Horizon Bancorp
HBNC
99 hedge funds and large institutions have $332M invested in Horizon Bancorp in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 40 increasing their positions, 21 reducing their positions, and 5 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 21
20% more capital invested
Capital invested by funds: $278M → $332M (+$54.3M)
2% more ownership
Funds ownership: 71.23% → 73.23% (+2%)
0% more funds holding
Funds holding: 99 → 99 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$12.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.62M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$3.52M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$2.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$4.84M |
| 2 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$3.3M |
| 3 |
Millennium Management
New York
|
-$1.23M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.19M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Fidelity Investments
Boston,
Massachusetts
| – | -$1.19M | -67,502 | Closed |
|
|
MWNA
102
Marshall Wace North America
New York
| – | -$711K | -41,021 | Closed |
|
|
TI
103
Trexquant Investment
Stamford,
Connecticut
| – | -$215K | -12,237 | Closed |
|
|
AIM
104
Acrospire Investment Management
Chicago,
Illinois
| – | -$23K | -1,319 | Closed |
|
HBNC Hedge Fund Activity: Q3 2017 in Review
99 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2017, worth a combined $332M — up 20% from $278M a quarter earlier.
Fund positioning in HBNC was balanced in Q3 2017: 5 funds opened new positions, 5 closed out, 40 added to existing stakes and 21 trimmed.
The largest buyer was Advisory Research, adding an estimated $12.1M. The largest seller was Banc Funds Company, cutting an estimated $4.84M.
- 99 institutional investors held Horizon Bancorp (HBNC) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $332M of Horizon Bancorp stock for Q3 2017, up 20% quarter-over-quarter.
- 5 funds opened new Horizon Bancorp positions in Q3 2017 and 5 closed out, a net change of 0 holders.
- The largest Horizon Bancorp buyer in Q3 2017 was Advisory Research, an estimated $12.1M added.
- The largest Horizon Bancorp seller in Q3 2017 was Banc Funds Company, an estimated $4.84M sold.
Based on aggregated 13F filings for Q3 2017.