Republic Bancorp
RBCAA
100 hedge funds and large institutions have $210M invested in Republic Bancorp in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 26 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
30% more capital invested
Capital invested by funds: $162M → $210M (+$48.6M)
28.55% more ownership
Funds ownership: 0% → 28.55% (+29%)
12% more funds holding
Funds holding: 89 → 100 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$4.03M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.78M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.35M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.1M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$8.87M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5M |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$1.17M |
| 4 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$591K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$423K | -13,615 | Closed |
|
102
UBS AM
Chicago,
Illinois
| – | -$213K | -6,847 | Closed |
|
|
RA
103
Rational Advisors
Huntington,
New York
| – | -$194K | -6,250 | Closed |
|
104
SG Americas Securities
New York
| – | -$135K | -4,331 | Closed |
|
|
CAM
105
ClariVest Asset Management
San Diego,
California
| – | +$243 | +7 | New |
|
RBCAA Hedge Fund Activity: Q4 2016 in Review
100 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Republic Bancorp (RBCAA) for Q4 2016, worth a combined $210M — up 30% from $162M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RBCAA positions and 5 closed out — a net gain of 12 holders — while 41 added to existing stakes and 26 trimmed.
The largest buyer was Norges Bank, adding an estimated $4.03M. The largest seller was Stadium Capital Management, cutting an estimated $8.87M.
- 100 institutional investors held Republic Bancorp (RBCAA) as of Q4 2016, up from 89 in Q3 2016.
- Funds reported $210M of Republic Bancorp stock for Q4 2016, up 30% quarter-over-quarter.
- 17 funds opened new Republic Bancorp positions in Q4 2016 and 5 closed out, a net change of +12 holders.
- The largest Republic Bancorp buyer in Q4 2016 was Norges Bank, an estimated $4.03M added.
- The largest Republic Bancorp seller in Q4 2016 was Stadium Capital Management, an estimated $8.87M sold.
Based on aggregated 13F filings for Q4 2016.