Prosperity Bancshares
260 hedge funds and large institutions have $3.7B invested in Prosperity Bancshares in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 105 increasing their positions, 78 reducing their positions, and 26 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 78
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
18% more call options, than puts
Call options by funds: $990K | Put options by funds: $841K
2.81% more ownership
Funds ownership: 82.11% → 84.92% (+2.8%)
3% more funds holding
Funds holding: 253 → 260 (+7)
7% less capital invested
Capital invested by funds: $3.98B → $3.7B (-$278M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$107M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$88.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$24.1M |
| 4 |
BlackRock
New York
|
+$14.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$35.1M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$26.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$26.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$18.2M |
PB Hedge Fund Activity: Q4 2018 in Review
260 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q4 2018, worth a combined $3.7B — down 7% from $3.98B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PB positions and 26 closed out — a net gain of 8 holders — while 105 added to existing stakes and 78 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $107M. The largest seller was Findlay Park Partners, cutting an estimated $35.1M.
- 260 institutional investors held Prosperity Bancshares (PB) as of Q4 2018, up from 253 in Q3 2018.
- Funds reported $3.7B of Prosperity Bancshares stock for Q4 2018, down 7% quarter-over-quarter.
- 34 funds opened new Prosperity Bancshares positions in Q4 2018 and 26 closed out, a net change of +8 holders.
- The largest Prosperity Bancshares buyer in Q4 2018 was Atlanta Capital Management, an estimated $107M added.
- The largest Prosperity Bancshares seller in Q4 2018 was Findlay Park Partners, an estimated $35.1M sold.
Based on aggregated 13F filings for Q4 2018.