Horizon Bancorp
HBNC
67 hedge funds and large institutions have $74.5M invested in Horizon Bancorp in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more capital invested
Capital invested by funds: $64.2M → $74.5M (+$10.3M)
8% more funds holding
Funds holding: 62 → 67 (+5)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.95M |
| 2 |
TCM
Tradition Capital Management
Summit,
New Jersey
|
+$1.51M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$462K |
| 4 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
+$425K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$323K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$280K |
| 3 |
Axa
Paris,
France
|
-$262K |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$223K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$186K |
HBNC Hedge Fund Activity: Q3 2014 in Review
67 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2014, worth a combined $74.5M — up 16% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HBNC positions and 3 closed out — a net gain of 5 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was THB Asset Management, opening a new position worth an estimated $3.95M. The largest seller was Norris Perne & French, cutting an estimated $323K.
- 67 institutional investors held Horizon Bancorp (HBNC) as of Q3 2014, up from 62 in Q2 2014.
- Funds reported $74.5M of Horizon Bancorp stock for Q3 2014, up 16% quarter-over-quarter.
- 8 funds opened new Horizon Bancorp positions in Q3 2014 and 3 closed out, a net change of +5 holders.
- The largest Horizon Bancorp buyer in Q3 2014 was THB Asset Management, an estimated $3.95M added.
- The largest Horizon Bancorp seller in Q3 2014 was Norris Perne & French, an estimated $323K sold.
Based on aggregated 13F filings for Q3 2014.