The Bancorp
TBBK
110 hedge funds and large institutions have $279M invested in The Bancorp in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 19 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
3% more funds holding
Funds holding: 107 → 110 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
30% less capital invested
Capital invested by funds: $396M → $279M (-$118M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$9.83M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.34M |
| 3 |
ZIC
ZWJ Investment Counsel
Atlanta,
Georgia
|
+$3.19M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$3.18M |
| 5 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$16.2M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$7.76M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$6.25M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.43M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.11M |
TBBK Hedge Fund Activity: Q3 2014 in Review
110 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q3 2014, worth a combined $279M — down 30% from $396M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TBBK positions and 19 closed out — a net gain of 3 holders — while 36 added to existing stakes and 31 trimmed.
The largest buyer was State Street, adding an estimated $9.83M. The largest seller was Putnam Investments, cutting an estimated $16.2M.
- 110 institutional investors held The Bancorp (TBBK) as of Q3 2014, up from 107 in Q2 2014.
- Funds reported $279M of The Bancorp stock for Q3 2014, down 30% quarter-over-quarter.
- 22 funds opened new The Bancorp positions in Q3 2014 and 19 closed out, a net change of +3 holders.
- The largest The Bancorp buyer in Q3 2014 was State Street, an estimated $9.83M added.
- The largest The Bancorp seller in Q3 2014 was Putnam Investments, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2014.