Orrstown Financial Services
ORRF
50 hedge funds and large institutions have $76M invested in Orrstown Financial Services in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
9% more funds holding
Funds holding: 46 → 50 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.55% less ownership
Funds ownership: 41.57% → 41.02% (-0.55%)
2% less capital inflows, than outflows
Capital inflows: $13.5M | Capital outflows: $13.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.02M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.51M |
| 3 |
Basswood Capital Management
New York
|
+$1.28M |
| 4 |
BlackRock Fund Advisors
San Francisco,
California
|
+$888K |
| 5 |
Renaissance Technologies
New York
|
+$642K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Curi RMB Capital
Chicago,
Illinois
|
-$6.73M |
| 2 |
Emerald Advisers
Leola,
Pennsylvania
|
-$4.36M |
| 3 |
Banc Funds Company
Chicago,
Illinois
|
-$1.67M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$279K |
| 5 |
Goldman Sachs
New York
|
-$245K |
ORRF Hedge Fund Activity: Q4 2016 in Review
50 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q4 2016, worth a combined $76M — up 12% from $68M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ORRF positions and 6 closed out — a net gain of 4 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $6.02M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $6.73M sold.
- 50 institutional investors held Orrstown Financial Services (ORRF) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $76M of Orrstown Financial Services stock for Q4 2016, up 12% quarter-over-quarter.
- 10 funds opened new Orrstown Financial Services positions in Q4 2016 and 6 closed out, a net change of +4 holders.
- The largest Orrstown Financial Services buyer in Q4 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $6.02M added.
- The largest Orrstown Financial Services seller in Q4 2016 was Curi RMB Capital, an estimated $6.73M sold.
Based on aggregated 13F filings for Q4 2016.