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Old Second Bancorp

108 hedge funds and large institutions have $285M invested in Old Second Bancorp in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 43 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $280M → $285M (+$5.35M)

0.02% less ownership

Funds ownership: 69.2%69.18% (-0.02%)

4% less funds holding

Funds holding: 112108 (-4)

13% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 16

26% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 43

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
108
Holders Change
-4
Holders Change %
-3.57%
% of All Funds
2.48%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
14
Increased
32
Reduced
43
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$33.1M -$1.92M -134,700 -5%
BlackRock
2
BlackRock
New York
$26.5M -$480K -33,758 -2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$21.1M -$178K -12,533 -0.8%
TAM
4
THB Asset Management
Connecticut
$19.7M +$197K +13,870 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$16.9M +$713K +50,085 +4%
Renaissance Technologies
6
Renaissance Technologies
New York
$14.7M +$508K +35,700 +4%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$14.4M -$32.5K -2,281 -0.2%
MCM
8
Maltese Capital Management
New York
$11.4M +$6.47M +454,700 +124%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.97M +$1.96M +137,769 +24%
SCA
10
Stieven Capital Advisors
Missouri
$9.52M -$72.6K -5,100 -0.7%
Boston Partners
11
Boston Partners
Massachusetts
$7.99M +$159K +11,200 +2%
State Street
12
State Street
Massachusetts
$7.44M +$14.5K +1,022 +0.2%
FCM
13
FJ Capital Management
Virginia
$6.88M +$2.04M +143,700 +38%
Russell Investments Group
14
Russell Investments Group
United Kingdom
$6.44M +$219K +15,400 +3%
AL
15
AJO LP
Pennsylvania
$5.75M -$546K -38,410 -9%
Northern Trust
16
Northern Trust
Illinois
$4.81M -$4.3K -302 -0.1%
CCM
17
Castine Capital Management
Massachusetts
$4.23M +$4.33M +304,259 New
Invesco
18
Invesco
Georgia
$3.62M -$51.8K -3,640 -1%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$3.49M +$142K +10,007 +4%
KCM
20
Kennedy Capital Management
Missouri
$3.23M +$3.14M +220,612 +1,816%
SCP
21
Seizert Capital Partners
Michigan
$2.65M -$15.9K -1,119 -0.6%
Deutsche Bank
22
Deutsche Bank
Germany
$2.65M -$472K -33,170 -15%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$2.49M +$99.6K +7,003 +4%
Millennium Management
24
Millennium Management
New York
$2.38M -$2.27M -159,589 -48%
BCM
25
Bridgeway Capital Management
Texas
$2.06M -$5.69K -400 -0.3%

OSBC Hedge Fund Activity: Q1 2018 in Review

108 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Old Second Bancorp (OSBC) for Q1 2018, worth a combined $285M — up 1.9% from $280M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of OSBC and 14 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 32 added.

The largest buyer was Maltese Capital Management, adding an estimated $6.47M. The largest seller was Patriot Financial Partners, exiting entirely with an estimated $14.4M sold.

  • 108 institutional investors held Old Second Bancorp (OSBC) as of Q1 2018, down from 112 in Q4 2017.
  • Funds reported $285M of Old Second Bancorp stock for Q1 2018, up 1.9% quarter-over-quarter.
  • 14 funds opened new Old Second Bancorp positions in Q1 2018 and 16 closed out, a net change of -2 holders.
  • The largest Old Second Bancorp buyer in Q1 2018 was Maltese Capital Management, an estimated $6.47M added.
  • The largest Old Second Bancorp seller in Q1 2018 was Patriot Financial Partners, an estimated $14.4M sold.

Based on aggregated 13F filings for Q1 2018.