Texas Capital Bancshares
TCBI
226 hedge funds and large institutions have $2.42B invested in Texas Capital Bancshares in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 81 increasing their positions, 88 reducing their positions, and 32 closing their positions.
5% more capital invested
Capital invested by funds: $2.31B → $2.42B (+$105M)
0.14% more ownership
Funds ownership: 97.91% → 98.05% (+0.14%)
8% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 88
5% less funds holding
Funds holding: 238 → 226 (-12)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
78% less call options, than puts
Call options by funds: $824K | Put options by funds: $3.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$27.2M |
| 2 |
Millennium Management
New York
|
+$20M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$12M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$78.4M |
| 2 |
JCP
Jennifer C. Price
|
-$8.57M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.58M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$5.91M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$5.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
251
TCI Wealth Advisors
Tucson,
Arizona
| – | -$5.19K | -106 | Closed |
|
|
ASN
252
Advisory Services Network
Atlanta,
Georgia
| – | -$1.62K | -33 | Closed |
|
|
MCM
253
Manchester Capital Management
Manchester,
Vermont
| – | -$1.57K | -32 | Closed |
|
|
SFG
254
Steward Financial Group
Colleyville,
Texas
| – | -$1K | -26 | Closed |
|
|
TSW
255
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$1K | -24 | Closed |
|
|
SC
256
Schubert & Co
Mckinney,
Texas
| – | -$980 | -20 | Closed |
|
257
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$199 | -4 | -80% |
|
|
FMP
258
Financial Management Professionals
Austin,
Texas
| – | +$150 | +3 | New |
|
TCBI Hedge Fund Activity: Q2 2023 in Review
226 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q2 2023, worth a combined $2.42B — up 4.5% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TCBI and 21 opened new positions — a net loss of 11 holders — while 88 trimmed existing stakes and 81 added.
The largest buyer was North Reef Capital Management, adding an estimated $27.2M. The largest seller was Basswood Capital Management, cutting an estimated $78.4M.
- 226 institutional investors held Texas Capital Bancshares (TCBI) as of Q2 2023, down from 238 in Q1 2023.
- Funds reported $2.42B of Texas Capital Bancshares stock for Q2 2023, up 4.5% quarter-over-quarter.
- 21 funds opened new Texas Capital Bancshares positions in Q2 2023 and 32 closed out, a net change of -11 holders.
- The largest Texas Capital Bancshares buyer in Q2 2023 was North Reef Capital Management, an estimated $27.2M added.
- The largest Texas Capital Bancshares seller in Q2 2023 was Basswood Capital Management, an estimated $78.4M sold.
Based on aggregated 13F filings for Q2 2023.