Horizon Bancorp
HBNC
66 hedge funds and large institutions have $91.7M invested in Horizon Bancorp in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 16
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
23% more capital invested
Capital invested by funds: $74.7M → $91.7M (+$17M)
2.89% more ownership
Funds ownership: 35.19% → 38.08% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 67 → 66 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.22M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$922K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$835K |
| 4 |
DCM
Dean Capital Management
Overland Park,
Kansas
|
+$749K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$435K |
| 2 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$398K |
| 3 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$184K |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$141K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$128K |
HBNC Hedge Fund Activity: Q4 2014 in Review
66 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2014, worth a combined $91.7M — up 23% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HBNC positions and 3 closed out — a net gain of 1 holder — while 28 added to existing stakes and 16 trimmed.
The largest buyer was THB Asset Management, adding an estimated $3.22M. The largest seller was Eidelman Virant Capital, cutting an estimated $435K.
- 66 institutional investors held Horizon Bancorp (HBNC) as of Q4 2014, down from 67 in Q3 2014.
- Funds reported $91.7M of Horizon Bancorp stock for Q4 2014, up 23% quarter-over-quarter.
- 4 funds opened new Horizon Bancorp positions in Q4 2014 and 3 closed out, a net change of +1 holder.
- The largest Horizon Bancorp buyer in Q4 2014 was THB Asset Management, an estimated $3.22M added.
- The largest Horizon Bancorp seller in Q4 2014 was Eidelman Virant Capital, an estimated $435K sold.
Based on aggregated 13F filings for Q4 2014.