Horizon Bancorp
HBNC
118 hedge funds and large institutions have $368M invested in Horizon Bancorp in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $335M → $368M (+$33.2M)
2.6% more ownership
Funds ownership: 46.3% → 48.9% (+2.6%)
1% less funds holding
Funds holding: 119 → 118 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RPAM
Rhenman & Partners Asset Management
Stockholm,
Sweden
|
+$17.6M |
| 2 |
Citigroup
New York
|
+$4.89M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$3.31M |
| 4 |
Millennium Management
New York
|
+$2.16M |
| 5 |
BlackRock
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$9.52M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.06M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$779K |
| 4 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$568K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$521K |
HBNC Hedge Fund Activity: Q2 2019 in Review
118 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2019, worth a combined $368M — up 9.9% from $335M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HBNC positions and 9 closed out — a net gain of 2 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Rhenman & Partners Asset Management, opening a new position worth an estimated $17.6M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $9.52M sold.
- 118 institutional investors held Horizon Bancorp (HBNC) as of Q2 2019, down from 119 in Q1 2019.
- Funds reported $368M of Horizon Bancorp stock for Q2 2019, up 9.9% quarter-over-quarter.
- 11 funds opened new Horizon Bancorp positions in Q2 2019 and 9 closed out, a net change of +2 holders.
- The largest Horizon Bancorp buyer in Q2 2019 was Rhenman & Partners Asset Management, an estimated $17.6M added.
- The largest Horizon Bancorp seller in Q2 2019 was Epoch Investment Partners, an estimated $9.52M sold.
Based on aggregated 13F filings for Q2 2019.