The Bancorp
TBBK
94 hedge funds and large institutions have $218M invested in The Bancorp in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 21 reducing their positions, and 17 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 21
3.01% more ownership
Funds ownership: 73.88% → 76.89% (+3%)
11% less funds holding
Funds holding: 106 → 94 (-12)
32% less capital invested
Capital invested by funds: $321M → $218M (-$103M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.7M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$4.21M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$3.51M |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.76M |
| 5 |
GJL
Gendell Jeffrey L
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$3.72M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.69M |
| 3 |
Renaissance Technologies
New York
|
-$1.3M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.26M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.25M |
TBBK Hedge Fund Activity: Q1 2017 in Review
94 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q1 2017, worth a combined $218M — down 32% from $321M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TBBK and 10 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 42 added.
The largest buyer was BlackRock, adding an estimated $18.7M. The largest seller was Pacific Ridge Capital Partners, exiting entirely with an estimated $3.72M sold.
- 94 institutional investors held The Bancorp (TBBK) as of Q1 2017, down from 106 in Q4 2016.
- Funds reported $218M of The Bancorp stock for Q1 2017, down 32% quarter-over-quarter.
- 10 funds opened new The Bancorp positions in Q1 2017 and 17 closed out, a net change of -7 holders.
- The largest The Bancorp buyer in Q1 2017 was BlackRock, an estimated $18.7M added.
- The largest The Bancorp seller in Q1 2017 was Pacific Ridge Capital Partners, an estimated $3.72M sold.
Based on aggregated 13F filings for Q1 2017.