Horizon Bancorp
HBNC
156 hedge funds and large institutions have $366M invested in Horizon Bancorp in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 57 reducing their positions, and 13 closing their positions.
71,450% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $2K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
4% more funds holding
Funds holding: 150 → 156 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.55% less ownership
Funds ownership: 65.28% → 64.73% (-0.55%)
11% less capital invested
Capital invested by funds: $412M → $366M (-$45.8M)
16% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$5.26M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.37M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$1.32M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$923K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.87M |
| 2 |
BlackRock
New York
|
-$2.91M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.69M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.61M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$946K |
HBNC Hedge Fund Activity: Q1 2024 in Review
156 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2024, worth a combined $366M — down 11% from $412M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HBNC positions and 13 closed out — a net gain of 6 holders — while 48 added to existing stakes and 57 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $5.26M. The largest seller was Morgan Stanley, cutting an estimated $5.87M.
- 156 institutional investors held Horizon Bancorp (HBNC) as of Q1 2024, up from 150 in Q4 2023.
- Funds reported $366M of Horizon Bancorp stock for Q1 2024, down 11% quarter-over-quarter.
- 19 funds opened new Horizon Bancorp positions in Q1 2024 and 13 closed out, a net change of +6 holders.
- The largest Horizon Bancorp buyer in Q1 2024 was Maltese Capital Management, an estimated $5.26M added.
- The largest Horizon Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $5.87M sold.
Based on aggregated 13F filings for Q1 2024.