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.
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)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.35M |
| 2 |
BlackRock
New York
|
+$3.29M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$1.93M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.21M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.13M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Marshall Wace
London,
United Kingdom
| – | -$19K | -1,000 | Closed |
|
|
ST
77
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$19K | -1,000 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$9K | -500 | Closed |
|
79
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$2K | -100 | Closed |
|
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.