Prosperity Bancshares
226 hedge funds and large institutions have $2.6B invested in Prosperity Bancshares in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 96 increasing their positions, 73 reducing their positions, and 37 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 73
1.23% more ownership
Funds ownership: 70.06% → 71.29% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $2.69B → $2.6B (-$90.4M)
6% less funds holding
Funds holding: 241 → 226 (-15)
32% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 37
78% less call options, than puts
Call options by funds: $262K | Put options by funds: $1.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$54M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$29.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$21.4M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$13.4M |
| 5 |
JP Morgan Chase
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$34.8M |
| 2 |
Millennium Management
New York
|
-$26.4M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$17.8M |
| 4 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$16.3M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$14.2M |
PB Hedge Fund Activity: Q1 2015 in Review
226 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q1 2015, worth a combined $2.6B — down 3.4% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PB and 25 opened new positions — a net loss of 12 holders — while 73 trimmed existing stakes and 96 added.
The largest buyer was Allianz Asset Management, adding an estimated $54M. The largest seller was Jennison Associates, cutting an estimated $34.8M.
- 226 institutional investors held Prosperity Bancshares (PB) as of Q1 2015, down from 241 in Q4 2014.
- Funds reported $2.6B of Prosperity Bancshares stock for Q1 2015, down 3.4% quarter-over-quarter.
- 25 funds opened new Prosperity Bancshares positions in Q1 2015 and 37 closed out, a net change of -12 holders.
- The largest Prosperity Bancshares buyer in Q1 2015 was Allianz Asset Management, an estimated $54M added.
- The largest Prosperity Bancshares seller in Q1 2015 was Jennison Associates, an estimated $34.8M sold.
Based on aggregated 13F filings for Q1 2015.