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Texas Capital Bancshares

203 hedge funds and large institutions have $2.55B invested in Texas Capital Bancshares in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 82 increasing their positions, 61 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 61

3% less funds holding

Funds holding: 209203 (-6)

17% less capital invested

Capital invested by funds: $3.09B → $2.55B (-$536M)

18% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 34

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

67% less call options, than puts

Call options by funds: $692K | Put options by funds: $2.08M

Holders
203
Holders Change
-6
Holders Change %
-2.87%
% of All Funds
5.84%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
28
Increased
82
Reduced
61
Closed
34
Calls
$692K
Puts
$2.08M
Net Calls
-$1.39M
Net Calls Change
+$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
NRECA
26
National Rural Electric Cooperative Association
Virginia
$27.7M
Bank of New York Mellon
27
Bank of New York Mellon
New York
$27.4M -$608K -10,836 -2%
Franklin Resources
28
Franklin Resources
California
$25.2M +$3.84M +68,500 +17%
EVM
29
Eaton Vance Management
Massachusetts
$23.2M +$1.4M +25,020 +6%
Fidelity Investments
30
Fidelity Investments
Massachusetts
$22.9M -$7.66M -136,547 -24%
HCM
31
Hodges Capital Management
Texas
$20.6M +$2.85M +50,830 +15%
TSW
32
Thompson Siegel & Walmsley
Virginia
$20.6M +$206K +3,671 +1%
State of Wisconsin Investment Board
33
State of Wisconsin Investment Board
Wisconsin
$19.8M -$1.28M -22,898 -6%
Neuberger Berman Group
34
Neuberger Berman Group
New York
$18.5M -$595K -10,601 -3%
Thrivent Financial for Lutherans
35
Thrivent Financial for Lutherans
Minnesota
$18.4M -$1.85M -32,970 -9%
GCM
36
Geneva Capital Management
Wisconsin
$18.1M +$1.21M +21,528 +7%
Fidelity International
37
Fidelity International
Bermuda
$16M +$16.7M +297,210 New
WRF
38
Waddell & Reed Financial
Kansas
$15.6M -$23.4M -417,566 -59%
Millennium Management
39
Millennium Management
New York
$15.4M +$16M +285,475 New
FMA
40
Fiduciary Management Associates
Illinois
$14.9M +$1.73M +30,795 +13%
Principal Financial Group
41
Principal Financial Group
Iowa
$14.6M +$104K +1,862 +0.7%
PIM
42
Perkins Investment Management
Illinois
$14.5M -$9.22M -164,419 -38%
FCM
43
Frontier Capital Management
Massachusetts
$14.3M +$858K +15,308 +6%
Ameriprise
44
Ameriprise
Minnesota
$14M +$397K +7,076 +3%
Alyeska Investment Group
45
Alyeska Investment Group
Illinois
$13.3M +$1.15M +20,594 +9%
Renaissance Technologies
46
Renaissance Technologies
New York
$13M +$13.5M +240,600 New
TCIM
47
TIAA CREF Investment Management
New York
$12.6M -$268K -4,784 -2%
Morgan Stanley
48
Morgan Stanley
New York
$12.6M -$12.4M -221,291 -49%
Geode Capital Management
49
Geode Capital Management
Massachusetts
$12.3M +$202K +3,594 +2%
Public Employees Retirement Association of Colorado
50
Public Employees Retirement Association of Colorado
Colorado
$12.2M

TCBI Hedge Fund Activity: Q2 2014 in Review

203 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q2 2014, worth a combined $2.55B — down 17% from $3.09B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of TCBI and 28 opened new positions — a net loss of 6 holders — while 61 trimmed existing stakes and 82 added.

The largest buyer was GW&K Investment Management, opening a new position worth an estimated $31.4M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $31.9M sold.

  • 203 institutional investors held Texas Capital Bancshares (TCBI) as of Q2 2014, down from 209 in Q1 2014.
  • Funds reported $2.55B of Texas Capital Bancshares stock for Q2 2014, down 17% quarter-over-quarter.
  • 28 funds opened new Texas Capital Bancshares positions in Q2 2014 and 34 closed out, a net change of -6 holders.
  • The largest Texas Capital Bancshares buyer in Q2 2014 was GW&K Investment Management, an estimated $31.4M added.
  • The largest Texas Capital Bancshares seller in Q2 2014 was Ranger Investment Management, an estimated $31.9M sold.

Based on aggregated 13F filings for Q2 2014.