Orrstown Financial Services
ORRF
32 hedge funds and large institutions have $40.3M invested in Orrstown Financial Services in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more capital invested
Capital invested by funds: $28.1M → $40.3M (+$12.2M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% more funds holding
Funds holding: 31 → 32 (+1)
Top Buyers
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.27M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$817K |
| 3 |
Renaissance Technologies
New York
|
+$382K |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$216K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$200K |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.11M |
| 2 |
OFS
Orrstown Financial Services
Harrisburg,
Pennsylvania
|
-$141K |
| 3 |
Morgan Stanley
New York
|
-$131K |
| 4 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$129K |
| 5 |
Goldman Sachs
New York
|
-$95.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $79K | -$49.2K | -3,188 | -41% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $35K | -$83.5K | -5,409 | -73% |
|
|
BA
28
BlackRock Advisors
Wilmington,
Delaware
| $31K | – | – | – |
|
|
RFC
29
Russell Frank Company
Seattle,
Washington
| $13K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
|
U
31
UBS
Zurich,
Switzerland
| $3K | +$2.86K | +185 | New |
|
32
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
33
Wellington Management Group
Boston,
Massachusetts
| – | -$1.11M | -87,511 | Closed |
|
|
34
Morgan Stanley
New York
| – | -$131K | -10,416 | Closed |
|
35
Bank of America
Charlotte,
North Carolina
| – | -$90K | -7,134 | Closed |
|
36
Citigroup
New York
| – | -$18K | -1,418 | Closed |
|
37
Schroder Investment Management Group
London,
United Kingdom
| – | -$3.8K | -300 | Closed |
|
ORRF Hedge Fund Activity: Q3 2013 in Review
32 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q3 2013, worth a combined $40.3M — up 43% from $28.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ORRF positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $1.27M. The largest seller was Wellington Management Group, exiting entirely with an estimated $1.11M sold.
- 32 institutional investors held Orrstown Financial Services (ORRF) as of Q3 2013, up from 31 in Q2 2013.
- Funds reported $40.3M of Orrstown Financial Services stock for Q3 2013, up 43% quarter-over-quarter.
- 6 funds opened new Orrstown Financial Services positions in Q3 2013 and 5 closed out, a net change of +1 holder.
- The largest Orrstown Financial Services buyer in Q3 2013 was EJF Capital, an estimated $1.27M added.
- The largest Orrstown Financial Services seller in Q3 2013 was Wellington Management Group, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2013.