Horizon Bancorp
HBNC
149 hedge funds and large institutions have $282M invested in Horizon Bancorp in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 23 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
0.42% more ownership
Funds ownership: 58.18% → 58.6% (+0.42%)
0% more call options, than puts
Call options by funds: $2.22M | Put options by funds: $2.21M
1% less funds holding
Funds holding: 150 → 149 (-1)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
18% less capital invested
Capital invested by funds: $346M → $282M (-$63.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.13M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.91M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.79M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$11.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.26M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.09M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$1.89M |
| 5 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$1.73M |
HBNC Hedge Fund Activity: Q1 2023 in Review
149 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2023, worth a combined $282M — down 18% from $346M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of HBNC and 22 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 57 added.
The largest buyer was BlackRock, adding an estimated $9.13M. The largest seller was Janus Henderson Group, cutting an estimated $11.5M.
- 149 institutional investors held Horizon Bancorp (HBNC) as of Q1 2023, down from 150 in Q4 2022.
- Funds reported $282M of Horizon Bancorp stock for Q1 2023, down 18% quarter-over-quarter.
- 22 funds opened new Horizon Bancorp positions in Q1 2023 and 23 closed out, a net change of -1 holder.
- The largest Horizon Bancorp buyer in Q1 2023 was BlackRock, an estimated $9.13M added.
- The largest Horizon Bancorp seller in Q1 2023 was Janus Henderson Group, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2023.