Horizon Bancorp
HBNC
98 hedge funds and large institutions have $267M invested in Horizon Bancorp in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
64.5% more ownership
Funds ownership: 0% → 64.5% (+65%)
48% more capital invested
Capital invested by funds: $180M → $267M (+$86.6M)
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
10% more funds holding
Funds holding: 89 → 98 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.23M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.12M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.68M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.52M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$4.21M |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$3.56M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$2.34M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$1.97M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.19M |
HBNC Hedge Fund Activity: Q4 2016 in Review
98 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2016, worth a combined $267M — up 48% from $180M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HBNC positions and 12 closed out — a net gain of 11 holders — while 34 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $2.23M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $4.21M sold.
- 98 institutional investors held Horizon Bancorp (HBNC) as of Q4 2016, up from 89 in Q3 2016.
- Funds reported $267M of Horizon Bancorp stock for Q4 2016, up 48% quarter-over-quarter.
- 23 funds opened new Horizon Bancorp positions in Q4 2016 and 12 closed out, a net change of +11 holders.
- The largest Horizon Bancorp buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $2.23M added.
- The largest Horizon Bancorp seller in Q4 2016 was Basswood Capital Management, an estimated $4.21M sold.
Based on aggregated 13F filings for Q4 2016.