Horizon Bancorp
HBNC
114 hedge funds and large institutions have $348M invested in Horizon Bancorp in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
15% more funds holding
Funds holding: 99 → 114 (+15)
5% more capital invested
Capital invested by funds: $332M → $348M (+$15.6M)
0.24% more ownership
Funds ownership: 48.82% → 49.06% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$9.76M |
| 2 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
+$5.52M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$4.96M |
| 4 |
BlackRock
New York
|
+$4.45M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.68M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.1M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.87M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$762K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$565K |
HBNC Hedge Fund Activity: Q4 2017 in Review
114 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2017, worth a combined $348M — up 4.7% from $332M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HBNC positions and 8 closed out — a net gain of 15 holders — while 42 added to existing stakes and 28 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $9.76M. The largest seller was Banc Funds Company, exiting entirely with an estimated $3.68M sold.
- 114 institutional investors held Horizon Bancorp (HBNC) as of Q4 2017, up from 99 in Q3 2017.
- Funds reported $348M of Horizon Bancorp stock for Q4 2017, up 4.7% quarter-over-quarter.
- 23 funds opened new Horizon Bancorp positions in Q4 2017 and 8 closed out, a net change of +15 holders.
- The largest Horizon Bancorp buyer in Q4 2017 was Epoch Investment Partners, an estimated $9.76M added.
- The largest Horizon Bancorp seller in Q4 2017 was Banc Funds Company, an estimated $3.68M sold.
Based on aggregated 13F filings for Q4 2017.