Orange County Bancorp
OBT
51 hedge funds and large institutions have $115M invested in Orange County Bancorp in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.5% less ownership
Funds ownership: 90.2% → 88.69% (-1.5%)
2% less funds holding
Funds holding: 52 → 51 (-1)
22% less capital invested
Capital invested by funds: $149M → $115M (-$33.4M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$618K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$535K |
| 3 |
JP Morgan Chase
New York
|
+$197K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$186K |
| 5 |
HVIA
Hudson Valley Investment Advisors
Goshen,
New York
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$914K |
| 2 |
Morgan Stanley
New York
|
-$832K |
| 3 |
BlackRock
New York
|
-$508K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$343K |
| 5 |
Goldman Sachs
New York
|
-$266K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Goldman Sachs
New York
| – | -$266K | -8,840 | Closed |
|
52
Janus Henderson Group
London,
United Kingdom
| – | -$209K | -6,928 | Closed |
|
53
SG Americas Securities
New York
| – | -$168K | -5,572 | Closed |
|
54
Acadian Asset Management
Boston,
Massachusetts
| – | -$36K | -1,228 | Closed |
|
55
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$48 | +2 | New |
|
OBT Hedge Fund Activity: Q1 2024 in Review
51 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Orange County Bancorp (OBT) for Q1 2024, worth a combined $115M — down 22% from $149M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of OBT and 3 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 15 added.
The largest buyer was Hennessy Advisors Inc, adding an estimated $618K. The largest seller was Banc Funds Company, cutting an estimated $914K.
- 51 institutional investors held Orange County Bancorp (OBT) as of Q1 2024, down from 52 in Q4 2023.
- Funds reported $115M of Orange County Bancorp stock for Q1 2024, down 22% quarter-over-quarter.
- 3 funds opened new Orange County Bancorp positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Orange County Bancorp buyer in Q1 2024 was Hennessy Advisors Inc, an estimated $618K added.
- The largest Orange County Bancorp seller in Q1 2024 was Banc Funds Company, an estimated $914K sold.
Based on aggregated 13F filings for Q1 2024.