Horizon Bancorp
HBNC
62 hedge funds and large institutions have $64.2M invested in Horizon Bancorp in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 3 closing their positions.
267% more capital inflows, than outflows
Capital inflows: $11.5M | Capital outflows: $3.12M
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
5% more funds holding
Funds holding: 59 → 62 (+3)
4.27% more ownership
Funds ownership: 27.65% → 31.92% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1ST Source Bank
South Bend,
Indiana
|
+$8.5M |
| 2 |
Norris Perne & French
Grand Rapids,
Michigan
|
+$726K |
| 3 |
PL Capital Advisors
Naples,
Florida
|
+$431K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$310K |
| 5 |
General Motors Investment Management
New York
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dean Investment Associates
Beavercreek,
Ohio
|
-$691K |
| 2 |
Blackthorn Investment Group
Overland Park,
Kansas
|
-$324K |
| 3 |
Panagora Asset Management
Boston,
Massachusetts
|
-$294K |
| 4 |
BlackRock Fund Advisors
San Francisco,
California
|
-$292K |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
-$250K |
HBNC Hedge Fund Activity: Q2 2014 in Review
62 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2014, worth a combined $64.2M — up 13% from $56.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HBNC positions and 3 closed out — a net gain of 3 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was 1ST Source Bank, adding an estimated $8.5M. The largest seller was Dean Investment Associates, cutting an estimated $691K.
- 62 institutional investors held Horizon Bancorp (HBNC) as of Q2 2014, up from 59 in Q1 2014.
- Funds reported $64.2M of Horizon Bancorp stock for Q2 2014, up 13% quarter-over-quarter.
- 6 funds opened new Horizon Bancorp positions in Q2 2014 and 3 closed out, a net change of +3 holders.
- The largest Horizon Bancorp buyer in Q2 2014 was 1ST Source Bank, an estimated $8.5M added.
- The largest Horizon Bancorp seller in Q2 2014 was Dean Investment Associates, an estimated $691K sold.
Based on aggregated 13F filings for Q2 2014.