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Horizon Bancorp

59 hedge funds and large institutions have $56.5M invested in Horizon Bancorp in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 26 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less funds holding

Funds holding: 6359 (-4)

11% less capital invested

Capital invested by funds: $63.4M → $56.5M (-$6.97M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

38% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 26

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
59
Holders Change
-4
Holders Change %
-6.35%
% of All Funds
1.7%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
3
Increased
16
Reduced
26
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCA
1
PL Capital Advisors
Florida
$12M +$1.6M +161,190 +15%
BFA
2
BlackRock Fund Advisors
California
$5.53M +$60K +6,044 +1%
EVC
3
Eidelman Virant Capital
Missouri
$4.32M
Vanguard Group
4
Vanguard Group
Pennsylvania
$3M +$50.4K +5,080 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$2.86M +$63.8K +6,431 +2%
DIA
6
Dean Investment Associates
Ohio
$2.61M -$364K -36,709 -12%
State Street
7
State Street
Massachusetts
$2.44M +$103K +10,398 +4%
Northern Trust
8
Northern Trust
Illinois
$2.31M -$209K -21,121 -8%
LSV Asset Management
9
LSV Asset Management
Illinois
$2.19M -$96.5K -9,727 -4%
BIT
10
BlackRock Institutional Trust
California
$1.93M -$28.3K -2,855 -1%
JP Morgan Chase
11
JP Morgan Chase
New York
$1.13M -$61K -6,154 -5%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$1.11M +$558K +56,250 +100%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$1.02M -$30.4K -3,065 -3%
NI
14
Numeric Investors
Massachusetts
$983K
Renaissance Technologies
15
Renaissance Technologies
New York
$922K -$400K -40,284 -30%
TCIM
16
TIAA CREF Investment Management
New York
$881K
BIM
17
BlackRock Investment Management
Delaware
$671K +$13K +1,308 +2%
MAM
18
Martingale Asset Management
Massachusetts
$664K -$2.23K -225 -0.3%
BCM
19
Bridgeway Capital Management
Texas
$624K
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$610K
Wells Fargo
21
Wells Fargo
California
$541K -$20.1K -2,027 -4%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$541K +$68.8K +6,941 +15%
PAM
23
Panagora Asset Management
Massachusetts
$497K
NFA
24
Nationwide Fund Advisors
Ohio
$444K -$8.93K -900 -2%
Federated Hermes
25
Federated Hermes
Pennsylvania
$440K +$7.32K +738 +2%

HBNC Hedge Fund Activity: Q1 2014 in Review

59 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2014, worth a combined $56.5M — down 11% from $63.4M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of HBNC and 3 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 16 added.

The largest buyer was PL Capital Advisors, adding an estimated $1.6M. The largest seller was Renaissance Technologies, cutting an estimated $400K.

  • 59 institutional investors held Horizon Bancorp (HBNC) as of Q1 2014, down from 63 in Q4 2013.
  • Funds reported $56.5M of Horizon Bancorp stock for Q1 2014, down 11% quarter-over-quarter.
  • 3 funds opened new Horizon Bancorp positions in Q1 2014 and 7 closed out, a net change of -4 holders.
  • The largest Horizon Bancorp buyer in Q1 2014 was PL Capital Advisors, an estimated $1.6M added.
  • The largest Horizon Bancorp seller in Q1 2014 was Renaissance Technologies, an estimated $400K sold.

Based on aggregated 13F filings for Q1 2014.