Texas Capital Bancshares
TCBI
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.
34% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 61
3% less funds holding
Funds holding: 209 → 203 (-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: 3 → 2 (-1)
67% less call options, than puts
Call options by funds: $692K | Put options by funds: $2.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$31.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$19.2M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$16.7M |
| 4 |
Millennium Management
New York
|
+$16M |
| 5 |
Renaissance Technologies
New York
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$31.9M |
| 2 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$25.4M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$23.4M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$20.8M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$17.9M |
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.