Riverview Bancorp
RVSB
56 hedge funds and large institutions have $70.4M invested in Riverview Bancorp in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 5 closing their positions.
2% less funds holding
Funds holding: 57 → 56 (-1)
2.2% less ownership
Funds ownership: 63.5% → 61.3% (-2.2%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
24% less capital invested
Capital invested by funds: $92.3M → $70.4M (-$21.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.5M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$864K |
| 3 |
RA
Royce & Associates
New York
|
+$568K |
| 4 |
Millennium Management
New York
|
+$265K |
| 5 |
Renaissance Technologies
New York
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$3.23M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.81M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$564K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$323K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$272K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $25.7K | +$3.21K | +472 | +11% |
|
52
Osaic Holdings
Scottsdale,
Arizona
| $11.2K | +$109 | +16 | +0.8% |
|
53
Barclays
London,
United Kingdom
| $5.77K | – | – | – |
|
54
JP Morgan Chase
New York
| $1K | +$960 | +141 | New |
|
55
Wells Fargo
San Francisco,
California
| $737 | +$7 | +1 | +0.7% |
|
|
GEA
56
Glen Eagle Advisors
Kingston,
New Jersey
| $534 | – | – | – |
|
|
RIP
57
Rhino Investment Partners
West Conshohocken,
Pennsylvania
| – | -$3.23M | -419,931 | Closed |
|
58
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$154K | -20,040 | Closed |
|
59
Mercer Global Advisors
Denver,
Colorado
| – | -$109K | -14,250 | Closed |
|
60
Envestnet Asset Management
Chicago,
Illinois
| – | -$109K | -14,217 | Closed |
|
61
Charles Schwab
San Francisco,
California
| – | -$87.8K | -11,437 | Closed |
|
RVSB Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Riverview Bancorp (RVSB) for Q1 2023, worth a combined $70.4M — down 24% from $92.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RVSB and 4 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 15 added.
The largest buyer was Fourthstone LLC, adding an estimated $1.5M. The largest seller was Rhino Investment Partners, exiting entirely with an estimated $3.23M sold.
- 56 institutional investors held Riverview Bancorp (RVSB) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $70.4M of Riverview Bancorp stock for Q1 2023, down 24% quarter-over-quarter.
- 4 funds opened new Riverview Bancorp positions in Q1 2023 and 5 closed out, a net change of -1 holder.
- The largest Riverview Bancorp buyer in Q1 2023 was Fourthstone LLC, an estimated $1.5M added.
- The largest Riverview Bancorp seller in Q1 2023 was Rhino Investment Partners, an estimated $3.23M sold.
Based on aggregated 13F filings for Q1 2023.