Republic Bancorp
RBCAA
103 hedge funds and large institutions have $254M invested in Republic Bancorp in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 9 closing their positions.
16% more capital invested
Capital invested by funds: $219M → $254M (+$34.9M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
1% more funds holding
Funds holding: 102 → 103 (+1)
0.1% more ownership
Funds ownership: 30.32% → 30.42% (+0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$1.35M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.03M |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$905K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$568K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.17M |
| 2 |
BlackRock
New York
|
-$1.14M |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$984K |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$982K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$955K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCP
101
Proficio Capital Partners
Newton,
Massachusetts
| $5K | +$4.62K | +109 | New |
|
|
FAM
102
Formidable Asset Management
Cincinnati,
Ohio
| – | -$984K | -25,419 | Closed |
|
|
103
Hotchkis & Wiley Capital Management
Los Angeles,
California
| – | -$955K | -24,657 | Closed |
|
|
B
104
Bailard
Foster City,
California
| – | -$376K | -9,700 | Closed |
|
|
SRAM
105
Stone Ridge Asset Management
New York
| – | -$213K | -5,505 | Closed |
|
|
RQS
106
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$137K | -3,545 | Closed |
|
107
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$32K | -818 | Closed |
|
108
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -131 | Closed |
|
109
Twin Tree Management
Dallas,
Texas
| – | -$4K | -93 | Closed |
|
|
CFGS
110
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.26K | -77 | Closed |
|
111
Fidelity Investments
Boston,
Massachusetts
| – | +$42 | +1 | New |
|
RBCAA Hedge Fund Activity: Q1 2019 in Review
103 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Republic Bancorp (RBCAA) for Q1 2019, worth a combined $254M — up 16% from $219M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RBCAA positions and 9 closed out — a net gain of 1 holder — while 33 added to existing stakes and 31 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $1.35M. The largest seller was Morgan Stanley, cutting an estimated $1.17M.
- 103 institutional investors held Republic Bancorp (RBCAA) as of Q1 2019, up from 102 in Q4 2018.
- Funds reported $254M of Republic Bancorp stock for Q1 2019, up 16% quarter-over-quarter.
- 10 funds opened new Republic Bancorp positions in Q1 2019 and 9 closed out, a net change of +1 holder.
- The largest Republic Bancorp buyer in Q1 2019 was Allianz Asset Management, an estimated $1.35M added.
- The largest Republic Bancorp seller in Q1 2019 was Morgan Stanley, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2019.