Orrstown Financial Services
ORRF
33 hedge funds and large institutions have $44.3M invested in Orrstown Financial Services in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 5 closing their positions.
2% more capital invested
Capital invested by funds: $43.6M → $44.3M (+$671K)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.46M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$3.17M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$1.49M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$587K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$7.58M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$259K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$225K |
| 4 |
OFS
Orrstown Financial Services
Harrisburg,
Pennsylvania
|
-$47.3K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$33.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LSV Asset Management
Chicago,
Illinois
| $29K | -$225K | -13,899 | -89% |
|
|
U
27
UBS
Zurich,
Switzerland
| $24K | +$23.4K | +1,448 | New |
|
|
BIM
28
BlackRock Investment Management
Wilmington,
Delaware
| $23K | -$1.02K | -63 | -4% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $18K | +$15.8K | +979 | +979% |
|
|
GSC
30
Ground Swell Capital
Folly Beach,
South Carolina
| $10K | +$9.71K | +600 | New |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
32
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
PCA
33
PL Capital Advisors
Naples,
Florida
| – | -$7.58M | -458,608 | Closed |
|
|
ZIM
34
ZPR Investment Management
Orange City,
Florida
| – | -$259K | -15,627 | Closed |
|
35
Bank of America
Charlotte,
North Carolina
| – | -$13K | -757 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$8K | -490 | Closed |
|
37
BNP Paribas Financial Markets
Paris,
France
| – | -$2.96K | -179 | Closed |
|
38
Ameriprise
Minneapolis,
Minnesota
| – | -$485 | -30 | -50% |
|
ORRF Hedge Fund Activity: Q3 2014 in Review
33 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q3 2014, worth a combined $44.3M — up 1.5% from $43.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ORRF and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 12 added.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $3.46M. The largest seller was PL Capital Advisors, exiting entirely with an estimated $7.58M sold.
- 33 institutional investors held Orrstown Financial Services (ORRF) as of Q3 2014, down from 34 in Q2 2014.
- Funds reported $44.3M of Orrstown Financial Services stock for Q3 2014, up 1.5% quarter-over-quarter.
- 4 funds opened new Orrstown Financial Services positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest Orrstown Financial Services buyer in Q3 2014 was Curi RMB Capital, an estimated $3.46M added.
- The largest Orrstown Financial Services seller in Q3 2014 was PL Capital Advisors, an estimated $7.58M sold.
Based on aggregated 13F filings for Q3 2014.