The Bancorp
TBBK
118 hedge funds and large institutions have $609M invested in The Bancorp in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
6% more capital invested
Capital invested by funds: $575M → $609M (+$33.5M)
4% more funds holding
Funds holding: 113 → 118 (+5)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$16.2M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$9.49M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$8.01M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
+$6.11M |
| 5 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$9.94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.74M |
| 3 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$6.33M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$4.3M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.03M |
TBBK Hedge Fund Activity: Q1 2014 in Review
118 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q1 2014, worth a combined $609M — up 5.8% from $575M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TBBK positions and 10 closed out — a net gain of 6 holders — while 44 added to existing stakes and 39 trimmed.
The largest buyer was State Street, adding an estimated $16.2M. The largest seller was Munder Capital Management, exiting entirely with an estimated $9.94M sold.
- 118 institutional investors held The Bancorp (TBBK) as of Q1 2014, up from 113 in Q4 2013.
- Funds reported $609M of The Bancorp stock for Q1 2014, up 5.8% quarter-over-quarter.
- 16 funds opened new The Bancorp positions in Q1 2014 and 10 closed out, a net change of +6 holders.
- The largest The Bancorp buyer in Q1 2014 was State Street, an estimated $16.2M added.
- The largest The Bancorp seller in Q1 2014 was Munder Capital Management, an estimated $9.94M sold.
Based on aggregated 13F filings for Q1 2014.