International Bancshares
IBOC
137 hedge funds and large institutions have $886M invested in International Bancshares in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more funds holding
Funds holding: 128 → 137 (+9)
4% less capital invested
Capital invested by funds: $923M → $886M (-$37.8M)
13% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 55
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $263K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$14.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$5.91M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.89M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.33M |
| 5 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$31.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.6M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.5M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.38M |
| 5 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.25M |
IBOC Hedge Fund Activity: Q1 2014 in Review
137 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in International Bancshares (IBOC) for Q1 2014, worth a combined $886M — down 4.1% from $923M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IBOC positions and 6 closed out — a net gain of 10 holders — while 48 added to existing stakes and 55 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $14.5M. The largest seller was BlackRock Group, cutting an estimated $31.1M.
- 137 institutional investors held International Bancshares (IBOC) as of Q1 2014, up from 128 in Q4 2013.
- Funds reported $886M of International Bancshares stock for Q1 2014, down 4.1% quarter-over-quarter.
- 16 funds opened new International Bancshares positions in Q1 2014 and 6 closed out, a net change of +10 holders.
- The largest International Bancshares buyer in Q1 2014 was Basswood Capital Management, an estimated $14.5M added.
- The largest International Bancshares seller in Q1 2014 was BlackRock Group, an estimated $31.1M sold.
Based on aggregated 13F filings for Q1 2014.