Prosperity Bancshares
220 hedge funds and large institutions have $2.91B invested in Prosperity Bancshares in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 87 increasing their positions, 74 reducing their positions, and 16 closing their positions.
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
18% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 74
8% more funds holding
Funds holding: 204 → 220 (+16)
1% more capital invested
Capital invested by funds: $2.89B → $2.91B (+$18.2M)
7.89% less ownership
Funds ownership: 77.47% → 69.58% (-7.9%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.5M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$12.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$11.2M |
| 4 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$10.5M |
| 5 |
Millennium Management
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$93.8M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$19.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.3M |
| 4 |
Goldman Sachs
New York
|
-$13.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.1M |
PB Hedge Fund Activity: Q4 2013 in Review
220 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q4 2013, worth a combined $2.91B — up 0.63% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PB positions and 16 closed out — a net gain of 16 holders — while 87 added to existing stakes and 74 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.5M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $93.8M sold.
- 220 institutional investors held Prosperity Bancshares (PB) as of Q4 2013, up from 204 in Q3 2013.
- Funds reported $2.91B of Prosperity Bancshares stock for Q4 2013, up 0.63% quarter-over-quarter.
- 32 funds opened new Prosperity Bancshares positions in Q4 2013 and 16 closed out, a net change of +16 holders.
- The largest Prosperity Bancshares buyer in Q4 2013 was Vanguard Group, an estimated $26.5M added.
- The largest Prosperity Bancshares seller in Q4 2013 was Allianz Asset Management, an estimated $93.8M sold.
Based on aggregated 13F filings for Q4 2013.