Old National Bancorp
240 hedge funds and large institutions have $1.74B invested in Old National Bancorp in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 80 increasing their positions, 75 reducing their positions, and 36 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 75
2% less capital invested
Capital invested by funds: $1.77B → $1.74B (-$28.5M)
2% less funds holding
Funds holding: 245 → 240 (-5)
7.12% less ownership
Funds ownership: 74.84% → 67.72% (-7.1%)
11% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 36
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$12.5M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$10M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.27M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$30.8M |
| 2 |
PCA
Personal Capital Advisors
Redwood City,
California
|
-$8.94M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$6.46M |
| 4 |
Millennium Management
New York
|
-$6.04M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.32M |
ONB Hedge Fund Activity: Q1 2018 in Review
240 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Old National Bancorp (ONB) for Q1 2018, worth a combined $1.74B — down 1.6% from $1.77B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ONB and 32 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 80 added.
The largest buyer was Vanguard Group, adding an estimated $21.8M. The largest seller was Victory Capital Management, exiting entirely with an estimated $30.8M sold.
- 240 institutional investors held Old National Bancorp (ONB) as of Q1 2018, down from 245 in Q4 2017.
- Funds reported $1.74B of Old National Bancorp stock for Q1 2018, down 1.6% quarter-over-quarter.
- 32 funds opened new Old National Bancorp positions in Q1 2018 and 36 closed out, a net change of -4 holders.
- The largest Old National Bancorp buyer in Q1 2018 was Vanguard Group, an estimated $21.8M added.
- The largest Old National Bancorp seller in Q1 2018 was Victory Capital Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2018.