Orrstown Financial Services
ORRF
78 hedge funds and large institutions have $141M invested in Orrstown Financial Services in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
42% more capital invested
Capital invested by funds: $98.8M → $141M (+$41.9M)
11% more funds holding
Funds holding: 70 → 78 (+8)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0.64% more ownership
Funds ownership: 44.32% → 44.96% (+0.64%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.91M |
| 2 |
BlackRock
New York
|
+$1.64M |
| 3 |
Morgan Stanley
New York
|
+$1.13M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$594K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.06M |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$1.47M |
| 3 |
SM
Salzhauer Michael
|
-$219K |
| 4 |
Millennium Management
New York
|
-$146K |
| 5 |
Bank of New York Mellon
New York
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Nisa Investment Advisors
St. Louis,
Missouri
| $738 | – | – | – |
|
77
Russell Investments Group
London,
United Kingdom
| $325 | – | – | – |
|
|
CCM
78
Cutler Capital Management
Worcester,
Massachusetts
| – | -$1.47M | -70,000 | Closed |
|
|
SM
79
Salzhauer Michael
| – | -$219K | -10,400 | Closed |
|
80
EARNEST Partners
Atlanta,
Georgia
| – | -$30K | -1,429 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$21.9K | -1,041 | Closed |
|
|
C
82
Covestor
London,
United Kingdom
| – | -$870 | -37 | -70% |
|
ORRF Hedge Fund Activity: Q4 2023 in Review
78 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q4 2023, worth a combined $141M — up 42% from $98.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ORRF positions and 4 closed out — a net gain of 9 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $3.91M. The largest seller was Fidelity Investments, cutting an estimated $3.06M.
- 78 institutional investors held Orrstown Financial Services (ORRF) as of Q4 2023, up from 70 in Q3 2023.
- Funds reported $141M of Orrstown Financial Services stock for Q4 2023, up 42% quarter-over-quarter.
- 13 funds opened new Orrstown Financial Services positions in Q4 2023 and 4 closed out, a net change of +9 holders.
- The largest Orrstown Financial Services buyer in Q4 2023 was Fourthstone LLC, an estimated $3.91M added.
- The largest Orrstown Financial Services seller in Q4 2023 was Fidelity Investments, an estimated $3.06M sold.
Based on aggregated 13F filings for Q4 2023.