The Bancorp
TBBK
133 hedge funds and large institutions have $487M invested in The Bancorp in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 10 closing their positions.
170% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 10
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
14% more funds holding
Funds holding: 117 → 133 (+16)
11% more capital invested
Capital invested by funds: $440M → $487M (+$46.9M)
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0.57% more ownership
Funds ownership: 79.7% → 80.27% (+0.57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.52M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$8.05M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$4.31M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.16M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$21M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.63M |
| 3 |
Millennium Management
New York
|
-$4.48M |
| 4 |
GJL
Gendell Jeffrey L
|
-$3.19M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$2.56M |
TBBK Hedge Fund Activity: Q1 2018 in Review
133 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q1 2018, worth a combined $487M — up 11% from $440M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TBBK positions and 10 closed out — a net gain of 17 holders — while 45 added to existing stakes and 41 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $8.52M. The largest seller was Wellington Management Group, cutting an estimated $21M.
- 133 institutional investors held The Bancorp (TBBK) as of Q1 2018, up from 117 in Q4 2017.
- Funds reported $487M of The Bancorp stock for Q1 2018, up 11% quarter-over-quarter.
- 27 funds opened new The Bancorp positions in Q1 2018 and 10 closed out, a net change of +17 holders.
- The largest The Bancorp buyer in Q1 2018 was Frontier Capital Management, an estimated $8.52M added.
- The largest The Bancorp seller in Q1 2018 was Wellington Management Group, an estimated $21M sold.
Based on aggregated 13F filings for Q1 2018.