Nicolet Bankshares
93 hedge funds and large institutions have $219M invested in Nicolet Bankshares in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 41 increasing their positions, 24 reducing their positions, and 14 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 38.59% → 38.28% (-0.3%)
9% less funds holding
Funds holding: 102 → 93 (-9)
26% less capital invested
Capital invested by funds: $297M → $219M (-$78.7M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$2.35M |
| 2 |
BlackRock
New York
|
+$2.13M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.07M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$640K |
| 5 |
NB
Nicolet Bankshares
Green Bay,
Wisconsin
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.15M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.14M |
| 3 |
Renaissance Technologies
New York
|
-$834K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$746K |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$681K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Principal Financial Group
Des Moines,
Iowa
| – | -$258K | -3,490 | Closed |
|
|
CIP
102
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$248K | -3,355 | Closed |
|
|
CWAG
103
Compton Wealth Advisory Group
Virginia Beach,
Virginia
| – | -$244K | -3,300 | Closed |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$231K | -3,126 | Closed |
|
|
ONST
105
Old North State Trust
Greensboro,
North Carolina
| – | -$23K | -317 | Closed |
|
|
PA
106
Parallel Advisors
San Francisco,
California
| – | -$5K | -70 | Closed |
|
|
OSAM
107
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$471 | +7 | New |
|
NIC Hedge Fund Activity: Q1 2020 in Review
93 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nicolet Bankshares (NIC) for Q1 2020, worth a combined $219M — down 26% from $297M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NIC and 7 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 41 added.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $2.35M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $2.15M sold.
- 93 institutional investors held Nicolet Bankshares (NIC) as of Q1 2020, down from 102 in Q4 2019.
- Funds reported $219M of Nicolet Bankshares stock for Q1 2020, down 26% quarter-over-quarter.
- 7 funds opened new Nicolet Bankshares positions in Q1 2020 and 14 closed out, a net change of -7 holders.
- The largest Nicolet Bankshares buyer in Q1 2020 was Hennessy Advisors Inc, an estimated $2.35M added.
- The largest Nicolet Bankshares seller in Q1 2020 was Oxford Asset Management, an estimated $2.15M sold.
Based on aggregated 13F filings for Q1 2020.