Prosperity Bancshares
233 hedge funds and large institutions have $2.8B invested in Prosperity Bancshares in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 88 increasing their positions, 93 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
1% more funds holding
Funds holding: 230 → 233 (+3)
0.96% more ownership
Funds ownership: 70.16% → 71.12% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 93
9% less capital invested
Capital invested by funds: $3.06B → $2.8B (-$267M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$120M |
| 2 |
VAM
Vontobel Asset Management
New York
|
+$22M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
+$19.2M |
| 4 |
DAM
Davis Asset Management
Sausalito,
California
|
+$8.03M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$27M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$25.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.4M |
| 4 |
Millennium Management
New York
|
-$14.8M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$13.2M |
PB Hedge Fund Activity: Q3 2014 in Review
233 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q3 2014, worth a combined $2.8B — down 8.7% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PB positions and 13 closed out — a net gain of 6 holders — while 88 added to existing stakes and 93 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $120M. The largest seller was Norges Bank, cutting an estimated $27M.
- 233 institutional investors held Prosperity Bancshares (PB) as of Q3 2014, up from 230 in Q2 2014.
- Funds reported $2.8B of Prosperity Bancshares stock for Q3 2014, down 8.7% quarter-over-quarter.
- 19 funds opened new Prosperity Bancshares positions in Q3 2014 and 13 closed out, a net change of +6 holders.
- The largest Prosperity Bancshares buyer in Q3 2014 was Fidelity Investments, an estimated $120M added.
- The largest Prosperity Bancshares seller in Q3 2014 was Norges Bank, an estimated $27M sold.
Based on aggregated 13F filings for Q3 2014.