We are live on ! Find out more
ORRF icon

Orrstown Financial Services
ORRF

63 hedge funds and large institutions have $108M invested in Orrstown Financial Services in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 15

6% more capital invested

Capital invested by funds: $102M → $108M (+$5.92M)

1.11% more ownership

Funds ownership: 41.63% → 42.74% (+1.1%)

5% less funds holding

Funds holding: 66 → 63 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
63
Holders Change
-3
Holders Change %
-4.55%
% of All Funds
1.24%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
31
Reduced
15
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Renaissance Technologies
Renaissance Technologies
New York
+$610K
2
Bank of New York Mellon
Bank of New York Mellon
New York
+$574K
3
Wellington Management Group
Wellington Management Group
Massachusetts
+$464K
4
State Street
State Street
Massachusetts
+$449K
5
MCM
Maltese Capital Management
New York
+$362K

Top Sellers

1
HIM
Hillsdale Investment Management
Ontario, Canada
-$837K
2
BlackRock
BlackRock
New York
-$307K
3
B
Bailard
California
-$210K
4
Bank of America
Bank of America
North Carolina
-$190K
5
Wells Fargo
Wells Fargo
California
-$135K
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$16.1M -$307K -13,945 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$10.4M +$321K +14,571 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$8.77M -$41.6K -1,888 -0.5%
ECA
4
Endeavour Capital Advisors
Connecticut
$8M +$95.9K +4,358 +1%
Renaissance Technologies
5
Renaissance Technologies
New York
$6.51M +$610K +27,724 +11%
MCM
6
Maltese Capital Management
New York
$5.76M +$362K +16,450 +7%
EC
7
EJF Capital
Virginia
$5.14M +$92.1K +4,183 +2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$4.94M +$133K +6,058 +3%
State Street
9
State Street
Massachusetts
$3.85M +$449K +20,415 +14%
Wells Fargo
10
Wells Fargo
California
$3.56M -$135K -6,124 -4%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.05M +$21.7K +986 +0.7%
PRCP
12
Pacific Ridge Capital Partners
Oregon
$2.91M +$279K +12,682 +11%
Northern Trust
13
Northern Trust
Illinois
$2.52M -$79.2K -3,600 -3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$2M +$574K +26,060 +42%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$1.79M +$464K +21,102 +36%
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$1.73M +$114K +5,180 +7%
CCM
17
Cutler Capital Management
Massachusetts
$1.59M – – –
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$1.55M – – –
BCM
19
Bridgeway Capital Management
Texas
$1.44M – – –
JP Morgan Chase
20
JP Morgan Chase
New York
$1.21M +$187K +8,479 +19%
PCM
21
Penn Capital Management
Pennsylvania
$1.09M +$26.5K +1,203 +3%
MAM
22
Martingale Asset Management
Massachusetts
$1.08M +$74.8K +3,400 +8%
OFS
23
Orrstown Financial Services
Pennsylvania
$1.08M +$92.1K +4,184 +10%
BCM
24
BHZ Capital Management
California
$1.04M – – –
LSV Asset Management
25
LSV Asset Management
Illinois
$978K +$17.6K +800 +2%
1
2 3

ORRF Hedge Fund Activity: Q4 2019 in Review

63 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Orrstown Financial Services (ORRF) for Q4 2019, worth a combined $108M — up 5.8% from $102M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of ORRF and 1 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 31 added.

The largest buyer was Renaissance Technologies, adding an estimated $610K. The largest seller was Hillsdale Investment Management, cutting an estimated $837K.

  • 63 institutional investors held Orrstown Financial Services (ORRF) as of Q4 2019, down from 66 in Q3 2019.
  • Funds reported $108M of Orrstown Financial Services stock for Q4 2019, up 5.8% quarter-over-quarter.
  • 1 fund opened new Orrstown Financial Services positions in Q4 2019 and 4 closed out, a net change of -3 holders.
  • The largest Orrstown Financial Services buyer in Q4 2019 was Renaissance Technologies, an estimated $610K added.
  • The largest Orrstown Financial Services seller in Q4 2019 was Hillsdale Investment Management, an estimated $837K sold.

Based on aggregated 13F filings for Q4 2019.