South Plains Financial
SPFI
55 hedge funds and large institutions have $48M invested in South Plains Financial in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 54 → 55 (+1)
0.34% more ownership
Funds ownership: 21.58% → 21.91% (+0.34%)
13% less capital invested
Capital invested by funds: $55.5M → $48M (-$7.47M)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.21M |
| 2 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$480K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$301K |
| 4 |
Goldman Sachs
New York
|
+$291K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.51M |
| 2 |
BlackRock
New York
|
-$223K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$191K |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$163K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $9K | -$40.3K | -2,916 | -80% |
|
52
Citigroup
New York
| $6K | -$12.1K | -875 | -63% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | -$5.11K | -370 | -43% |
|
|
54
Millennium Management
New York
| $1.09K | +$1.21M | +87,616 | New |
|
|
55
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$191K | -13,419 | Closed |
|
|
56
VOYA Investment Management
Atlanta,
Georgia
| – | -$163K | -11,416 | Closed |
|
57
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -45 | Closed |
|
SPFI Hedge Fund Activity: Q3 2020 in Review
55 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in South Plains Financial (SPFI) for Q3 2020, worth a combined $48M — down 13% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPFI positions and 3 closed out — a net gain of 1 holder — while 17 added to existing stakes and 20 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.21M. The largest seller was Maltese Capital Management, cutting an estimated $1.51M.
- 55 institutional investors held South Plains Financial (SPFI) as of Q3 2020, up from 54 in Q2 2020.
- Funds reported $48M of South Plains Financial stock for Q3 2020, down 13% quarter-over-quarter.
- 4 funds opened new South Plains Financial positions in Q3 2020 and 3 closed out, a net change of +1 holder.
- The largest South Plains Financial buyer in Q3 2020 was Millennium Management, an estimated $1.21M added.
- The largest South Plains Financial seller in Q3 2020 was Maltese Capital Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2020.