Orrstown Financial Services
ORRF
74 hedge funds and large institutions have $132M invested in Orrstown Financial Services in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 11 closing their positions.
1.19% more ownership
Funds ownership: 44.96% → 46.16% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
5% less funds holding
Funds holding: 78 → 74 (-4)
6% less capital invested
Capital invested by funds: $141M → $132M (-$8.4M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$7.16M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.47M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.19M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$992K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$856K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.26M |
| 2 |
BlackRock
New York
|
-$1.33M |
| 3 |
Morgan Stanley
New York
|
-$759K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$746K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
76
Kennedy Capital Management
St Louis,
Missouri
| – | -$513K | -17,374 | Closed |
|
77
Millennium Management
New York
| – | -$492K | -16,673 | Closed |
|
78
Brown Advisory
Baltimore,
Maryland
| – | -$236K | -7,999 | Closed |
|
|
HIM
79
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$169K | -5,742 | Closed |
|
80
SG Americas Securities
New York
| – | -$166K | -5,625 | Closed |
|
81
Allspring Global Investments
Charlotte,
North Carolina
| – | -$103K | -3,493 | Closed |
|
|
A
82
AJOVista
Boston,
Massachusetts
| – | -$67.1K | -2,275 | Closed |
|
83
Lazard Asset Management
New York
| – | -$49K | -1,677 | Closed |
|
|
CFD
84
Creative Financial Designs
Kokomo,
Indiana
| – | -$46.3K | -1,571 | Closed |
|
|
WTG
85
West Tower Group
Richmond,
Virginia
| – | -$4.13K | -140 | Closed |
|
ORRF Hedge Fund Activity: Q1 2024 in Review
74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q1 2024, worth a combined $132M — down 6% from $141M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ORRF and 7 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 24 added.
The largest buyer was Fourthstone LLC, adding an estimated $7.16M. The largest seller was Fidelity Investments, cutting an estimated $4.26M.
- 74 institutional investors held Orrstown Financial Services (ORRF) as of Q1 2024, down from 78 in Q4 2023.
- Funds reported $132M of Orrstown Financial Services stock for Q1 2024, down 6% quarter-over-quarter.
- 7 funds opened new Orrstown Financial Services positions in Q1 2024 and 11 closed out, a net change of -4 holders.
- The largest Orrstown Financial Services buyer in Q1 2024 was Fourthstone LLC, an estimated $7.16M added.
- The largest Orrstown Financial Services seller in Q1 2024 was Fidelity Investments, an estimated $4.26M sold.
Based on aggregated 13F filings for Q1 2024.