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Horizon Bancorp

89 hedge funds and large institutions have $180M invested in Horizon Bancorp in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

124% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 17

35% more capital invested

Capital invested by funds: $134M → $180M (+$46.3M)

9% more funds holding

Funds holding: 8289 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
89
Holders Change
+7
Holders Change %
+8.54%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
38
Reduced
17
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$19M +$5.83M +475,369 +48%
PCA
2
PL Capital Advisors
Florida
$17.4M +$556K +45,383 +4%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.4M +$1.24M +100,980 +9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$14.5M +$5.96M +486,597 +78%
BFA
5
BlackRock Fund Advisors
California
$10.8M +$2.12M +173,119 +26%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$8.91M +$47.9K +3,910 +0.6%
BFC
7
Banc Funds Company
Illinois
$6.55M +$130K +10,608 +2%
Renaissance Technologies
8
Renaissance Technologies
New York
$5.56M +$854K +69,671 +20%
JAM
9
Jacobs Asset Management
New York
$5.09M +$2.64M +215,161 +123%
State Street
10
State Street
Massachusetts
$4.82M +$516K +42,071 +13%
LSV Asset Management
11
LSV Asset Management
Illinois
$4.68M -$38K -3,105 -0.9%
EVC
12
Eidelman Virant Capital
Missouri
$4.36M -$10.8K -878 -0.3%
BCM
13
Basswood Capital Management
New York
$4.21M
Northern Trust
14
Northern Trust
Illinois
$4.19M +$786K +64,168 +25%
BIT
15
BlackRock Institutional Trust
California
$4.04M +$650K +53,049 +21%
FP
16
Foundry Partners
Minnesota
$3.45M +$38.6K +3,150 +1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$2.74M +$811K +66,177 +46%
PRCP
18
Pacific Ridge Capital Partners
Oregon
$2.7M -$101K -8,246 -4%
AMI
19
Amica Mutual Insurance
Rhode Island
$2.34M
BF
20
BOK Financial
Oklahoma
$2.34M +$2.2M +179,147 New
Prudential Financial
21
Prudential Financial
New Jersey
$2.28M +$251K +20,498 +13%
TCM
22
Tradition Capital Management
New Jersey
$2M -$281K -22,954 -13%
Deutsche Bank
23
Deutsche Bank
Germany
$1.86M +$429K +34,997 +33%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$1.76M
APFBOT
25
Amica Pension Fund Board of Trustees
Rhode Island
$1.7M

HBNC Hedge Fund Activity: Q3 2016 in Review

89 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2016, worth a combined $180M — up 35% from $134M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new HBNC positions and 4 closed out — a net gain of 7 holders — while 38 added to existing stakes and 17 trimmed.

The largest buyer was Vanguard Group, adding an estimated $5.96M. The largest seller was 1ST Source Bank, cutting an estimated $4.22M.

  • 89 institutional investors held Horizon Bancorp (HBNC) as of Q3 2016, up from 82 in Q2 2016.
  • Funds reported $180M of Horizon Bancorp stock for Q3 2016, up 35% quarter-over-quarter.
  • 11 funds opened new Horizon Bancorp positions in Q3 2016 and 4 closed out, a net change of +7 holders.
  • The largest Horizon Bancorp buyer in Q3 2016 was Vanguard Group, an estimated $5.96M added.
  • The largest Horizon Bancorp seller in Q3 2016 was 1ST Source Bank, an estimated $4.22M sold.

Based on aggregated 13F filings for Q3 2016.