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Horizon Bancorp

65 hedge funds and large institutions have $82.6M invested in Horizon Bancorp in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 22

2% less funds holding

Funds holding: 6665 (-1)

9% less capital invested

Capital invested by funds: $91M → $82.6M (-$8.48M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
65
Holders Change
-1
Holders Change %
-1.52%
% of All Funds
1.73%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
4
Increased
26
Reduced
22
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCA
1
PL Capital Advisors
Florida
$13.4M +$360K +34,686 +3%
1SB
2
1ST Source Bank
Indiana
$7.9M -$1.47M -141,671 -16%
TAM
3
THB Asset Management
Connecticut
$6.78M -$446K -42,948 -6%
BFA
4
BlackRock Fund Advisors
California
$5.93M -$33.9K -3,262 -0.6%
LSV Asset Management
5
LSV Asset Management
Illinois
$4.08M +$556K +53,534 +16%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$3.97M +$152K +14,625 +4%
EVC
7
Eidelman Virant Capital
Missouri
$3.64M -$327K -31,500 -8%
Vanguard Group
8
Vanguard Group
Pennsylvania
$3.52M +$130K +12,506 +4%
State Street
9
State Street
Massachusetts
$2.91M +$92K +8,851 +3%
DIA
10
Dean Investment Associates
Ohio
$2.2M -$437 -42 -0%
Northern Trust
11
Northern Trust
Illinois
$2.06M +$15K +1,440 +0.7%
TCM
12
Tradition Capital Management
New Jersey
$1.95M +$58K +5,580 +3%
BIT
13
BlackRock Institutional Trust
California
$1.88M +$5.71K +549 +0.3%
Renaissance Technologies
14
Renaissance Technologies
New York
$1.74M +$680K +65,470 +64%
Prudential Financial
15
Prudential Financial
New Jersey
$1.69M +$621K +59,706 +58%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$1.4M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.19M +$9.84K +947 +0.8%
BCM
18
Bridgeway Capital Management
Texas
$1.1M
TCIM
19
TIAA CREF Investment Management
New York
$926K -$33.4K -3,211 -3%
JP Morgan Chase
20
JP Morgan Chase
New York
$913K -$186K -17,887 -17%
BFC
21
Banc Funds Company
Illinois
$882K +$882K +84,827 New
DCM
22
Dean Capital Management
Kansas
$806K -$14.7K -1,417 -2%
Morgan Stanley
23
Morgan Stanley
New York
$759K +$234K +22,525 +45%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$757K +$104K +9,967 +16%
BIM
25
BlackRock Investment Management
Delaware
$718K +$2.25K +216 +0.3%

HBNC Hedge Fund Activity: Q1 2015 in Review

65 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2015, worth a combined $82.6M — down 9.3% from $91M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HBNC and 4 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 26 added.

The largest buyer was Banc Funds Company, opening a new position worth an estimated $882K. The largest seller was 1ST Source Bank, cutting an estimated $1.47M.

  • 65 institutional investors held Horizon Bancorp (HBNC) as of Q1 2015, down from 66 in Q4 2014.
  • Funds reported $82.6M of Horizon Bancorp stock for Q1 2015, down 9.3% quarter-over-quarter.
  • 4 funds opened new Horizon Bancorp positions in Q1 2015 and 5 closed out, a net change of -1 holder.
  • The largest Horizon Bancorp buyer in Q1 2015 was Banc Funds Company, an estimated $882K added.
  • The largest Horizon Bancorp seller in Q1 2015 was 1ST Source Bank, an estimated $1.47M sold.

Based on aggregated 13F filings for Q1 2015.