OP Bancorp
OPBK
46 hedge funds and large institutions have $80.9M invested in OP Bancorp in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
70% more funds holding
Funds holding: 27 → 46 (+19)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
15% more capital invested
Capital invested by funds: $70.1M → $80.9M (+$10.8M)
1.86% less ownership
Funds ownership: 42.71% → 40.86% (-1.9%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$8.41M |
| 2 |
BlackRock
New York
|
+$7.01M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.01M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.31M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.85M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.62M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$1.25M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFP
51
Michael F. Price
| – | -$747K | -60,000 | Closed |
|
|
WSL
52
Western Standard LLC
Los Angeles,
California
| – | -$621K | -49,884 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$376K | -30,173 | Closed |
|
|
GC
54
Gillson Capital
Chicago,
Illinois
| – | -$311K | -25,000 | Closed |
|
|
ROC
55
River Oaks Capital
Wayzata,
Minnesota
| – | -$50K | -4,000 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$6K | -445 | Closed |
|
|
AC
57
Athanor Capital
New York
| – | -$3K | -262 | Closed |
|
OPBK Hedge Fund Activity: Q2 2018 in Review
46 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in OP Bancorp (OPBK) for Q2 2018, worth a combined $80.9M — up 15% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new OPBK positions and 11 closed out — a net gain of 19 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $8.41M. The largest seller was Royal Bank of Canada, cutting an estimated $5.5M.
- 46 institutional investors held OP Bancorp (OPBK) as of Q2 2018, up from 27 in Q1 2018.
- Funds reported $80.9M of OP Bancorp stock for Q2 2018, up 15% quarter-over-quarter.
- 30 funds opened new OP Bancorp positions in Q2 2018 and 11 closed out, a net change of +19 holders.
- The largest OP Bancorp buyer in Q2 2018 was Basswood Capital Management, an estimated $8.41M added.
- The largest OP Bancorp seller in Q2 2018 was Royal Bank of Canada, an estimated $5.5M sold.
Based on aggregated 13F filings for Q2 2018.