Orrstown Financial Services
ORRF
63 hedge funds and large institutions have $90.3M invested in Orrstown Financial Services in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
17% more funds holding
Funds holding: 54 → 63 (+9)
6% more capital invested
Capital invested by funds: $85.3M → $90.3M (+$4.98M)
0.71% less ownership
Funds ownership: 42% → 41.28% (-0.71%)
Top Buyers
| 1 |
Renaissance Technologies
New York
|
+$1.86M |
| 2 |
Millennium Management
New York
|
+$858K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$812K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$806K |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$644K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $36K | +$35.5K | +1,377 | New |
|
|
SO
52
STRS Ohio
Columbus,
Ohio
| $31K | – | – | – |
|
53
Legal & General Group
London,
United Kingdom
| $30K | – | – | – |
|
|
RQS
54
Ramsey Quantitative Systems
Louisville,
Kentucky
| $24K | – | – | – |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $15K | – | – | – |
|
56
Barclays
London,
United Kingdom
| $14K | -$25.8K | -1,002 | -65% |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | – | – | – |
|
58
US Bancorp
Minneapolis,
Minnesota
| $7K | – | – | – |
|
59
Federated Hermes
Pittsburgh,
Pennsylvania
| $6K | +$6.16K | +239 | New |
|
60
BNP Paribas Financial Markets
Paris,
France
| $5.82K | -$33.8K | -1,314 | -85% |
|
|
PIA
61
Piedmont Investment Advisors
Durham,
North Carolina
| $3K | +$3.32K | +129 | New |
|
62
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
63
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | +$1.36K | +53 | New |
|
|
MAM
64
Meeder Asset Management
Dublin,
Ohio
| – | -$6K | -236 | Closed |
|
ORRF Hedge Fund Activity: Q2 2018 in Review
63 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q2 2018, worth a combined $90.3M — up 5.8% from $85.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ORRF positions and 1 closed out — a net gain of 9 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $1.86M. The largest seller was Basswood Capital Management, cutting an estimated $8.68M.
- 63 institutional investors held Orrstown Financial Services (ORRF) as of Q2 2018, up from 54 in Q1 2018.
- Funds reported $90.3M of Orrstown Financial Services stock for Q2 2018, up 5.8% quarter-over-quarter.
- 10 funds opened new Orrstown Financial Services positions in Q2 2018 and 1 closed out, a net change of +9 holders.
- The largest Orrstown Financial Services buyer in Q2 2018 was Renaissance Technologies, an estimated $1.86M added.
- The largest Orrstown Financial Services seller in Q2 2018 was Basswood Capital Management, an estimated $8.68M sold.
Based on aggregated 13F filings for Q2 2018.