Republic Bancorp
RBCAA
85 hedge funds and large institutions have $116M invested in Republic Bancorp in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 10 closing their positions.
2% less funds holding
Funds holding: 87 → 85 (-2)
18% less capital invested
Capital invested by funds: $142M → $116M (-$25.3M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
25% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
+$2.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$433K |
| 4 |
Two Sigma Investments
New York
|
+$356K |
| 5 |
Renaissance Technologies
New York
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.96M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.75M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$1.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.3M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$979K |
RBCAA Hedge Fund Activity: Q4 2013 in Review
85 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Republic Bancorp (RBCAA) for Q4 2013, worth a combined $116M — down 18% from $142M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RBCAA and 8 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 24 added.
The largest buyer was Glacier Peak Capital, opening a new position worth an estimated $2.23M. The largest seller was Basswood Capital Management, cutting an estimated $3.96M.
- 85 institutional investors held Republic Bancorp (RBCAA) as of Q4 2013, down from 87 in Q3 2013.
- Funds reported $116M of Republic Bancorp stock for Q4 2013, down 18% quarter-over-quarter.
- 8 funds opened new Republic Bancorp positions in Q4 2013 and 10 closed out, a net change of -2 holders.
- The largest Republic Bancorp buyer in Q4 2013 was Glacier Peak Capital, an estimated $2.23M added.
- The largest Republic Bancorp seller in Q4 2013 was Basswood Capital Management, an estimated $3.96M sold.
Based on aggregated 13F filings for Q4 2013.