Texas Capital Bancshares
TCBI
209 hedge funds and large institutions have $3.09B invested in Texas Capital Bancshares in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 73 increasing their positions, 70 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
16% more capital invested
Capital invested by funds: $2.65B → $3.09B (+$433M)
8% more funds holding
Funds holding: 194 → 209 (+15)
4% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 70
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $3.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$112M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$58.6M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$42.5M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$38.4M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.8M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$27.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$22.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$13.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Nomura Holdings
Tokyo,
Japan
| – | -$425K | -6,838 | Closed |
|
227
Allianz Asset Management
Munich,
Germany
| – | -$397K | -6,377 | Closed |
|
228
Renaissance Technologies
New York
| – | -$379K | -6,100 | Closed |
|
|
ARTA
229
A.R.T. Advisors
New York
| – | -$285K | -4,589 | Closed |
|
|
CIM
230
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$236K | -3,795 | Closed |
|
TCBI Hedge Fund Activity: Q1 2014 in Review
209 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2014, worth a combined $3.09B — up 16% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TCBI positions and 21 closed out — a net gain of 17 holders — while 73 added to existing stakes and 70 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $112M. The largest seller was Fidelity Investments, cutting an estimated $65.8M.
- 209 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2014, up from 194 in Q4 2013.
- Funds reported $3.09B of Texas Capital Bancshares stock for Q1 2014, up 16% quarter-over-quarter.
- 38 funds opened new Texas Capital Bancshares positions in Q1 2014 and 21 closed out, a net change of +17 holders.
- The largest Texas Capital Bancshares buyer in Q1 2014 was Capital Research Global Investors, an estimated $112M added.
- The largest Texas Capital Bancshares seller in Q1 2014 was Fidelity Investments, an estimated $65.8M sold.
Based on aggregated 13F filings for Q1 2014.