Horizon Bancorp
HBNC
70 hedge funds and large institutions have $91.1M invested in Horizon Bancorp in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
10% more capital invested
Capital invested by funds: $82.6M → $91.1M (+$8.58M)
8% more funds holding
Funds holding: 65 → 70 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.53M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.33M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$1.11M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$646K |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$2.11M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.38M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$350K |
| 4 |
GMIM
General Motors Investment Management
New York
|
-$258K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$186K |
HBNC Hedge Fund Activity: Q2 2015 in Review
70 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2015, worth a combined $91.1M — up 10% from $82.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HBNC positions and 3 closed out — a net gain of 5 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Foundry Partners, opening a new position worth an estimated $1.53M. The largest seller was 1ST Source Bank, cutting an estimated $2.11M.
- 70 institutional investors held Horizon Bancorp (HBNC) as of Q2 2015, up from 65 in Q1 2015.
- Funds reported $91.1M of Horizon Bancorp stock for Q2 2015, up 10% quarter-over-quarter.
- 8 funds opened new Horizon Bancorp positions in Q2 2015 and 3 closed out, a net change of +5 holders.
- The largest Horizon Bancorp buyer in Q2 2015 was Foundry Partners, an estimated $1.53M added.
- The largest Horizon Bancorp seller in Q2 2015 was 1ST Source Bank, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2015.