National Bankshares
NKSH
57 hedge funds and large institutions have $92.4M invested in National Bankshares in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0.52% less ownership
Funds ownership: 35.86% → 35.34% (-0.52%)
5% less funds holding
Funds holding: 60 → 57 (-3)
15% less capital invested
Capital invested by funds: $108M → $92.4M (-$15.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.2M |
| 2 |
RA
Royce & Associates
New York
|
+$1.53M |
| 3 |
SG Americas Securities
New York
|
+$460K |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$332K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$652K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$524K |
| 3 |
Morgan Stanley
New York
|
-$443K |
| 4 |
JP Morgan Chase
New York
|
-$378K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$314K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $7K | -$62.5K | -1,542 | -89% |
|
|
MAM
52
Meeder Asset Management
Dublin,
Ohio
| $4K | +$4.54K | +112 | New |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
AIM
54
Acrospire Investment Management
Chicago,
Illinois
| $3K | +$2.88K | +71 | New |
|
|
DA
55
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
56
Barclays
London,
United Kingdom
| $1K | -$2.27K | -56 | -64% |
|
57
BNP Paribas Financial Markets
Paris,
France
| $338 | -$15.3K | -377 | -98% |
|
|
HH
58
H7 Holdings
Charlottesville,
Virginia
| – | -$518K | -18,170 | Closed |
|
|
59
Fidelity Investments
Boston,
Massachusetts
| – | -$652K | -15,000 | Closed |
|
|
60
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$524K | -12,050 | Closed |
|
61
VOYA Investment Management
Atlanta,
Georgia
| – | -$213K | -4,911 | Closed |
|
62
EARNEST Partners
Atlanta,
Georgia
| – | -$22K | -500 | Closed |
|
|
RWML
63
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| – | -$608 | -14 | Closed |
|
NKSH Hedge Fund Activity: Q1 2017 in Review
57 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in National Bankshares (NKSH) for Q1 2017, worth a combined $92.4M — down 15% from $108M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NKSH positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock, adding an estimated $18.2M. The largest seller was Fidelity Investments, exiting entirely with an estimated $652K sold.
- 57 institutional investors held National Bankshares (NKSH) as of Q1 2017, down from 60 in Q4 2016.
- Funds reported $92.4M of National Bankshares stock for Q1 2017, down 15% quarter-over-quarter.
- 7 funds opened new National Bankshares positions in Q1 2017 and 6 closed out, a net change of +1 holder.
- The largest National Bankshares buyer in Q1 2017 was BlackRock, an estimated $18.2M added.
- The largest National Bankshares seller in Q1 2017 was Fidelity Investments, an estimated $652K sold.
Based on aggregated 13F filings for Q1 2017.