Orrstown Financial Services
ORRF
59 hedge funds and large institutions have $64.7M invested in Orrstown Financial Services in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 27 reducing their positions, and 8 closing their positions.
0.65% less ownership
Funds ownership: 42.74% → 42.1% (-0.65%)
6% less funds holding
Funds holding: 63 → 59 (-4)
33% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 27
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
40% less capital invested
Capital invested by funds: $108M → $64.7M (-$43.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$1.63M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$1.18M |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$313K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$228K |
| 5 |
State Street
Boston,
Massachusetts
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.79M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$535K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$504K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$466K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$377K |
ORRF Hedge Fund Activity: Q1 2020 in Review
59 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q1 2020, worth a combined $64.7M — down 40% from $108M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ORRF and 5 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 18 added.
The largest buyer was Maltese Capital Management, adding an estimated $1.63M. The largest seller was Wellington Management Group, exiting entirely with an estimated $1.79M sold.
- 59 institutional investors held Orrstown Financial Services (ORRF) as of Q1 2020, down from 63 in Q4 2019.
- Funds reported $64.7M of Orrstown Financial Services stock for Q1 2020, down 40% quarter-over-quarter.
- 5 funds opened new Orrstown Financial Services positions in Q1 2020 and 8 closed out, a net change of -3 holders.
- The largest Orrstown Financial Services buyer in Q1 2020 was Maltese Capital Management, an estimated $1.63M added.
- The largest Orrstown Financial Services seller in Q1 2020 was Wellington Management Group, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2020.