Heritage Financial
HFWA
93 hedge funds and large institutions have $311M invested in Heritage Financial in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
3% less capital invested
Capital invested by funds: $321M → $311M (-$9.63M)
6% less funds holding
Funds holding: 99 → 93 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$4.62M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$2.18M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$1.84M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$1.56M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.94M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.92M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$1.6M |
| 4 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
-$1.44M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
101
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$41K | -2,575 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -720 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -203 | Closed |
|
|
GSC
104
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$3K | -160 | Closed |
|
HFWA Hedge Fund Activity: Q3 2014 in Review
93 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Heritage Financial (HFWA) for Q3 2014, worth a combined $311M — down 3% from $321M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HFWA and 6 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 42 added.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $4.62M. The largest seller was Goldman Sachs, cutting an estimated $1.94M.
- 93 institutional investors held Heritage Financial (HFWA) as of Q3 2014, down from 99 in Q2 2014.
- Funds reported $311M of Heritage Financial stock for Q3 2014, down 3% quarter-over-quarter.
- 6 funds opened new Heritage Financial positions in Q3 2014 and 11 closed out, a net change of -5 holders.
- The largest Heritage Financial buyer in Q3 2014 was Elizabeth Park Capital Advisors, an estimated $4.62M added.
- The largest Heritage Financial seller in Q3 2014 was Goldman Sachs, an estimated $1.94M sold.
Based on aggregated 13F filings for Q3 2014.