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The Bancorp

112 hedge funds and large institutions have $543M invested in The Bancorp in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

18% more capital invested

Capital invested by funds: $461M → $543M (+$82M)

7% more funds holding

Funds holding: 105112 (+7)

3% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 39

Holders
112
Holders Change
+7
Holders Change %
+6.67%
% of All Funds
3.63%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.16%
New
17
Increased
38
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$64.2M -$791K -48,800 -1%
SCC
2
Second Curve Capital
Pennsylvania
$50.1M +$1.13M +70,000 +3%
PI
3
Putnam Investments
Massachusetts
$33.7M -$197K -12,143 -0.6%
Wells Fargo
4
Wells Fargo
California
$30.2M -$4.69M -289,198 -14%
EM
5
Endicott Management
New York
$29.3M
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$23.8M +$882K +54,388 +4%
BIT
7
BlackRock Institutional Trust
California
$19.5M +$455K +28,084 +3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$18.4M +$1.63M +100,839 +11%
Vanguard Group
9
Vanguard Group
Pennsylvania
$17.7M +$188K +11,619 +1%
SIMG
10
Stephens Investment Management Group
Texas
$16.9M +$15.5M +953,165 New
BFA
11
BlackRock Fund Advisors
California
$16.6M +$1.57M +96,592 +11%
Deutsche Bank
12
Deutsche Bank
Germany
$15.2M +$11.1M +682,765 +384%
YAM
13
Yacktman Asset Management
Texas
$14.4M -$25.7M -1,588,000 -66%
BIC
14
Beach Investment Counsel
Pennsylvania
$11.9M -$25.9K -1,600 -0.2%
CAM
15
Cortina Asset Management
Wisconsin
$11.4M +$2.22M +137,141 +27%
MCM
16
Munder Capital Management
Michigan
$9.6M -$3.81M -235,069 -30%
State Street
17
State Street
Massachusetts
$9.39M +$85.6K +5,280 +1%
Northern Trust
18
Northern Trust
Illinois
$8.08M -$5.21K -321 -0.1%
BP
19
Boston Provident
New Jersey
$7.85M +$446K +27,514 +7%
CCM
20
Castine Capital Management
Massachusetts
$7.62M -$1.62M -99,664 -19%
Fuller & Thaler Asset Management
21
Fuller & Thaler Asset Management
California
$7.23M -$1.29M -79,320 -16%
HA
22
Heartland Advisors
Wisconsin
$7.09M
RFC
23
Russell Frank Company
Washington
$6.42M +$953K +58,758 +19%
HAI
24
Hennessy Advisors Inc
California
$5.85M +$2.84M +175,000 +113%
MFP
25
Michael F. Price
$5.75M

TBBK Hedge Fund Activity: Q3 2013 in Review

112 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q3 2013, worth a combined $543M — up 18% from $461M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TBBK positions and 10 closed out — a net gain of 7 holders — while 38 added to existing stakes and 39 trimmed.

The largest buyer was Stephens Investment Management Group, opening a new position worth an estimated $15.5M. The largest seller was Yacktman Asset Management, cutting an estimated $25.7M.

  • 112 institutional investors held The Bancorp (TBBK) as of Q3 2013, up from 105 in Q2 2013.
  • Funds reported $543M of The Bancorp stock for Q3 2013, up 18% quarter-over-quarter.
  • 17 funds opened new The Bancorp positions in Q3 2013 and 10 closed out, a net change of +7 holders.
  • The largest The Bancorp buyer in Q3 2013 was Stephens Investment Management Group, an estimated $15.5M added.
  • The largest The Bancorp seller in Q3 2013 was Yacktman Asset Management, an estimated $25.7M sold.

Based on aggregated 13F filings for Q3 2013.