Orrstown Financial Services
ORRF
44 hedge funds and large institutions have $72.4M invested in Orrstown Financial Services in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $69.8M → $72.4M (+$2.61M)
0.59% more ownership
Funds ownership: 37.43% → 38.02% (+0.59%)
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.44M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$4.09M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$669K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$418K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$8.94M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$264K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$142K |
| 4 |
Bank of New York Mellon
New York
|
-$111K |
| 5 |
BlackRock
New York
|
-$109K |
ORRF Hedge Fund Activity: Q2 2017 in Review
44 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q2 2017, worth a combined $72.4M — up 3.7% from $69.8M a quarter earlier.
Fund positioning in ORRF was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 11 trimmed.
The largest buyer was Endeavour Capital Advisors, opening a new position worth an estimated $4.44M. The largest seller was EJF Capital, exiting entirely with an estimated $8.94M sold.
- 44 institutional investors held Orrstown Financial Services (ORRF) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $72.4M of Orrstown Financial Services stock for Q2 2017, up 3.7% quarter-over-quarter.
- 5 funds opened new Orrstown Financial Services positions in Q2 2017 and 5 closed out, a net change of 0 holders.
- The largest Orrstown Financial Services buyer in Q2 2017 was Endeavour Capital Advisors, an estimated $4.44M added.
- The largest Orrstown Financial Services seller in Q2 2017 was EJF Capital, an estimated $8.94M sold.
Based on aggregated 13F filings for Q2 2017.