Orrstown Financial Services
ORRF
44 hedge funds and large institutions have $69.8M invested in Orrstown Financial Services in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 5 closing their positions.
60% more capital inflows, than outflows
Capital inflows: $14.4M | Capital outflows: $9.01M
3.59% less ownership
Funds ownership: 41.02% → 37.43% (-3.6%)
12% less funds holding
Funds holding: 50 → 44 (-6)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.5M |
| 2 |
Basswood Capital Management
New York
|
+$1.45M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$724K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$256K |
| 5 |
Bank of New York Mellon
New York
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Orrstown Financial Services
Harrisburg,
Pennsylvania
|
-$5.31M |
| 2 |
Banc Funds Company
Chicago,
Illinois
|
-$2.31M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$257K |
| 4 |
Morgan Stanley
New York
|
-$248K |
| 5 |
JP Morgan Chase
New York
|
-$177K |
ORRF Hedge Fund Activity: Q1 2017 in Review
44 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q1 2017, worth a combined $69.8M — down 8.3% from $76M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ORRF and 3 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was BlackRock, adding an estimated $11.5M. The largest seller was Orrstown Financial Services, exiting entirely with an estimated $5.31M sold.
- 44 institutional investors held Orrstown Financial Services (ORRF) as of Q1 2017, down from 50 in Q4 2016.
- Funds reported $69.8M of Orrstown Financial Services stock for Q1 2017, down 8.3% quarter-over-quarter.
- 3 funds opened new Orrstown Financial Services positions in Q1 2017 and 5 closed out, a net change of -2 holders.
- The largest Orrstown Financial Services buyer in Q1 2017 was BlackRock, an estimated $11.5M added.
- The largest Orrstown Financial Services seller in Q1 2017 was Orrstown Financial Services, an estimated $5.31M sold.
Based on aggregated 13F filings for Q1 2017.