Orrstown Financial Services
ORRF
71 hedge funds and large institutions have $70.1M invested in Orrstown Financial Services in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
6% more funds holding
Funds holding: 67 → 71 (+4)
5% more capital invested
Capital invested by funds: $66.7M → $70.1M (+$3.34M)
0.9% more ownership
Funds ownership: 38.87% → 39.77% (+0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$1.29M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.17M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$542K |
| 4 |
MCM
Maltese Capital Management
New York
|
+$421K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.11M |
| 2 |
State Street
Boston,
Massachusetts
|
-$384K |
| 3 |
BlackRock
New York
|
-$383K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$362K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Twin Tree Management
Dallas,
Texas
| – | -$3K | -190 | Closed |
|
77
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2.02K | -103 | -95% |
|
ORRF Hedge Fund Activity: Q1 2019 in Review
71 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q1 2019, worth a combined $70.1M — up 5% from $66.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ORRF positions and 6 closed out — a net gain of 4 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Cutler Capital Management, opening a new position worth an estimated $1.29M. The largest seller was Elizabeth Park Capital Advisors, exiting entirely with an estimated $2.11M sold.
- 71 institutional investors held Orrstown Financial Services (ORRF) as of Q1 2019, up from 67 in Q4 2018.
- Funds reported $70.1M of Orrstown Financial Services stock for Q1 2019, up 5% quarter-over-quarter.
- 10 funds opened new Orrstown Financial Services positions in Q1 2019 and 6 closed out, a net change of +4 holders.
- The largest Orrstown Financial Services buyer in Q1 2019 was Cutler Capital Management, an estimated $1.29M added.
- The largest Orrstown Financial Services seller in Q1 2019 was Elizabeth Park Capital Advisors, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2019.