Horizon Bancorp
HBNC
137 hedge funds and large institutions have $243M invested in Horizon Bancorp in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 22 reducing their positions, and 13 closing their positions.
195% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 22
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
13% more capital invested
Capital invested by funds: $215M → $243M (+$27.2M)
11% more funds holding
Funds holding: 123 → 137 (+14)
3.34% more ownership
Funds ownership: 48.71% → 52.06% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$3.54M |
| 2 |
HB
Horizon Bancorp
Michigan City,
Indiana
|
+$2.55M |
| 3 |
BlackRock
New York
|
+$2.17M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.04M |
| 5 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$8.86M |
| 2 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.95M |
| 3 |
Renaissance Technologies
New York
|
-$2.06M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.03M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$534K |
HBNC Hedge Fund Activity: Q2 2020 in Review
137 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2020, worth a combined $243M — up 13% from $215M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new HBNC positions and 13 closed out — a net gain of 14 holders — while 65 added to existing stakes and 22 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $3.54M. The largest seller was Advisory Research, cutting an estimated $8.86M.
- 137 institutional investors held Horizon Bancorp (HBNC) as of Q2 2020, up from 123 in Q1 2020.
- Funds reported $243M of Horizon Bancorp stock for Q2 2020, up 13% quarter-over-quarter.
- 27 funds opened new Horizon Bancorp positions in Q2 2020 and 13 closed out, a net change of +14 holders.
- The largest Horizon Bancorp buyer in Q2 2020 was Maltese Capital Management, an estimated $3.54M added.
- The largest Horizon Bancorp seller in Q2 2020 was Advisory Research, an estimated $8.86M sold.
Based on aggregated 13F filings for Q2 2020.