Old National Bancorp
245 hedge funds and large institutions have $1.77B invested in Old National Bancorp in 2017 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 81 increasing their positions, 81 reducing their positions, and 12 closing their positions.
225% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 12
12% more funds holding
Funds holding: 218 → 245 (+27)
0.51% more ownership
Funds ownership: 74.32% → 74.84% (+0.51%)
0% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 81
4% less capital invested
Capital invested by funds: $1.84B → $1.77B (-$73.1M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$22.2M |
| 2 |
State Street
Boston,
Massachusetts
|
+$12.9M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.26M |
| 4 |
FIM
Foresters Investment Management
New York
|
+$7.55M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$6.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$14.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$10.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$9.07M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$5.93M |
| 5 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$5.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
251
Alpha Windward
Westwood,
Massachusetts
| – | -$525K | -28,680 | Closed |
|
|
N
252
Natixis
Paris,
France
| – | -$383K | -20,954 | Closed |
|
|
ECM
253
ETrade Capital Management
Arlington,
Virginia
| – | -$363K | -19,815 | Closed |
|
|
FRM
254
Fox Run Management
Greenwich,
Connecticut
| – | -$223K | -12,200 | Closed |
|
|
RWP
255
RWA Wealth Partners
Newton,
Massachusetts
| – | -$212K | -11,610 | Closed |
|
|
LCM
256
Laurion Capital Management
New York
| – | -$198K | -10,800 | Closed |
|
257
Los Angeles Capital Management
Los Angeles,
California
| – | -$197K | -10,740 | Closed |
|
ONB Hedge Fund Activity: Q4 2017 in Review
245 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Old National Bancorp (ONB) for Q4 2017, worth a combined $1.77B — down 4% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ONB positions and 12 closed out — a net gain of 27 holders — while 81 added to existing stakes and 81 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $22.2M. The largest seller was FJ Capital Management, cutting an estimated $14.2M.
- 245 institutional investors held Old National Bancorp (ONB) as of Q4 2017, up from 218 in Q3 2017.
- Funds reported $1.77B of Old National Bancorp stock for Q4 2017, down 4% quarter-over-quarter.
- 39 funds opened new Old National Bancorp positions in Q4 2017 and 12 closed out, a net change of +27 holders.
- The largest Old National Bancorp buyer in Q4 2017 was Principal Financial Group, an estimated $22.2M added.
- The largest Old National Bancorp seller in Q4 2017 was FJ Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2017.