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Texas Capital Bancshares

238 hedge funds and large institutions have $2.31B invested in Texas Capital Bancshares in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 103 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 30

0.53% more ownership

Funds ownership: 97.38%97.91% (+0.53%)

0% less funds holding

Funds holding: 239238 (-1)

16% less capital invested

Capital invested by funds: $2.74B → $2.31B (-$425M)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

21% less call options, than puts

Call options by funds: $2.03M | Put options by funds: $2.55M

33% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 103

Holders
238
Holders Change
-1
Holders Change %
-0.42%
% of All Funds
3.79%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
31
Increased
69
Reduced
103
Closed
30
Calls
$2.03M
Puts
$2.55M
Net Calls
-$524K
Net Calls Change
+$2.65M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
26
Kennedy Capital Management
Missouri
$18M +$823K +13,401 +4%
American Century Companies
27
American Century Companies
Missouri
$16.5M +$1.62M +26,426 +8%
Fisher Asset Management
28
Fisher Asset Management
Washington
$13.5M -$1.52M -24,735 -8%
WHG
29
Westwood Holdings Group
Texas
$13.2M +$2.06M +33,520 +14%
SVBP
30
Strategic Value Bank Partners
Ohio
$13M
BFC
31
Banc Funds Company
Illinois
$12M
Morgan Stanley
32
Morgan Stanley
New York
$11.9M -$510K -8,303 -3%
Ameriprise
33
Ameriprise
Minnesota
$11.2M +$1.28M +20,806 +10%
Principal Financial Group
34
Principal Financial Group
Iowa
$10.6M -$455K -7,407 -3%
N
35
Nuveen
North Carolina
$10.1M -$2.49M -40,528 -16%
Franklin Resources
36
Franklin Resources
California
$10.1M +$10.3K +168 +0.1%
UBS AM
37
UBS AM
Illinois
$9.97M +$290K +4,727 +2%
FCM
38
FJ Capital Management
Virginia
$9.69M +$12.2M +197,820 New
FHC
39
Forest Hill Capital
Arkansas
$9.5M -$614K -10,000 -5%
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$9.19M -$249K -4,046 -2%
Hotchkis & Wiley Capital Management
41
Hotchkis & Wiley Capital Management
California
$9.02M +$1.18M +19,200 +12%
ACH
42
ArrowMark Colorado Holdings
Colorado
$9.01M +$8.11M +132,000 +254%
NRCM
43
North Reef Capital Management
California
$8.97M -$54.2M -882,408 -83%
AQR Capital Management
44
AQR Capital Management
Connecticut
$8.84M +$4.2M +68,336 +60%
JCP
45
Jennifer C. Price
$8.57M -$7.68M -125,000 -42%
State of Wisconsin Investment Board
46
State of Wisconsin Investment Board
Wisconsin
$8.16M -$4.26M -69,404 -29%
Balyasny Asset Management
47
Balyasny Asset Management
Illinois
$7.58M +$9.5M +154,747 New
BCA
48
Bernzott Capital Advisors
California
$7.52M -$9.25M -150,612 -50%
GC
49
Guggenheim Capital
Illinois
$7.08M +$7.62K +124 +0.1%
Bank of America
50
Bank of America
North Carolina
$7M +$812K +13,227 +10%

TCBI Hedge Fund Activity: Q1 2023 in Review

238 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2023, worth a combined $2.31B — down 16% from $2.74B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TCBI positions and 30 closed out — a net gain of 1 holder — while 69 added to existing stakes and 103 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $82.3M. The largest seller was North Reef Capital Management, cutting an estimated $54.2M.

  • 238 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2023, down from 239 in Q4 2022.
  • Funds reported $2.31B of Texas Capital Bancshares stock for Q1 2023, down 16% quarter-over-quarter.
  • 31 funds opened new Texas Capital Bancshares positions in Q1 2023 and 30 closed out, a net change of +1 holder.
  • The largest Texas Capital Bancshares buyer in Q1 2023 was Basswood Capital Management, an estimated $82.3M added.
  • The largest Texas Capital Bancshares seller in Q1 2023 was North Reef Capital Management, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2023.