National Bankshares
NKSH
51 hedge funds and large institutions have $50.2M invested in National Bankshares in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 7 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
4% less funds holding
Funds holding: 53 → 51 (-2)
14% less capital invested
Capital invested by funds: $58.4M → $50.2M (-$8.13M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$1.24M |
| 2 |
Renaissance Technologies
New York
|
+$445K |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$280K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$265K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$4.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$300K |
| 3 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$220K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$201K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$144K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $93 | -$70.7K | -2,400 | -42% |
|
|
52
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$220K | -7,134 | Closed |
|
|
VFS
53
VSR Financial Services
Overland Park,
Kansas
| – | -$201K | -6,516 | Closed |
|
|
BGIM
54
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$69K | -2,230 | Closed |
|
|
VFA
55
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$18K | -593 | Closed |
|
|
WA
56
WFG Advisors
Dallas,
Texas
| – | -$18K | -570 | Closed |
|
|
GSC
57
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$15K | -501 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -170 | Closed |
|
NKSH Hedge Fund Activity: Q3 2014 in Review
51 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in National Bankshares (NKSH) for Q3 2014, worth a combined $50.2M — down 14% from $58.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NKSH and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was National Rural Electric Cooperative Association, adding an estimated $1.24M. The largest seller was American Century Companies, cutting an estimated $4.3M.
- 51 institutional investors held National Bankshares (NKSH) as of Q3 2014, down from 53 in Q2 2014.
- Funds reported $50.2M of National Bankshares stock for Q3 2014, down 14% quarter-over-quarter.
- 5 funds opened new National Bankshares positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest National Bankshares buyer in Q3 2014 was National Rural Electric Cooperative Association, an estimated $1.24M added.
- The largest National Bankshares seller in Q3 2014 was American Century Companies, an estimated $4.3M sold.
Based on aggregated 13F filings for Q3 2014.