Prosperity Bancshares
230 hedge funds and large institutions have $3.06B invested in Prosperity Bancshares in 2014 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 102 increasing their positions, 69 reducing their positions, and 21 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 69
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
4% more funds holding
Funds holding: 222 → 230 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $3.06B → $3.06B (-$2.33M)
0.91% less ownership
Funds ownership: 71.07% → 70.16% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Vontobel Asset Management
New York
|
+$25.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$25.1M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$23.4M |
| 4 |
Millennium Management
New York
|
+$20.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.4M |
| 2 |
Renaissance Technologies
New York
|
-$11.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$10.8M |
| 4 |
JP Morgan Chase
New York
|
-$10.4M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$9.97M |
PB Hedge Fund Activity: Q2 2014 in Review
230 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q2 2014, worth a combined $3.06B — down 0.08% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PB positions and 21 closed out — a net gain of 9 holders — while 102 added to existing stakes and 69 trimmed.
The largest buyer was Vontobel Asset Management, opening a new position worth an estimated $25.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $15.4M.
- 230 institutional investors held Prosperity Bancshares (PB) as of Q2 2014, up from 222 in Q1 2014.
- Funds reported $3.06B of Prosperity Bancshares stock for Q2 2014, down 0.08% quarter-over-quarter.
- 30 funds opened new Prosperity Bancshares positions in Q2 2014 and 21 closed out, a net change of +9 holders.
- The largest Prosperity Bancshares buyer in Q2 2014 was Vontobel Asset Management, an estimated $25.3M added.
- The largest Prosperity Bancshares seller in Q2 2014 was Lord, Abbett & Co, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2014.