Horizon Bancorp
HBNC
138 hedge funds and large institutions have $272M invested in Horizon Bancorp in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 64 increasing their positions, 36 reducing their positions, and 10 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 36
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more capital invested
Capital invested by funds: $266M → $272M (+$5.37M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.29% less ownership
Funds ownership: 57.99% → 57.7% (-0.29%)
1% less funds holding
Funds holding: 139 → 138 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.62M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.06M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$752K |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$623K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$556K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$2.58M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.72M |
| 3 |
N
Numerai
San Francisco,
California
|
-$870K |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$643K |
| 5 |
Renaissance Technologies
New York
|
-$634K |
HBNC Hedge Fund Activity: Q3 2023 in Review
138 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2023, worth a combined $272M — up 2% from $266M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HBNC positions and 10 closed out — a net gain of 1 holder — while 64 added to existing stakes and 36 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $2.62M. The largest seller was State Street, cutting an estimated $2.58M.
- 138 institutional investors held Horizon Bancorp (HBNC) as of Q3 2023, down from 139 in Q2 2023.
- Funds reported $272M of Horizon Bancorp stock for Q3 2023, up 2% quarter-over-quarter.
- 11 funds opened new Horizon Bancorp positions in Q3 2023 and 10 closed out, a net change of +1 holder.
- The largest Horizon Bancorp buyer in Q3 2023 was Hotchkis & Wiley Capital Management, an estimated $2.62M added.
- The largest Horizon Bancorp seller in Q3 2023 was State Street, an estimated $2.58M sold.
Based on aggregated 13F filings for Q3 2023.