Prosperity Bancshares
251 hedge funds and large institutions have $3.83B invested in Prosperity Bancshares in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 82 increasing their positions, 93 reducing their positions, and 17 closing their positions.
141% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 17
56% more call options, than puts
Call options by funds: $2.69M | Put options by funds: $1.73M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more capital invested
Capital invested by funds: $2.84B → $3.83B (+$987M)
10% more funds holding
Funds holding: 229 → 251 (+22)
1.76% more ownership
Funds ownership: 75.02% → 76.77% (+1.8%)
12% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$35.8M |
| 2 |
Millennium Management
New York
|
+$34.5M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$28.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$19.7M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$22.7M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$15.3M |
| 3 |
Jennison Associates
New York
|
-$13.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$12.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$12.4M |
PB Hedge Fund Activity: Q4 2016 in Review
251 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q4 2016, worth a combined $3.83B — up 35% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PB positions and 17 closed out — a net gain of 24 holders — while 82 added to existing stakes and 93 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $35.8M. The largest seller was Champlain Investment Partners, cutting an estimated $22.7M.
- 251 institutional investors held Prosperity Bancshares (PB) as of Q4 2016, up from 229 in Q3 2016.
- Funds reported $3.83B of Prosperity Bancshares stock for Q4 2016, up 35% quarter-over-quarter.
- 41 funds opened new Prosperity Bancshares positions in Q4 2016 and 17 closed out, a net change of +24 holders.
- The largest Prosperity Bancshares buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $35.8M added.
- The largest Prosperity Bancshares seller in Q4 2016 was Champlain Investment Partners, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2016.