The Bancorp
TBBK
106 hedge funds and large institutions have $321M invested in The Bancorp in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 9 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 23
96% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $10.3M
73.88% more ownership
Funds ownership: 0% → 73.88% (+74%)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
38% more capital invested
Capital invested by funds: $234M → $321M (+$87.6M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% more funds holding
Funds holding: 103 → 106 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$5.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.72M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.59M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$4.29M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5.11M |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
-$2.14M |
| 3 |
ZIC
ZWJ Investment Counsel
Atlanta,
Georgia
|
-$1.63M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$1.08M |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$795K |
TBBK Hedge Fund Activity: Q4 2016 in Review
106 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q4 2016, worth a combined $321M — up 38% from $234M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TBBK positions and 9 closed out — a net gain of 4 holders — while 47 added to existing stakes and 23 trimmed.
The largest buyer was Heartland Advisors, adding an estimated $5.6M. The largest seller was Nantahala Capital Management, cutting an estimated $5.11M.
- 106 institutional investors held The Bancorp (TBBK) as of Q4 2016, up from 103 in Q3 2016.
- Funds reported $321M of The Bancorp stock for Q4 2016, up 38% quarter-over-quarter.
- 13 funds opened new The Bancorp positions in Q4 2016 and 9 closed out, a net change of +4 holders.
- The largest The Bancorp buyer in Q4 2016 was Heartland Advisors, an estimated $5.6M added.
- The largest The Bancorp seller in Q4 2016 was Nantahala Capital Management, an estimated $5.11M sold.
Based on aggregated 13F filings for Q4 2016.