Orrstown Financial Services
ORRF
67 hedge funds and large institutions have $66.7M invested in Orrstown Financial Services in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
12% more funds holding
Funds holding: 60 → 67 (+7)
4.06% less ownership
Funds ownership: 42.93% → 38.87% (-4.1%)
22% less capital invested
Capital invested by funds: $85.8M → $66.7M (-$19.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$2.62M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$2.16M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.42M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$594K |
| 5 |
BlackRock
New York
|
+$460K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$3.61M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$2.09M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.03M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$839K |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$786K |
ORRF Hedge Fund Activity: Q4 2018 in Review
67 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q4 2018, worth a combined $66.7M — down 22% from $85.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ORRF positions and 6 closed out — a net gain of 7 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $2.62M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $3.61M.
- 67 institutional investors held Orrstown Financial Services (ORRF) as of Q4 2018, up from 60 in Q3 2018.
- Funds reported $66.7M of Orrstown Financial Services stock for Q4 2018, down 22% quarter-over-quarter.
- 13 funds opened new Orrstown Financial Services positions in Q4 2018 and 6 closed out, a net change of +7 holders.
- The largest Orrstown Financial Services buyer in Q4 2018 was Maltese Capital Management, an estimated $2.62M added.
- The largest Orrstown Financial Services seller in Q4 2018 was Elizabeth Park Capital Advisors, an estimated $3.61M sold.
Based on aggregated 13F filings for Q4 2018.