International Bancshares
IBOC
133 hedge funds and large institutions have $980M invested in International Bancshares in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 11 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
11% more capital invested
Capital invested by funds: $886M → $980M (+$94.2M)
3% less funds holding
Funds holding: 137 → 133 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $257K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$12.1M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$10.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$7.95M |
| 4 |
WM
WS Management
Jacksonville,
Florida
|
+$7.42M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$16.3M |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$6.35M |
| 3 |
Millennium Management
New York
|
-$3.91M |
| 4 |
Morgan Stanley
New York
|
-$3.9M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.33M |
IBOC Hedge Fund Activity: Q2 2014 in Review
133 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in International Bancshares (IBOC) for Q2 2014, worth a combined $980M — up 11% from $886M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IBOC and 8 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 54 added.
The largest buyer was Norges Bank, adding an estimated $12.1M. The largest seller was Argentus Capital Management, exiting entirely with an estimated $16.3M sold.
- 133 institutional investors held International Bancshares (IBOC) as of Q2 2014, down from 137 in Q1 2014.
- Funds reported $980M of International Bancshares stock for Q2 2014, up 11% quarter-over-quarter.
- 8 funds opened new International Bancshares positions in Q2 2014 and 11 closed out, a net change of -3 holders.
- The largest International Bancshares buyer in Q2 2014 was Norges Bank, an estimated $12.1M added.
- The largest International Bancshares seller in Q2 2014 was Argentus Capital Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2014.