Horizon Bancorp
HBNC
122 hedge funds and large institutions have $372M invested in Horizon Bancorp in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
3% more funds holding
Funds holding: 118 → 122 (+4)
1% more capital invested
Capital invested by funds: $368M → $372M (+$3.61M)
1.43% less ownership
Funds ownership: 48.9% → 47.47% (-1.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.81M |
| 2 |
Goldman Sachs
New York
|
+$2.09M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.77M |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$1.37M |
| 5 |
Renaissance Technologies
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RPAM
Rhenman & Partners Asset Management
Stockholm,
Sweden
|
-$26.2M |
| 2 |
Citigroup
New York
|
-$5.02M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.48M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.37M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$741K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$95K | -5,816 | Closed |
|
|
OIA
127
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$40K | -2,420 | Closed |
|
|
AG
128
Advisor Group
Phoenix,
Arizona
| – | -$30K | -1,864 | Closed |
|
|
AIC
129
Archer Investment Corporation
Carmel,
Indiana
| – | -$16K | -1,000 | Closed |
|
|
PCP
130
Proficio Capital Partners
Newton,
Massachusetts
| – | -$6K | -339 | Closed |
|
HBNC Hedge Fund Activity: Q3 2019 in Review
122 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2019, worth a combined $372M — up 0.98% from $368M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HBNC positions and 8 closed out — a net gain of 4 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock, adding an estimated $3.81M. The largest seller was Rhenman & Partners Asset Management, exiting entirely with an estimated $26.2M sold.
- 122 institutional investors held Horizon Bancorp (HBNC) as of Q3 2019, up from 118 in Q2 2019.
- Funds reported $372M of Horizon Bancorp stock for Q3 2019, up 0.98% quarter-over-quarter.
- 12 funds opened new Horizon Bancorp positions in Q3 2019 and 8 closed out, a net change of +4 holders.
- The largest Horizon Bancorp buyer in Q3 2019 was BlackRock, an estimated $3.81M added.
- The largest Horizon Bancorp seller in Q3 2019 was Rhenman & Partners Asset Management, an estimated $26.2M sold.
Based on aggregated 13F filings for Q3 2019.