TAYLOR CAPITAL GROUP INC
TAYC
TAYC was delisted on the 15th of August, 2014.
76 hedge funds and large institutions have $170M invested in TAYLOR CAPITAL GROUP INC in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 14 reducing their positions, and 11 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 14
22% more capital invested
Capital invested by funds: $140M → $170M (+$30.4M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 77 → 76 (-1)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$14M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$7.25M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.2M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$5.16M |
| 5 |
WIC
Water Island Capital
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$39.8M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$21.9M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.96M |
| 4 |
AI
Analytic Investors
Los Angeles,
California
|
-$692K |
| 5 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$425K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $295 | – | – | – |
|
|
SCC
77
Second Curve Capital
Radnor,
Pennsylvania
| – | -$21.9M | -1,294,451 | Closed |
|
|
BCM
78
Bridgeway Capital Management
Houston,
Texas
| – | -$1.96M | -116,200 | Closed |
|
|
ZCM
79
Zebra Capital Management
Stamford,
Connecticut
| – | -$425K | -25,143 | Closed |
|
|
RBA
80
Richard Bernstein Advisors
New York
| – | -$363K | -21,518 | Closed |
|
|
CIC
81
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$273K | -16,153 | Closed |
|
|
EMG
82
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$243K | -14,400 | Closed |
|
|
BA
83
Boston Advisors
Boston,
Massachusetts
| – | -$210K | -12,416 | Closed |
|
84
Neuberger Berman Group
New York
| – | -$181K | -10,689 | Closed |
|
85
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$123K | -7,305 | Closed |
|
86
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$59K | -3,500 | Closed |
|
|
DA
87
Denali Advisors
San Diego,
California
| – | -$2K | -96 | Closed |
|
TAYC Hedge Fund Activity: Q3 2013 in Review
76 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in TAYLOR CAPITAL GROUP INC (TAYC) for Q3 2013, worth a combined $170M — up 22% from $140M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TAYC and 10 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 37 added.
The largest buyer was Longfellow Investment Management, opening a new position worth an estimated $14M. The largest seller was Basswood Capital Management, cutting an estimated $39.8M.
- 76 institutional investors held TAYLOR CAPITAL GROUP INC (TAYC) as of Q3 2013, down from 77 in Q2 2013.
- Funds reported $170M of TAYLOR CAPITAL GROUP INC stock for Q3 2013, up 22% quarter-over-quarter.
- 10 funds opened new TAYLOR CAPITAL GROUP INC positions in Q3 2013 and 11 closed out, a net change of -1 holder.
- The largest TAYLOR CAPITAL GROUP INC buyer in Q3 2013 was Longfellow Investment Management, an estimated $14M added.
- The largest TAYLOR CAPITAL GROUP INC seller in Q3 2013 was Basswood Capital Management, an estimated $39.8M sold.
Based on aggregated 13F filings for Q3 2013.