We are live on ! Find out more
ORRF icon

Orrstown Financial Services
ORRF

58 hedge funds and large institutions have $84.7M invested in Orrstown Financial Services in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

29% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 17

14% more funds holding

Funds holding: 51 → 58 (+7)

3% more capital invested

Capital invested by funds: $82.2M → $84.7M (+$2.49M)

0.58% more ownership

Funds ownership: 39.58% → 40.16% (+0.58%)

Holders
58
Holders Change
+7
Holders Change %
+13.73%
% of All Funds
1.32%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
22
Reduced
17
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Millennium Management
Millennium Management
New York
+$830K
2
PCM
Penn Capital Management
Pennsylvania
+$772K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$518K
4
Renaissance Technologies
Renaissance Technologies
New York
+$506K
5
Wells Fargo
Wells Fargo
California
+$478K

Top Sellers

1
BCM
Basswood Capital Management
New York
-$3.48M
2
William Blair & Company
William Blair & Company
Illinois
-$240K
3
ECA
Endeavour Capital Advisors
Connecticut
-$191K
4
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$181K
5
NFA
Nationwide Fund Advisors
Ohio
-$106K
Name Holding Trade Value Shares
Change 		Change in
Stake
TA
26
Teachers Advisors
New York
$318K – – –
California State Teachers Retirement System (CalSTRS)
27
California State Teachers Retirement System (CalSTRS)
California
$298K -$10.1K -400 -3%
Macquarie Group
28
Macquarie Group
Australia
$261K -$35.4K -1,400 -12%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$259K – – –
William Blair & Company
30
William Blair & Company
Illinois
$201K -$240K -9,500 -54%
New York State Common Retirement Fund
31
New York State Common Retirement Fund
New York
$192K – – –
PAM
32
Panagora Asset Management
Massachusetts
$172K +$93.5K +3,698 +119%
Acadian Asset Management
33
Acadian Asset Management
Massachusetts
$133K +$69.7K +2,759 +110%
Citigroup
34
Citigroup
New York
$130K +$111K +4,397 +608%
AIG
35
American International Group
New York
$126K +$607 +24 +0.5%
OFS
36
Orrstown Financial Services
Pennsylvania
$117K +$117K +4,628 +57,850%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$113K -$13.9K -549 -11%
Manulife (Manufacturers Life Insurance)
38
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$103K -$23.8K -942 -19%
FMTCOCP
39
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$87.1K – – –
BNP Paribas Financial Markets
40
BNP Paribas Financial Markets
France
$52.5K +$35.6K +1,410 +211%
FQ
41
First Quadrant
California
$50K +$50K +1,979 New
JP Morgan Chase
42
JP Morgan Chase
New York
$40K +$40.4K +1,599 New
OSAM
43
O'Shaughnessy Asset Management
Connecticut
$37K +$36.9K +1,459 New
US Bancorp
44
US Bancorp
Minnesota
$32K -$4.27K -169 -12%
Legal & General Group
45
Legal & General Group
United Kingdom
$30K – – –
SO
46
STRS Ohio
Ohio
$30K – – –
Barclays
47
Barclays
United Kingdom
$30K +$25.4K +1,004 +584%
Bank of America
48
Bank of America
North Carolina
$29K +$20.6K +815 +237%
Parallax Volatility Advisers
49
Parallax Volatility Advisers
California
$29K +$28.7K +1,134 New
TRCT
50
Tower Research Capital (TRC)
New York
$25K -$1.59K -63 -6%
1
2
3

ORRF Hedge Fund Activity: Q4 2017 in Review

58 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q4 2017, worth a combined $84.7M — up 3% from $82.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new ORRF positions and 2 closed out — a net gain of 7 holders — while 22 added to existing stakes and 17 trimmed.

The largest buyer was Millennium Management, adding an estimated $830K. The largest seller was Basswood Capital Management, cutting an estimated $3.48M.

  • 58 institutional investors held Orrstown Financial Services (ORRF) as of Q4 2017, up from 51 in Q3 2017.
  • Funds reported $84.7M of Orrstown Financial Services stock for Q4 2017, up 3% quarter-over-quarter.
  • 9 funds opened new Orrstown Financial Services positions in Q4 2017 and 2 closed out, a net change of +7 holders.
  • The largest Orrstown Financial Services buyer in Q4 2017 was Millennium Management, an estimated $830K added.
  • The largest Orrstown Financial Services seller in Q4 2017 was Basswood Capital Management, an estimated $3.48M sold.

Based on aggregated 13F filings for Q4 2017.