Horizon Bancorp
HBNC
150 hedge funds and large institutions have $412M invested in Horizon Bancorp in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 52 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
52% more capital invested
Capital invested by funds: $272M → $412M (+$140M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more funds holding
Funds holding: 138 → 150 (+12)
7.58% more ownership
Funds ownership: 57.7% → 65.28% (+7.6%)
13% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 52
15% less call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.83M |
| 2 |
BlackRock
New York
|
+$2.23M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$2.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.16M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.5M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$1.13M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.06M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$755K |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$716K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$1.06M | -99,300 | Closed |
|
|
N
152
Numerai
San Francisco,
California
| – | -$708K | -66,311 | Closed |
|
|
ECM
153
ExodusPoint Capital Management
New York
| – | -$427K | -40,028 | Closed |
|
154
SG Americas Securities
New York
| – | -$272K | -25,451 | Closed |
|
|
EC
155
Elequin Capital
New York
| – | -$78.1K | -7,315 | Closed |
|
156
EARNEST Partners
Atlanta,
Georgia
| – | -$31.2K | -2,925 | Closed |
|
|
AA
157
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$10K | -938 | Closed |
|
158
Allspring Global Investments
Charlotte,
North Carolina
| – | -$8.47K | -793 | Closed |
|
159
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.86K | -174 | Closed |
|
HBNC Hedge Fund Activity: Q4 2023 in Review
150 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2023, worth a combined $412M — up 52% from $272M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new HBNC positions and 9 closed out — a net gain of 12 holders — while 45 added to existing stakes and 52 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.83M. The largest seller was AQR Capital Management, cutting an estimated $1.5M.
- 150 institutional investors held Horizon Bancorp (HBNC) as of Q4 2023, up from 138 in Q3 2023.
- Funds reported $412M of Horizon Bancorp stock for Q4 2023, up 52% quarter-over-quarter.
- 21 funds opened new Horizon Bancorp positions in Q4 2023 and 9 closed out, a net change of +12 holders.
- The largest Horizon Bancorp buyer in Q4 2023 was Morgan Stanley, an estimated $5.83M added.
- The largest Horizon Bancorp seller in Q4 2023 was AQR Capital Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2023.