizon Bancorp buyer in Q1 2015 was Banc Funds Company, an estimated $882K added.
- The largest Horizon Bancorp seller in Q1 2015 was 1ST Source Bank, an estimated $1.47M sold.
Based on aggregated 13F filings for Q1 2015.