South Plains Financial
SPFI
54 hedge funds and large institutions have $55.5M invested in South Plains Financial in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 9 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
0.55% less ownership
Funds ownership: 22.13% → 21.58% (-0.55%)
5% less funds holding
Funds holding: 57 → 54 (-3)
10% less capital invested
Capital invested by funds: $61.9M → $55.5M (-$6.41M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$458K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$349K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$243K |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$220K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.2M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$542K |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$366K |
| 4 |
Goldman Sachs
New York
|
-$303K |
| 5 |
BlackRock
New York
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $11K | +$11.3K | +862 | New |
|
52
BNP Paribas Financial Markets
Paris,
France
| $5.8K | -$35.5K | -2,717 | -87% |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$588 | +45 | New |
|
|
TG
54
TCW Group
Los Angeles,
California
| – | -$542K | -35,000 | Closed |
|
|
55
Goldman Sachs
New York
| – | -$303K | -19,566 | Closed |
|
|
ACL
56
Azora Capital LP
Miami,
Florida
| – | -$249K | -16,107 | Closed |
|
57
Victory Capital Management
San Antonio,
Texas
| – | -$218K | -14,108 | Closed |
|
58
Millennium Management
New York
| – | -$171K | -11,050 | Closed |
|
|
FQ
59
First Quadrant
Glendale,
California
| – | -$87K | -5,626 | Closed |
|
|
DWA
60
Dorsey Wright & Associates
Pasadena,
California
| – | -$8K | -546 | Closed |
|
61
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -145 | Closed |
|
|
PFGIA
62
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$26 | +2 | New |
|
SPFI Hedge Fund Activity: Q2 2020 in Review
54 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in South Plains Financial (SPFI) for Q2 2020, worth a combined $55.5M — down 10% from $61.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPFI and 6 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 25 added.
The largest buyer was State Street, adding an estimated $458K. The largest seller was Maltese Capital Management, cutting an estimated $1.2M.
- 54 institutional investors held South Plains Financial (SPFI) as of Q2 2020, down from 57 in Q1 2020.
- Funds reported $55.5M of South Plains Financial stock for Q2 2020, down 10% quarter-over-quarter.
- 6 funds opened new South Plains Financial positions in Q2 2020 and 9 closed out, a net change of -3 holders.
- The largest South Plains Financial buyer in Q2 2020 was State Street, an estimated $458K added.
- The largest South Plains Financial seller in Q2 2020 was Maltese Capital Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q2 2020.