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Horizon Bancorp

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, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

31% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 32

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

10% more capital invested

Capital invested by funds: $334M → $368M (+$33.7M)

2.68% more ownership

Funds ownership: 46.22%48.9% (+2.7%)

1% less funds holding

Funds holding: 119118 (-1)

Holders
118
Holders Change
-1
Holders Change %
-0.84%
% of All Funds
2.56%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
11
Increased
42
Reduced
32
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$37.7M +$1.61M +99,403 +4%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$30.6M +$1.41M +87,330 +5%
AR
3
Advisory Research
Illinois
$29.8M -$290K -17,954 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$28.4M -$521K -32,205 -2%
RPAM
5
Rhenman & Partners Asset Management
Sweden
$26.2M +$17.6M +1,087,656 New
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.8M -$2.06M -127,401 -8%
PCA
7
PL Capital Advisors
Florida
$21.8M
Renaissance Technologies
8
Renaissance Technologies
New York
$18M +$1.08M +66,595 +6%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$17.6M -$286K -17,658 -2%
State Street
10
State Street
Massachusetts
$13.3M +$268K +16,547 +2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$9.14M +$531K +32,811 +6%
Northern Trust
12
Northern Trust
Illinois
$7.72M +$318K +19,688 +4%
Comerica Bank
13
Comerica Bank
Texas
$7.68M
JAM
14
Jacobs Asset Management
New York
$7.01M -$779K -48,145 -10%
Citigroup
15
Citigroup
New York
$5.14M +$4.89M +302,548 +2,564%
Natixis Advisors
16
Natixis Advisors
Massachusetts
$4.76M +$461K +28,499 +11%
FP
17
Foundry Partners
Minnesota
$4.69M -$40K -2,475 -0.9%
PRCP
18
Pacific Ridge Capital Partners
Oregon
$4.34M +$14.9K +924 +0.3%
LSV Asset Management
19
LSV Asset Management
Illinois
$3.83M -$48.9K -3,025 -1%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$3.77M +$33.2K +2,055 +0.9%
Charles Schwab
21
Charles Schwab
California
$3.54M +$118K +7,265 +3%
N
22
Nuveen
North Carolina
$3.34M +$3.31M +204,588 New
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$3.07M
Hotchkis & Wiley Capital Management
24
Hotchkis & Wiley Capital Management
California
$2.83M +$1.47M +91,160 +111%
TAM
25
Tradition Asset Management
Virginia
$2.51M +$2.48M +153,585 New

HBNC Hedge Fund Activity: Q2 2019 in Review

118 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2019, worth a combined $368M — up 10% from $334M 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 32 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 10% 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.