Horizon Bancorp
HBNC
145 hedge funds and large institutions have $466M invested in Horizon Bancorp in 2021 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 10 closing their positions.
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more capital invested
Capital invested by funds: $418M → $466M (+$48.8M)
10% more funds holding
Funds holding: 132 → 145 (+13)
2.16% more ownership
Funds ownership: 52.32% → 54.48% (+2.2%)
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
88% less call options, than puts
Call options by funds: $248K | Put options by funds: $2.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$7.13M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.75M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$2.95M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$2.24M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
Oxford Financial Group
Carmel,
Indiana
|
-$7.97M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$3.34M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$3.26M |
| 4 |
Goldman Sachs
New York
|
-$1.59M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
151
HRT Financial
New York
| – | -$238K | -13,139 | Closed |
|
|
DTL
152
Dynamic Technology Lab
Singapore
| – | -$212K | -11,666 | Closed |
|
153
Victory Capital Management
San Antonio,
Texas
| – | -$210K | -11,543 | Closed |
|
|
CI
154
CX Institutional
Auburn,
Indiana
| – | -$91K | -5,000 | Closed |
|
|
OSAM
155
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$3K | -190 | Closed |
|
HBNC Hedge Fund Activity: Q4 2021 in Review
145 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2021, worth a combined $466M — up 12% from $418M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HBNC positions and 10 closed out — a net gain of 15 holders — while 48 added to existing stakes and 44 trimmed.
The largest buyer was State Street, adding an estimated $7.13M. The largest seller was Oxford Financial Group, exiting entirely with an estimated $7.97M sold.
- 145 institutional investors held Horizon Bancorp (HBNC) as of Q4 2021, up from 132 in Q3 2021.
- Funds reported $466M of Horizon Bancorp stock for Q4 2021, up 12% quarter-over-quarter.
- 25 funds opened new Horizon Bancorp positions in Q4 2021 and 10 closed out, a net change of +15 holders.
- The largest Horizon Bancorp buyer in Q4 2021 was State Street, an estimated $7.13M added.
- The largest Horizon Bancorp seller in Q4 2021 was Oxford Financial Group, an estimated $7.97M sold.
Based on aggregated 13F filings for Q4 2021.