Horizon Bancorp
HBNC
78 hedge funds and large institutions have $107M invested in Horizon Bancorp in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
16% more capital invested
Capital invested by funds: $92.2M → $107M (+$14.3M)
11% more funds holding
Funds holding: 70 → 78 (+8)
2.33% less ownership
Funds ownership: 39.92% → 37.6% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11.8M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.05M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$1.52M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$1.44M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.33M |
| 3 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$811K |
| 4 |
DCM
Dean Capital Management
Overland Park,
Kansas
|
-$677K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$489K |
HBNC Hedge Fund Activity: Q3 2015 in Review
78 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2015, worth a combined $107M — up 16% from $92.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HBNC positions and 3 closed out — a net gain of 8 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $11.8M. The largest seller was Dean Investment Associates, cutting an estimated $1.44M.
- 78 institutional investors held Horizon Bancorp (HBNC) as of Q3 2015, up from 70 in Q2 2015.
- Funds reported $107M of Horizon Bancorp stock for Q3 2015, up 16% quarter-over-quarter.
- 11 funds opened new Horizon Bancorp positions in Q3 2015 and 3 closed out, a net change of +8 holders.
- The largest Horizon Bancorp buyer in Q3 2015 was Manulife (Manufacturers Life Insurance), an estimated $11.8M added.
- The largest Horizon Bancorp seller in Q3 2015 was Dean Investment Associates, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2015.