Horizon Bancorp
HBNC
123 hedge funds and large institutions have $215M invested in Horizon Bancorp in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 18 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.47% less ownership
Funds ownership: 49.18% → 48.71% (-0.47%)
2% less funds holding
Funds holding: 126 → 123 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
48% less capital invested
Capital invested by funds: $417M → $215M (-$202M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$5.59M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.74M |
| 3 |
BlackRock
New York
|
+$1.46M |
| 4 |
Millennium Management
New York
|
+$1.11M |
| 5 |
Renaissance Technologies
New York
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.29M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$2.97M |
| 3 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$1.57M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.33M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.29M |
HBNC Hedge Fund Activity: Q1 2020 in Review
123 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2020, worth a combined $215M — down 48% from $417M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of HBNC and 16 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $5.59M. The largest seller was Wellington Management Group, cutting an estimated $9.29M.
- 123 institutional investors held Horizon Bancorp (HBNC) as of Q1 2020, down from 126 in Q4 2019.
- Funds reported $215M of Horizon Bancorp stock for Q1 2020, down 48% quarter-over-quarter.
- 16 funds opened new Horizon Bancorp positions in Q1 2020 and 18 closed out, a net change of -2 holders.
- The largest Horizon Bancorp buyer in Q1 2020 was Maltese Capital Management, an estimated $5.59M added.
- The largest Horizon Bancorp seller in Q1 2020 was Wellington Management Group, an estimated $9.29M sold.
Based on aggregated 13F filings for Q1 2020.