Orrstown Financial Services
ORRF
51 hedge funds and large institutions have $82.2M invested in Orrstown Financial Services in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
16% more funds holding
Funds holding: 44 → 51 (+7)
14% more capital invested
Capital invested by funds: $72.4M → $82.2M (+$9.82M)
1.56% more ownership
Funds ownership: 38.02% → 39.58% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$4.17M |
| 2 |
Renaissance Technologies
New York
|
+$642K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$493K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$422K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.67M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$240K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$228K |
| 4 |
SG Americas Securities
New York
|
-$179K |
| 5 |
Bank of New York Mellon
New York
|
-$32.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$179K | -7,852 | Closed |
|
|
OFS
52
Orrstown Financial Services
Harrisburg,
Pennsylvania
| – | +$193 | +8 | New |
|
ORRF Hedge Fund Activity: Q3 2017 in Review
51 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q3 2017, worth a combined $82.2M — up 14% from $72.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ORRF positions and 1 closed out — a net gain of 7 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $4.17M. The largest seller was Basswood Capital Management, cutting an estimated $3.67M.
- 51 institutional investors held Orrstown Financial Services (ORRF) as of Q3 2017, up from 44 in Q2 2017.
- Funds reported $82.2M of Orrstown Financial Services stock for Q3 2017, up 14% quarter-over-quarter.
- 8 funds opened new Orrstown Financial Services positions in Q3 2017 and 1 closed out, a net change of +7 holders.
- The largest Orrstown Financial Services buyer in Q3 2017 was Elizabeth Park Capital Advisors, an estimated $4.17M added.
- The largest Orrstown Financial Services seller in Q3 2017 was Basswood Capital Management, an estimated $3.67M sold.
Based on aggregated 13F filings for Q3 2017.