Horizon Bancorp
HBNC
149 hedge funds and large institutions have $347M invested in Horizon Bancorp in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 23 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
2% more call options, than puts
Call options by funds: $2.75M | Put options by funds: $2.69M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
3% less funds holding
Funds holding: 154 → 149 (-5)
4.12% less ownership
Funds ownership: 56.64% → 52.52% (-4.1%)
22% less capital invested
Capital invested by funds: $442M → $347M (-$95.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$9.66M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.46M |
| 3 |
BlackRock
New York
|
+$3.77M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$2.07M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$5.59M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.65M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.28M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$3.59M |
| 5 |
Millennium Management
New York
|
-$1.78M |
HBNC Hedge Fund Activity: Q4 2022 in Review
149 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q4 2022, worth a combined $347M — down 22% from $442M a quarter earlier.
Fund positioning in HBNC was balanced in Q4 2022: 23 funds opened new positions, 23 closed out, 51 added to existing stakes and 48 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $9.66M. The largest seller was PL Capital Advisors, cutting an estimated $5.59M.
- 149 institutional investors held Horizon Bancorp (HBNC) as of Q4 2022, down from 154 in Q3 2022.
- Funds reported $347M of Horizon Bancorp stock for Q4 2022, down 22% quarter-over-quarter.
- 23 funds opened new Horizon Bancorp positions in Q4 2022 and 23 closed out, a net change of 0 holders.
- The largest Horizon Bancorp buyer in Q4 2022 was FJ Capital Management, an estimated $9.66M added.
- The largest Horizon Bancorp seller in Q4 2022 was PL Capital Advisors, an estimated $5.59M sold.
Based on aggregated 13F filings for Q4 2022.