Orrstown Financial Services
ORRF
68 hedge funds and large institutions have $90.1M invested in Orrstown Financial Services in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 9 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.56% less ownership
Funds ownership: 42.82% → 42.26% (-0.56%)
4% less funds holding
Funds holding: 71 → 68 (-3)
6% less capital invested
Capital invested by funds: $96.1M → $90.1M (-$6.06M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$614K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$439K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
+$408K |
| 4 |
Millennium Management
New York
|
+$381K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.67M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$673K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$450K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$389K |
| 5 |
BlackRock
New York
|
-$347K |
ORRF Hedge Fund Activity: Q1 2023 in Review
68 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q1 2023, worth a combined $90.1M — down 6.3% from $96.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ORRF and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 29 added.
The largest buyer was Fidelity Investments, adding an estimated $614K. The largest seller was Wellington Management Group, cutting an estimated $1.67M.
- 68 institutional investors held Orrstown Financial Services (ORRF) as of Q1 2023, down from 71 in Q4 2022.
- Funds reported $90.1M of Orrstown Financial Services stock for Q1 2023, down 6.3% quarter-over-quarter.
- 6 funds opened new Orrstown Financial Services positions in Q1 2023 and 9 closed out, a net change of -3 holders.
- The largest Orrstown Financial Services buyer in Q1 2023 was Fidelity Investments, an estimated $614K added.
- The largest Orrstown Financial Services seller in Q1 2023 was Wellington Management Group, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2023.