The Bancorp
TBBK
104 hedge funds and large institutions have $219M invested in The Bancorp in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
1% more funds holding
Funds holding: 103 → 104 (+1)
20% less capital invested
Capital invested by funds: $274M → $219M (-$54.9M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$4.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.21M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.63M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$1.41M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Consector Capital
New York
|
-$6.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$6.34M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.69M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$1.81M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.74M |
TBBK Hedge Fund Activity: Q3 2015 in Review
104 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q3 2015, worth a combined $219M — down 20% from $274M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TBBK positions and 9 closed out — a net gain of 3 holders — while 43 added to existing stakes and 33 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $4.17M. The largest seller was Consector Capital, exiting entirely with an estimated $6.5M sold.
- 104 institutional investors held The Bancorp (TBBK) as of Q3 2015, up from 103 in Q2 2015.
- Funds reported $219M of The Bancorp stock for Q3 2015, down 20% quarter-over-quarter.
- 12 funds opened new The Bancorp positions in Q3 2015 and 9 closed out, a net change of +3 holders.
- The largest The Bancorp buyer in Q3 2015 was Heartland Advisors, an estimated $4.17M added.
- The largest The Bancorp seller in Q3 2015 was Consector Capital, an estimated $6.5M sold.
Based on aggregated 13F filings for Q3 2015.