Ohio Valley Banc Corp
OVBC
30 hedge funds and large institutions have $17.5M invested in Ohio Valley Banc Corp in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 11 closing their positions.
5.87% less ownership
Funds ownership: 20.77% → 14.9% (-5.9%)
9% less funds holding
Funds holding: 33 → 30 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
27% less capital invested
Capital invested by funds: $24M → $17.5M (-$6.56M)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.64M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.18M |
| 3 |
E
Ergoteles
New York
|
+$435K |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$399K |
| 5 |
HF
HRT Financial
New York
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.55M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$784K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$622K |
| 5 |
Bank of New York Mellon
New York
|
-$452K |
OVBC Hedge Fund Activity: Q2 2021 in Review
30 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Ohio Valley Banc Corp (OVBC) for Q2 2021, worth a combined $17.5M — down 27% from $24M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of OVBC and 8 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.64M. The largest seller was BlackRock, cutting an estimated $5.5M.
- 30 institutional investors held Ohio Valley Banc Corp (OVBC) as of Q2 2021, down from 33 in Q1 2021.
- Funds reported $17.5M of Ohio Valley Banc Corp stock for Q2 2021, down 27% quarter-over-quarter.
- 8 funds opened new Ohio Valley Banc Corp positions in Q2 2021 and 11 closed out, a net change of -3 holders.
- The largest Ohio Valley Banc Corp buyer in Q2 2021 was Millennium Management, an estimated $1.64M added.
- The largest Ohio Valley Banc Corp seller in Q2 2021 was BlackRock, an estimated $5.5M sold.
Based on aggregated 13F filings for Q2 2021.