Orange County Bancorp
OBT
36 hedge funds and large institutions have $103M invested in Orange County Bancorp in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
24% more funds holding
Funds holding: 29 → 36 (+7)
0.45% more ownership
Funds ownership: 82.5% → 82.95% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $108M → $103M (-$5.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.14M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$606K |
| 4 |
NAM
NorthCrest Asset Manangement
Plymouth,
Minnesota
|
+$600K |
| 5 |
HF
HRT Financial
New York
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$3.77M |
| 2 |
Cerity Partners
New York
|
-$1.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$674K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$437K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$410K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
26
Simplicity Solutions
Minneapolis,
Minnesota
| $220K | +$250K | +10,000 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $178K | +$182K | +7,298 | +899% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $176K | – | – | – |
|
29
Citigroup
New York
| $171K | +$77.4K | +3,100 | +66% |
|
30
UBS Group
Zurich,
Switzerland
| $161K | +$103K | +4,108 | +127% |
|
31
JP Morgan Chase
New York
| $158K | +$180K | +7,200 | New |
|
32
Acadian Asset Management
Boston,
Massachusetts
| $27K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $26K | +$28.8K | +1,156 | New |
|
34
Lazard Asset Management
New York
| $15K | +$18.1K | +726 | New |
|
35
Fidelity Investments
Boston,
Massachusetts
| $2.5K | +$449 | +18 | +19% |
|
36
Wells Fargo
San Francisco,
California
| $1.32K | +$50 | +2 | +3% |
|
|
MI
37
M3F Inc
Salt Lake City,
Utah
| – | -$3.77M | -161,732 | Closed |
|
|
38
Cerity Partners
New York
| – | -$1.4M | -60,000 | Closed |
|
39
HighTower Advisors
Chicago,
Illinois
| – | -$244K | -10,502 | Closed |
|
OBT Hedge Fund Activity: Q1 2023 in Review
36 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Orange County Bancorp (OBT) for Q1 2023, worth a combined $103M — down 4.9% from $108M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new OBT positions and 3 closed out — a net gain of 7 holders — while 16 added to existing stakes and 4 trimmed.
The largest buyer was Millennium Management, adding an estimated $2M. The largest seller was M3F Inc, exiting entirely with an estimated $3.77M sold.
- 36 institutional investors held Orange County Bancorp (OBT) as of Q1 2023, up from 29 in Q4 2022.
- Funds reported $103M of Orange County Bancorp stock for Q1 2023, down 4.9% quarter-over-quarter.
- 10 funds opened new Orange County Bancorp positions in Q1 2023 and 3 closed out, a net change of +7 holders.
- The largest Orange County Bancorp buyer in Q1 2023 was Millennium Management, an estimated $2M added.
- The largest Orange County Bancorp seller in Q1 2023 was M3F Inc, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2023.