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Horizon Bancorp

83 hedge funds and large institutions have $126M invested in Horizon Bancorp in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

18% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 28

2% more funds holding

Funds holding: 8183 (+2)

4% more capital invested

Capital invested by funds: $121M → $126M (+$4.96M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
83
Holders Change
+2
Holders Change %
+2.47%
% of All Funds
2.21%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
33
Reduced
28
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCA
1
PL Capital Advisors
Florida
$14.2M
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.8M +$16.4K +1,485 +0.1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$10.1M +$6.99M +630,576 +215%
BFA
4
BlackRock Fund Advisors
California
$7.21M -$86.7K -7,825 -1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$6.76M +$644K +58,147 +10%
Vanguard Group
6
Vanguard Group
Pennsylvania
$6.66M +$892K +80,487 +15%
BFC
7
Banc Funds Company
Illinois
$5.54M
1SB
8
1ST Source Bank
Indiana
$5.35M
BCM
9
Basswood Capital Management
New York
$4.03M +$2.01M +181,798 +98%
LSV Asset Management
10
LSV Asset Management
Illinois
$3.99M -$359K -32,400 -8%
EVC
11
Eidelman Virant Capital
Missouri
$3.67M -$118K -10,688 -3%
State Street
12
State Street
Massachusetts
$3.54M +$246K +22,203 +7%
Renaissance Technologies
13
Renaissance Technologies
New York
$3.46M +$73.4K +6,629 +2%
FP
14
Foundry Partners
Minnesota
$2.86M -$292K -26,382 -9%
BIT
15
BlackRock Institutional Trust
California
$2.7M +$71.4K +6,449 +3%
Northern Trust
16
Northern Trust
Illinois
$2.58M +$29K +2,616 +1%
PRCP
17
Pacific Ridge Capital Partners
Oregon
$2.29M +$732K +66,082 +46%
TCM
18
Tradition Capital Management
New Jersey
$1.98M -$244K -22,061 -11%
TAM
19
THB Asset Management
Connecticut
$1.88M -$321K -28,982 -14%
Prudential Financial
20
Prudential Financial
New Jersey
$1.58M -$172K -15,525 -10%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$1.48M
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.21M +$41K +3,697 +3%
AMI
23
Amica Mutual Insurance
Rhode Island
$1.11M +$989K +89,256 +734%
BIM
24
BlackRock Investment Management
Delaware
$1.09M +$26.9K +2,430 +3%
TC
25
TFS Capital
Pennsylvania
$1.05M -$72.6K -6,552 -6%

HBNC Hedge Fund Activity: Q1 2016 in Review

83 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2016, worth a combined $126M — up 4.1% from $121M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new HBNC positions and 9 closed out — a net gain of 2 holders — while 33 added to existing stakes and 28 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $6.99M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.82M sold.

  • 83 institutional investors held Horizon Bancorp (HBNC) as of Q1 2016, up from 81 in Q4 2015.
  • Funds reported $126M of Horizon Bancorp stock for Q1 2016, up 4.1% quarter-over-quarter.
  • 11 funds opened new Horizon Bancorp positions in Q1 2016 and 9 closed out, a net change of +2 holders.
  • The largest Horizon Bancorp buyer in Q1 2016 was Wellington Management Group, an estimated $6.99M added.
  • The largest Horizon Bancorp seller in Q1 2016 was Maltese Capital Management, an estimated $1.82M sold.

Based on aggregated 13F filings for Q1 2016.