Orange County Bancorp
OBT
44 hedge funds and large institutions have $89.9M invested in Orange County Bancorp in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
22% more funds holding
Funds holding: 36 → 44 (+8)
7.24% more ownership
Funds ownership: 82.95% → 90.2% (+7.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less capital invested
Capital invested by funds: $103M → $89.9M (-$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.06M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.89M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.12M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.15M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.9M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.14M |
| 4 |
Millennium Management
New York
|
-$1.03M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFG
51
Bleakley Financial Group
Fairfield,
New Jersey
| – | -$220K | -10,000 | Closed |
|
|
SS
52
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$220K | -10,000 | Closed |
|
53
Lazard Asset Management
New York
| – | -$15K | -726 | Closed |
|
OBT Hedge Fund Activity: Q2 2023 in Review
44 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Orange County Bancorp (OBT) for Q2 2023, worth a combined $89.9M — down 13% from $103M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new OBT positions and 9 closed out — a net gain of 8 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $8.6M. The largest seller was Wellington Management Group, cutting an estimated $3.15M.
- 44 institutional investors held Orange County Bancorp (OBT) as of Q2 2023, up from 36 in Q1 2023.
- Funds reported $89.9M of Orange County Bancorp stock for Q2 2023, down 13% quarter-over-quarter.
- 17 funds opened new Orange County Bancorp positions in Q2 2023 and 9 closed out, a net change of +8 holders.
- The largest Orange County Bancorp buyer in Q2 2023 was BlackRock, an estimated $8.6M added.
- The largest Orange County Bancorp seller in Q2 2023 was Wellington Management Group, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2023.