Riverview Bancorp
RVSB
58 hedge funds and large institutions have $82M invested in Riverview Bancorp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
52.04% more ownership
Funds ownership: 0% → 52.04% (+52%)
32% more capital invested
Capital invested by funds: $62.3M → $82M (+$19.7M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 57 → 58 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.2M |
| 2 |
Morgan Stanley
New York
|
+$744K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$309K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$250K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$2.29M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$954K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$890K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$753K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
51
BlackRock Investment Management
Wilmington,
Delaware
| $27K | – | – | – |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $21K | – | – | – |
|
|
MA
53
MUFG Americas
New York
| $21K | – | – | – |
|
|
BGIM
54
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| $17K | -$120 | -20 | -0.8% |
|
55
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
GC
56
Globeflex Capital
San Diego,
California
| $1K | +$1.13K | +188 | New |
|
|
BCM
57
Basswood Capital Management
New York
| – | -$2.29M | -426,062 | Closed |
|
|
CRC
58
Curi RMB Capital
Chicago,
Illinois
| – | -$753K | -140,000 | Closed |
|
59
Invesco
Atlanta,
Georgia
| – | -$60K | -11,201 | Closed |
|
|
JMPWA
60
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$54K | -10,098 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$4K | -799 | Closed |
|
62
Bank of America
Charlotte,
North Carolina
| – | -$1.53K | -254 | -99% |
|
63
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -211 | Closed |
|
RVSB Hedge Fund Activity: Q4 2016 in Review
58 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Riverview Bancorp (RVSB) for Q4 2016, worth a combined $82M — up 32% from $62.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RVSB positions and 6 closed out — a net gain of 1 holder — while 20 added to existing stakes and 10 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.2M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $2.29M sold.
- 58 institutional investors held Riverview Bancorp (RVSB) as of Q4 2016, up from 57 in Q3 2016.
- Funds reported $82M of Riverview Bancorp stock for Q4 2016, up 32% quarter-over-quarter.
- 7 funds opened new Riverview Bancorp positions in Q4 2016 and 6 closed out, a net change of +1 holder.
- The largest Riverview Bancorp buyer in Q4 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $4.2M added.
- The largest Riverview Bancorp seller in Q4 2016 was Basswood Capital Management, an estimated $2.29M sold.
Based on aggregated 13F filings for Q4 2016.