The Bancorp
TBBK
214 hedge funds and large institutions have $1.61B invested in The Bancorp in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 78 reducing their positions, and 15 closing their positions.
140% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 15
17% more capital invested
Capital invested by funds: $1.38B → $1.61B (+$229M)
11% more call options, than puts
Call options by funds: $780K | Put options by funds: $701K
11% more funds holding
Funds holding: 193 → 214 (+21)
0.94% more ownership
Funds ownership: 89.34% → 90.28% (+0.94%)
5% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 78
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$12.6M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$12.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.51M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.45M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$16.8M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$8.79M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.47M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.47M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$6.42M |
TBBK Hedge Fund Activity: Q2 2023 in Review
214 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in The Bancorp (TBBK) for Q2 2023, worth a combined $1.61B — up 17% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TBBK positions and 15 closed out — a net gain of 21 holders — while 74 added to existing stakes and 78 trimmed.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $12.6M. The largest seller was BlackRock, cutting an estimated $16.8M.
- 214 institutional investors held The Bancorp (TBBK) as of Q2 2023, up from 193 in Q1 2023.
- Funds reported $1.61B of The Bancorp stock for Q2 2023, up 17% quarter-over-quarter.
- 36 funds opened new The Bancorp positions in Q2 2023 and 15 closed out, a net change of +21 holders.
- The largest The Bancorp buyer in Q2 2023 was Nantahala Capital Management, an estimated $12.6M added.
- The largest The Bancorp seller in Q2 2023 was BlackRock, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2023.