Orrstown Financial Services
ORRF
70 hedge funds and large institutions have $87.9M invested in Orrstown Financial Services in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 68 → 70 (+2)
0.81% more ownership
Funds ownership: 42.26% → 43.07% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $90.1M → $87.9M (-$2.14M)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$707K |
| 2 |
BlackRock
New York
|
+$693K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$534K |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$323K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$529K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$275K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$216K |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$194K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$153K |
ORRF Hedge Fund Activity: Q2 2023 in Review
70 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q2 2023, worth a combined $87.9M — down 2.4% from $90.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ORRF positions and 2 closed out — a net gain of 2 holders — while 19 added to existing stakes and 26 trimmed.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $707K. The largest seller was Millennium Management, cutting an estimated $529K.
- 70 institutional investors held Orrstown Financial Services (ORRF) as of Q2 2023, up from 68 in Q1 2023.
- Funds reported $87.9M of Orrstown Financial Services stock for Q2 2023, down 2.4% quarter-over-quarter.
- 4 funds opened new Orrstown Financial Services positions in Q2 2023 and 2 closed out, a net change of +2 holders.
- The largest Orrstown Financial Services buyer in Q2 2023 was Fourthstone LLC, an estimated $707K added.
- The largest Orrstown Financial Services seller in Q2 2023 was Millennium Management, an estimated $529K sold.
Based on aggregated 13F filings for Q2 2023.