Horizon Bancorp
HBNC
139 hedge funds and large institutions have $266M invested in Horizon Bancorp in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 27 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 44
3% more call options, than puts
Call options by funds: $2.15M | Put options by funds: $2.08M
0.61% less ownership
Funds ownership: 58.6% → 57.99% (-0.61%)
6% less capital invested
Capital invested by funds: $282M → $266M (-$16.4M)
7% less funds holding
Funds holding: 149 → 139 (-10)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.7M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.67M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.31M |
| 4 |
Goldman Sachs
New York
|
+$1.86M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$11.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.32M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$4.1M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.89M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAM
151
Innovis Asset Management
Chicago,
Illinois
| – | -$301K | -27,171 | Closed |
|
|
E
152
Ergoteles
New York
| – | -$294K | -26,600 | Closed |
|
|
CWA
153
CM Wealth Advisors
Beachwood,
Ohio
| – | -$178K | -17,366 | Closed |
|
|
PTC
154
Petrus Trust Company
Dallas,
Texas
| – | -$181K | -16,358 | Closed |
|
|
CANY
155
Caxton Associates (New York)
New York
| – | -$157K | -14,166 | Closed |
|
156
Verition Fund Management
Greenwich,
Connecticut
| – | -$153K | -13,858 | Closed |
|
|
CCIA
157
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$148K | -13,390 | Closed |
|
|
QT
158
Quantbot Technologies
New York
| – | -$83.5K | -7,547 | Closed |
|
|
CSPAM
159
Cary Street Partners Asset Management
Richmond,
Virginia
| – | -$29.3K | -2,650 | Closed |
|
160
Lazard Asset Management
New York
| – | -$23K | -2,145 | Closed |
|
|
BAM
161
Belpointe Asset Management
Reno,
Nevada
| – | -$18K | -1,629 | Closed |
|
162
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -217 | Closed |
|
|
AF
163
Allworth Financial
Folsom,
California
| – | -$587 | -53 | Closed |
|
HBNC Hedge Fund Activity: Q2 2023 in Review
139 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2023, worth a combined $266M — down 5.8% from $282M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of HBNC and 19 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 49 added.
The largest buyer was BlackRock, adding an estimated $11.7M. The largest seller was Janus Henderson Group, cutting an estimated $11.9M.
- 139 institutional investors held Horizon Bancorp (HBNC) as of Q2 2023, down from 149 in Q1 2023.
- Funds reported $266M of Horizon Bancorp stock for Q2 2023, down 5.8% quarter-over-quarter.
- 19 funds opened new Horizon Bancorp positions in Q2 2023 and 27 closed out, a net change of -8 holders.
- The largest Horizon Bancorp buyer in Q2 2023 was BlackRock, an estimated $11.7M added.
- The largest Horizon Bancorp seller in Q2 2023 was Janus Henderson Group, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2023.