Horizon Bancorp
HBNC
83 hedge funds and large institutions have $126M invested in Horizon Bancorp in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
2% more funds holding
Funds holding: 81 → 83 (+2)
4% more capital invested
Capital invested by funds: $121M → $126M (+$4.96M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.99M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2.01M |
| 3 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$989K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$892K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.82M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$756K |
| 3 |
JP Morgan Chase
New York
|
-$687K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$472K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$359K |
HBNC Hedge Fund Activity: Q1 2016 in Review
83 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2016, worth a combined $126M — up 4.1% from $121M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HBNC positions and 9 closed out — a net gain of 2 holders — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $6.99M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.82M sold.
- 83 institutional investors held Horizon Bancorp (HBNC) as of Q1 2016, up from 81 in Q4 2015.
- Funds reported $126M of Horizon Bancorp stock for Q1 2016, up 4.1% quarter-over-quarter.
- 11 funds opened new Horizon Bancorp positions in Q1 2016 and 9 closed out, a net change of +2 holders.
- The largest Horizon Bancorp buyer in Q1 2016 was Wellington Management Group, an estimated $6.99M added.
- The largest Horizon Bancorp seller in Q1 2016 was Maltese Capital Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2016.