Orrstown Financial Services
ORRF
66 hedge funds and large institutions have $102M invested in Orrstown Financial Services in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 4 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 16
1.29% more ownership
Funds ownership: 40.34% → 41.63% (+1.3%)
2% more capital invested
Capital invested by funds: $101M → $102M (+$1.77M)
4% less funds holding
Funds holding: 69 → 66 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFS
Orrstown Financial Services
Harrisburg,
Pennsylvania
|
+$939K |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$856K |
| 3 |
Morgan Stanley
New York
|
+$586K |
| 4 |
BlackRock
New York
|
+$558K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$663K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$588K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$517K |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$313K |
| 5 |
Goldman Sachs
New York
|
-$257K |
ORRF Hedge Fund Activity: Q3 2019 in Review
66 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q3 2019, worth a combined $102M — up 1.8% from $101M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ORRF and 2 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 30 added.
The largest buyer was Orrstown Financial Services, adding an estimated $939K. The largest seller was Endeavour Capital Advisors, cutting an estimated $663K.
- 66 institutional investors held Orrstown Financial Services (ORRF) as of Q3 2019, down from 69 in Q2 2019.
- Funds reported $102M of Orrstown Financial Services stock for Q3 2019, up 1.8% quarter-over-quarter.
- 2 funds opened new Orrstown Financial Services positions in Q3 2019 and 4 closed out, a net change of -2 holders.
- The largest Orrstown Financial Services buyer in Q3 2019 was Orrstown Financial Services, an estimated $939K added.
- The largest Orrstown Financial Services seller in Q3 2019 was Endeavour Capital Advisors, an estimated $663K sold.
Based on aggregated 13F filings for Q3 2019.