Old National Bancorp
216 hedge funds and large institutions have $1.77B invested in Old National Bancorp in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 67 reducing their positions, and 17 closing their positions.
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
31% more capital invested
Capital invested by funds: $1.36B → $1.77B (+$415M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 67
3% more funds holding
Funds holding: 209 → 216 (+7)
23.88% less ownership
Funds ownership: 96.18% → 72.3% (-24%)
87% less call options, than puts
Call options by funds: $116K | Put options by funds: $920K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$25M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$22M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.92M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.69M |
| 5 |
JP Morgan Chase
New York
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$18.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$14.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$14.2M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$6.43M |
| 5 |
Millennium Management
New York
|
-$5.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
226
Raymond James & Associates
St Petersburg,
Florida
| – | -$276K | -19,646 | Closed |
|
227
Arrowstreet Capital
Boston,
Massachusetts
| – | -$240K | -17,100 | Closed |
|
|
AP
228
AHL Partners
London,
United Kingdom
| – | -$165K | -11,700 | Closed |
|
229
D.E. Shaw & Co
New York
| – | -$159K | -11,328 | Closed |
|
|
HI
230
HBK Investments
Dallas,
Texas
| – | -$152K | -10,800 | Closed |
|
231
Group One Trading
Chicago,
Illinois
| – | -$6K | -448 | Closed |
|
|
GT
232
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -172 | Closed |
|
|
CHP
233
Cable Hill Partners
Portland,
Oregon
| – | -$1K | -63 | Closed |
|
ONB Hedge Fund Activity: Q4 2016 in Review
216 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Old National Bancorp (ONB) for Q4 2016, worth a combined $1.77B — up 31% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ONB positions and 17 closed out — a net gain of 9 holders — while 80 added to existing stakes and 67 trimmed.
The largest buyer was State Street, adding an estimated $25M. The largest seller was Allianz Asset Management, cutting an estimated $18.9M.
- 216 institutional investors held Old National Bancorp (ONB) as of Q4 2016, up from 209 in Q3 2016.
- Funds reported $1.77B of Old National Bancorp stock for Q4 2016, up 31% quarter-over-quarter.
- 26 funds opened new Old National Bancorp positions in Q4 2016 and 17 closed out, a net change of +9 holders.
- The largest Old National Bancorp buyer in Q4 2016 was State Street, an estimated $25M added.
- The largest Old National Bancorp seller in Q4 2016 was Allianz Asset Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q4 2016.