We are live on ! Find out more
ORRF icon

Orrstown Financial Services
ORRF

69 hedge funds and large institutions have $101M invested in Orrstown Financial Services in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 12

43% more capital invested

Capital invested by funds: $70.1M → $101M (+$30.4M)

0.57% more ownership

Funds ownership: 39.77% → 40.34% (+0.57%)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

3% less funds holding

Funds holding: 71 → 69 (-2)

Holders
69
Holders Change
-2
Holders Change %
-2.82%
% of All Funds
1.5%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
35
Reduced
12
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$7.35M
2
BlackRock
BlackRock
New York
+$3.29M
3
MCM
Maltese Capital Management
New York
+$1.93M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$1.21M
5
EC
EJF Capital
Virginia
+$1.13M

Top Sellers

1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$5.12M
2
WCM
Wedge Capital Management
North Carolina
-$326K
3
Truist Financial
Truist Financial
North Carolina
-$285K
4
PAM
Panagora Asset Management
Massachusetts
-$226K
5
Millennium Management
Millennium Management
New York
-$205K
Name Holding Trade Value Shares
Change 		Change in
Stake
OSAM
51
O'Shaughnessy Asset Management
Connecticut
$99K -$38.8K -1,880 -29%
Morgan Stanley
52
Morgan Stanley
New York
$88K -$196K -9,485 -70%
UBS Group
53
UBS Group
Switzerland
$74K +$42.9K +2,080 +160%
Citigroup
54
Citigroup
New York
$57K +$15.9K +769 +42%
LTFS
55
Ladenburg Thalmann Financial Services
Florida
$54K +$2.35K +114 +5%
Bessemer Group
56
Bessemer Group
New Jersey
$44K +$41.3K +2,000 New
Legal & General Group
57
Legal & General Group
United Kingdom
$38K +$11.4K +553 +47%
SIS
58
Sound Income Strategies
Florida
$34K – – –
BNP Paribas Financial Markets
59
BNP Paribas Financial Markets
France
$31.1K -$3.32K -161 -10%
EARNEST Partners
60
EARNEST Partners
Georgia
$31K – – –
SO
61
STRS Ohio
Ohio
$26K – – –
Bank of Montreal
62
Bank of Montreal
Ontario, Canada
$19K +$17.6K +851 +17,020%
MLICM
63
Metropolitan Life Insurance Company (MetLife)
New York
$18.3K +$17.2K +834 New
OFS
64
Orrstown Financial Services
Pennsylvania
$14K -$3.3K -160 -20%
AIP
65
Ameritas Investment Partners
Nebraska
$13K – – –
Federated Hermes
66
Federated Hermes
Pennsylvania
$9K -$8.05K -390 -48%
US Bancorp
67
US Bancorp
Minnesota
$6K – – –
TRCT
68
Tower Research Capital (TRC)
New York
$5K +$2.15K +104 +81%
Canada Life
69
Canada Life
Manitoba, Canada
$1K +$83 +4 +10%
DRZID
70
DePrince Race & Zollo Inc (DRZ)
Florida
– -$5.12M -275,640 Closed
WCM
71
Wedge Capital Management
North Carolina
– -$326K -17,520 Closed
Truist Financial
72
Truist Financial
North Carolina
– -$285K -15,320 Closed
Millennium Management
73
Millennium Management
New York
– -$205K -11,016 Closed
SEI Investments
74
SEI Investments
Pennsylvania
– -$96K -5,185 Closed
Ohio Public Employees Retirement System (OPERS)
75
Ohio Public Employees Retirement System (OPERS)
Ohio
– -$55K -2,950 Closed
1 2
3
4

ORRF Hedge Fund Activity: Q2 2019 in Review

69 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q2 2019, worth a combined $101M — up 43% from $70.1M a quarter earlier.

Fund positioning in ORRF was balanced in Q2 2019: 10 funds opened new positions, 10 closed out, 35 added to existing stakes and 12 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $7.35M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $5.12M sold.

  • 69 institutional investors held Orrstown Financial Services (ORRF) as of Q2 2019, down from 71 in Q1 2019.
  • Funds reported $101M of Orrstown Financial Services stock for Q2 2019, up 43% quarter-over-quarter.
  • 10 funds opened new Orrstown Financial Services positions in Q2 2019 and 10 closed out, a net change of 0 holders.
  • The largest Orrstown Financial Services buyer in Q2 2019 was Fidelity Investments, an estimated $7.35M added.
  • The largest Orrstown Financial Services seller in Q2 2019 was DePrince Race & Zollo Inc (DRZ), an estimated $5.12M sold.

Based on aggregated 13F filings for Q2 2019.