Ohio Valley Banc Corp
OVBC
23 hedge funds and large institutions have $14.9M invested in Ohio Valley Banc Corp in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.27% less ownership
Funds ownership: 13.58% → 13.32% (-0.27%)
1% less capital invested
Capital invested by funds: $15M → $14.9M (-$91.3K)
18% less funds holding
Funds holding: 28 → 23 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$518K |
| 2 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
+$427K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$102K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$42.1K |
| 5 |
Millennium Management
New York
|
+$39.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
-$816K |
| 2 |
HF
HRT Financial
New York
|
-$358K |
| 3 |
E
Ergoteles
New York
|
-$229K |
| 4 |
Renaissance Technologies
New York
|
-$44K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$7.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
E
26
Ergoteles
New York
| – | -$229K | -8,680 | Closed |
|
27
Morgan Stanley
New York
| – | -$1.37K | -52 | Closed |
|
|
CS
28
Comerica Securities
Detroit,
Michigan
| – | -$343 | -13 | Closed |
|
29
BNP Paribas Financial Markets
Paris,
France
| – | -$132 | -5 | Closed |
|
OVBC Hedge Fund Activity: Q1 2023 in Review
23 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Ohio Valley Banc Corp (OVBC) for Q1 2023, worth a combined $14.9M — down 0.61% from $15M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of OVBC and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $518K. The largest seller was Corient Private Wealth, exiting entirely with an estimated $816K sold.
- 23 institutional investors held Ohio Valley Banc Corp (OVBC) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $14.9M of Ohio Valley Banc Corp stock for Q1 2023, down 0.61% quarter-over-quarter.
- 1 fund opened new Ohio Valley Banc Corp positions in Q1 2023 and 6 closed out, a net change of -5 holders.
- The largest Ohio Valley Banc Corp buyer in Q1 2023 was Manulife (Manufacturers Life Insurance), an estimated $518K added.
- The largest Ohio Valley Banc Corp seller in Q1 2023 was Corient Private Wealth, an estimated $816K sold.
Based on aggregated 13F filings for Q1 2023.