The Bancorp
TBBK
142 hedge funds and large institutions have $397M invested in The Bancorp in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 50 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
4% more funds holding
Funds holding: 137 → 142 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.69% less ownership
Funds ownership: 81.31% → 79.62% (-1.7%)
13% less capital invested
Capital invested by funds: $457M → $397M (-$59.9M)
22% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Acuitas Investments
Seattle,
Washington
|
+$3.42M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$2.74M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.31M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.77M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGM
Parian Global Management
Pound Ridge,
New York
|
-$4.31M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.78M |
| 3 |
Renaissance Technologies
New York
|
-$2.65M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.37M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.32M |
TBBK Hedge Fund Activity: Q3 2020 in Review
142 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q3 2020, worth a combined $397M — down 13% from $457M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TBBK positions and 16 closed out — a net gain of 6 holders — while 39 added to existing stakes and 50 trimmed.
The largest buyer was Acuitas Investments, opening a new position worth an estimated $3.42M. The largest seller was Parian Global Management, exiting entirely with an estimated $4.31M sold.
- 142 institutional investors held The Bancorp (TBBK) as of Q3 2020, up from 137 in Q2 2020.
- Funds reported $397M of The Bancorp stock for Q3 2020, down 13% quarter-over-quarter.
- 22 funds opened new The Bancorp positions in Q3 2020 and 16 closed out, a net change of +6 holders.
- The largest The Bancorp buyer in Q3 2020 was Acuitas Investments, an estimated $3.42M added.
- The largest The Bancorp seller in Q3 2020 was Parian Global Management, an estimated $4.31M sold.
Based on aggregated 13F filings for Q3 2020.