The Bancorp
TBBK
115 hedge funds and large institutions have $337M invested in The Bancorp in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
25% more funds holding
Funds holding: 92 → 115 (+23)
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
6% more capital invested
Capital invested by funds: $317M → $337M (+$19.8M)
2.19% less ownership
Funds ownership: 75.15% → 72.97% (-2.2%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.75M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$4.12M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.85M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$3.02M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$9.61M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$5.58M |
| 4 |
EM
Endicott Management
New York
|
-$5.03M |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$4.67M |
TBBK Hedge Fund Activity: Q3 2017 in Review
115 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q3 2017, worth a combined $337M — up 6.3% from $317M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TBBK positions and 7 closed out — a net gain of 23 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $5.75M. The largest seller was Wellington Management Group, cutting an estimated $10M.
- 115 institutional investors held The Bancorp (TBBK) as of Q3 2017, up from 92 in Q2 2017.
- Funds reported $337M of The Bancorp stock for Q3 2017, up 6.3% quarter-over-quarter.
- 30 funds opened new The Bancorp positions in Q3 2017 and 7 closed out, a net change of +23 holders.
- The largest The Bancorp buyer in Q3 2017 was Millennium Management, an estimated $5.75M added.
- The largest The Bancorp seller in Q3 2017 was Wellington Management Group, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2017.