Republic Bancorp
RBCAA
83 hedge funds and large institutions have $131M invested in Republic Bancorp in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
8% more funds holding
Funds holding: 77 → 83 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $133M → $131M (-$2.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$1.79M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 3 |
Morgan Stanley
New York
|
+$999K |
| 4 |
Axa
Paris,
France
|
+$499K |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$491K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$2.14M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.9M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$861K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$538K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$497K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
76
FineMark National Bank & Trust
Fort Myers,
Florida
| $13K | – | – | – |
|
|
MFS
77
MSI Financial Services
Springfield,
Massachusetts
| $11K | -$18.1K | -716 | -63% |
|
|
DA
78
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | -$430 | -17 | -15% |
|
80
Geode Capital Management
Boston,
Massachusetts
| $1.97K | -$15.4K | -607 | -0.8% |
|
|
GPC
81
Glacier Peak Capital
Bellevue,
Washington
| – | -$2.14M | -80,988 | Closed |
|
|
RFC
82
Russell Frank Company
Seattle,
Washington
| – | -$95K | -3,580 | Closed |
|
83
BNP Paribas Financial Markets
Paris,
France
| – | -$49.9K | -1,890 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$7.57K | -299 | -100% |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -43 | Closed |
|
86
Barclays
London,
United Kingdom
| – | +$203 | +8 | New |
|
|
BJ
87
BlackRock Japan
Tokyo,
Japan
| – | +$430 | +17 | New |
|
RBCAA Hedge Fund Activity: Q1 2016 in Review
83 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Republic Bancorp (RBCAA) for Q1 2016, worth a combined $131M — down 1.8% from $133M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RBCAA positions and 4 closed out — a net gain of 8 holders — while 36 added to existing stakes and 19 trimmed.
The largest buyer was Stadium Capital Management, adding an estimated $1.79M. The largest seller was Glacier Peak Capital, exiting entirely with an estimated $2.14M sold.
- 83 institutional investors held Republic Bancorp (RBCAA) as of Q1 2016, up from 77 in Q4 2015.
- Funds reported $131M of Republic Bancorp stock for Q1 2016, down 1.8% quarter-over-quarter.
- 12 funds opened new Republic Bancorp positions in Q1 2016 and 4 closed out, a net change of +8 holders.
- The largest Republic Bancorp buyer in Q1 2016 was Stadium Capital Management, an estimated $1.79M added.
- The largest Republic Bancorp seller in Q1 2016 was Glacier Peak Capital, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2016.