Old National Bancorp
230 hedge funds and large institutions have $2.2B invested in Old National Bancorp in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 87 increasing their positions, 70 reducing their positions, and 19 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 70
4% more capital invested
Capital invested by funds: $2.12B → $2.2B (+$79.4M)
0.09% less ownership
Funds ownership: 74.96% → 74.87% (-0.09%)
1% less funds holding
Funds holding: 233 → 230 (-3)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.3M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.98M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$24.9M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$17M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$11.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.5M |
| 5 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$7.93M |
ONB Hedge Fund Activity: Q3 2018 in Review
230 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Old National Bancorp (ONB) for Q3 2018, worth a combined $2.2B — up 3.7% from $2.12B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ONB and 17 opened new positions — a net loss of 2 holders — while 70 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $42.5M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $24.9M sold.
- 230 institutional investors held Old National Bancorp (ONB) as of Q3 2018, down from 233 in Q2 2018.
- Funds reported $2.2B of Old National Bancorp stock for Q3 2018, up 3.7% quarter-over-quarter.
- 17 funds opened new Old National Bancorp positions in Q3 2018 and 19 closed out, a net change of -2 holders.
- The largest Old National Bancorp buyer in Q3 2018 was BlackRock, an estimated $42.5M added.
- The largest Old National Bancorp seller in Q3 2018 was Allianz Asset Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2018.