International Bancshares
IBOC
186 hedge funds and large institutions have $1.76B invested in International Bancshares in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 78 increasing their positions, 60 reducing their positions, and 29 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 60
6.72% more ownership
Funds ownership: 59.52% → 66.24% (+6.7%)
4% more capital invested
Capital invested by funds: $1.69B → $1.76B (+$71.2M)
4% less funds holding
Funds holding: 194 → 186 (-8)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
55% less call options, than puts
Call options by funds: $21K | Put options by funds: $47K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.9M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$10.3M |
| 4 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$7.25M |
| 5 |
Goldman Sachs
New York
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.7M |
| 3 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$10.3M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.12M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
-$6.61M |
IBOC Hedge Fund Activity: Q1 2023 in Review
186 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in International Bancshares (IBOC) for Q1 2023, worth a combined $1.76B — up 4.2% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of IBOC and 23 opened new positions — a net loss of 6 holders — while 60 trimmed existing stakes and 78 added.
The largest buyer was Fidelity Investments, adding an estimated $12.7M. The largest seller was Wellington Management Group, cutting an estimated $16.4M.
- 186 institutional investors held International Bancshares (IBOC) as of Q1 2023, down from 194 in Q4 2022.
- Funds reported $1.76B of International Bancshares stock for Q1 2023, up 4.2% quarter-over-quarter.
- 23 funds opened new International Bancshares positions in Q1 2023 and 29 closed out, a net change of -6 holders.
- The largest International Bancshares buyer in Q1 2023 was Fidelity Investments, an estimated $12.7M added.
- The largest International Bancshares seller in Q1 2023 was Wellington Management Group, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2023.