Prosperity Bancshares
298 hedge funds and large institutions have $4.12B invested in Prosperity Bancshares in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 96 increasing their positions, 128 reducing their positions, and 45 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.48% less ownership
Funds ownership: 81.99% → 80.51% (-1.5%)
3% less funds holding
Funds holding: 307 → 298 (-9)
6% less capital invested
Capital invested by funds: $4.36B → $4.12B (-$242M)
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
25% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 128
79% less call options, than puts
Call options by funds: $1.78M | Put options by funds: $8.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$54.3M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
+$44.1M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$41.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$39M |
| 5 |
Millennium Management
New York
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$195M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$28.7M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$28.5M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$23.2M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$18.2M |
PB Hedge Fund Activity: Q3 2023 in Review
298 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Prosperity Bancshares (PB) for Q3 2023, worth a combined $4.12B — down 5.5% from $4.36B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PB and 37 opened new positions — a net loss of 8 holders — while 128 trimmed existing stakes and 96 added.
The largest buyer was Holocene Advisors, adding an estimated $54.3M. The largest seller was State Street, cutting an estimated $195M.
- 298 institutional investors held Prosperity Bancshares (PB) as of Q3 2023, down from 307 in Q2 2023.
- Funds reported $4.12B of Prosperity Bancshares stock for Q3 2023, down 5.5% quarter-over-quarter.
- 37 funds opened new Prosperity Bancshares positions in Q3 2023 and 45 closed out, a net change of -8 holders.
- The largest Prosperity Bancshares buyer in Q3 2023 was Holocene Advisors, an estimated $54.3M added.
- The largest Prosperity Bancshares seller in Q3 2023 was State Street, an estimated $195M sold.
Based on aggregated 13F filings for Q3 2023.