Orrstown Financial Services
ORRF
34 hedge funds and large institutions have $43.6M invested in Orrstown Financial Services in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $41.2M → $43.6M (+$2.39M)
3% more funds holding
Funds holding: 33 → 34 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.3M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$1.13M |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$257K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$83K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$77.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$270K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$170K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$69.3K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$40K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$38.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BlackRock Advisors
Wilmington,
Delaware
| $35K | – | – | – |
|
|
BIM
27
BlackRock Investment Management
Wilmington,
Delaware
| $25K | +$24.7K | +1,501 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $13K | – | – | – |
|
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $8K | -$69.3K | -4,210 | -90% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
31
BNP Paribas Financial Markets
Paris,
France
| $2.96K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $2K | +$1.14K | +69 | +223% |
|
33
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
34
Envestnet Asset Management
Chicago,
Illinois
| $1K | +$1K | +61 | New |
|
|
NI
35
Numeric Investors
Boston,
Massachusetts
| – | -$270K | -16,370 | Closed |
|
|
U
36
UBS
Zurich,
Switzerland
| – | -$40K | -2,446 | Closed |
|
ORRF Hedge Fund Activity: Q2 2014 in Review
34 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q2 2014, worth a combined $43.6M — up 5.8% from $41.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ORRF positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was EJF Capital, adding an estimated $1.3M. The largest seller was Numeric Investors, exiting entirely with an estimated $270K sold.
- 34 institutional investors held Orrstown Financial Services (ORRF) as of Q2 2014, up from 33 in Q1 2014.
- Funds reported $43.6M of Orrstown Financial Services stock for Q2 2014, up 5.8% quarter-over-quarter.
- 3 funds opened new Orrstown Financial Services positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Orrstown Financial Services buyer in Q2 2014 was EJF Capital, an estimated $1.3M added.
- The largest Orrstown Financial Services seller in Q2 2014 was Numeric Investors, an estimated $270K sold.
Based on aggregated 13F filings for Q2 2014.