The Bancorp
TBBK
142 hedge funds and large institutions have $358M invested in The Bancorp in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 47 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
5% more funds holding
Funds holding: 135 → 142 (+7)
2% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.96% less ownership
Funds ownership: 80.55% → 79.58% (-0.96%)
18% less capital invested
Capital invested by funds: $436M → $358M (-$78.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.75M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$2.08M |
| 3 |
Goldman Sachs
New York
|
+$1.78M |
| 4 |
Millennium Management
New York
|
+$1.74M |
| 5 |
Renaissance Technologies
New York
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$2.99M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.53M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.24M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.24M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.05M |
TBBK Hedge Fund Activity: Q4 2018 in Review
142 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q4 2018, worth a combined $358M — down 18% from $436M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TBBK positions and 12 closed out — a net gain of 7 holders — while 48 added to existing stakes and 47 trimmed.
The largest buyer was AJO LP, adding an estimated $3.75M. The largest seller was Second Curve Capital, cutting an estimated $2.99M.
- 142 institutional investors held The Bancorp (TBBK) as of Q4 2018, up from 135 in Q3 2018.
- Funds reported $358M of The Bancorp stock for Q4 2018, down 18% quarter-over-quarter.
- 19 funds opened new The Bancorp positions in Q4 2018 and 12 closed out, a net change of +7 holders.
- The largest The Bancorp buyer in Q4 2018 was AJO LP, an estimated $3.75M added.
- The largest The Bancorp seller in Q4 2018 was Second Curve Capital, an estimated $2.99M sold.
Based on aggregated 13F filings for Q4 2018.