The Bancorp
TBBK
193 hedge funds and large institutions have $1.38B invested in The Bancorp in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 68 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
4.15% more ownership
Funds ownership: 85.19% → 89.34% (+4.1%)
4% more funds holding
Funds holding: 186 → 193 (+7)
6% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 68
2% more capital invested
Capital invested by funds: $1.35B → $1.38B (+$28.8M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
71% less call options, than puts
Call options by funds: $128K | Put options by funds: $448K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$9.98M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$9.08M |
| 4 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$9.07M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$22.3M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$13.7M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$9.48M |
| 4 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$8.67M |
| 5 |
Axa
Paris,
France
|
-$7.51M |
TBBK Hedge Fund Activity: Q1 2023 in Review
193 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q1 2023, worth a combined $1.38B — up 2.1% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TBBK positions and 20 closed out — a net gain of 9 holders — while 72 added to existing stakes and 68 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $11M. The largest seller was American Century Companies, cutting an estimated $22.3M.
- 193 institutional investors held The Bancorp (TBBK) as of Q1 2023, up from 186 in Q4 2022.
- Funds reported $1.38B of The Bancorp stock for Q1 2023, up 2.1% quarter-over-quarter.
- 29 funds opened new The Bancorp positions in Q1 2023 and 20 closed out, a net change of +9 holders.
- The largest The Bancorp buyer in Q1 2023 was Fidelity Investments, an estimated $11M added.
- The largest The Bancorp seller in Q1 2023 was American Century Companies, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2023.