Prosperity Bancshares
222 hedge funds and large institutions have $3.11B invested in Prosperity Bancshares in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 90 reducing their positions, and 19 closing their positions.
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
7% more capital invested
Capital invested by funds: $2.91B → $3.11B (+$202M)
1.49% more ownership
Funds ownership: 69.58% → 71.07% (+1.5%)
1% more funds holding
Funds holding: 220 → 222 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$88.6M |
| 2 |
TAM
Third Avenue Management
New York
|
+$20.6M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$11.9M |
| 4 |
Renaissance Technologies
New York
|
+$10.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAP
New Amsterdam Partners
New York
|
-$18.9M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$12.4M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$11.7M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$10.6M |
| 5 |
Millennium Management
New York
|
-$10.3M |
PB Hedge Fund Activity: Q1 2014 in Review
222 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q1 2014, worth a combined $3.11B — up 6.9% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PB positions and 19 closed out — a net gain of 6 holders — while 79 added to existing stakes and 90 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $88.6M. The largest seller was New Amsterdam Partners, exiting entirely with an estimated $18.9M sold.
- 222 institutional investors held Prosperity Bancshares (PB) as of Q1 2014, up from 220 in Q4 2013.
- Funds reported $3.11B of Prosperity Bancshares stock for Q1 2014, up 6.9% quarter-over-quarter.
- 25 funds opened new Prosperity Bancshares positions in Q1 2014 and 19 closed out, a net change of +6 holders.
- The largest Prosperity Bancshares buyer in Q1 2014 was Fidelity Investments, an estimated $88.6M added.
- The largest Prosperity Bancshares seller in Q1 2014 was New Amsterdam Partners, an estimated $18.9M sold.
Based on aggregated 13F filings for Q1 2014.