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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
Marshall Wace
76
Marshall Wace
United Kingdom
$3.37M +$4.23M +68,897 New
HF
77
HRT Financial
New York
$3.35M +$3.77M +61,347 +870%
Luther King Capital Management (LKCM)
78
Luther King Capital Management (LKCM)
Texas
$3.31M
Barclays
79
Barclays
United Kingdom
$3.13M +$1.71M +27,878 +77%
Retirement Systems of Alabama
80
Retirement Systems of Alabama
Alabama
$3.09M -$169K -2,754 -4%
MIIM
81
Mesirow Institutional Investment Management
Illinois
$3.05M +$3.82M +62,220 New
Two Sigma Advisers
82
Two Sigma Advisers
New York
$3.03M -$3.68M -59,900 -49%
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$3.03M -$94.8K -1,544 -2%
New York State Common Retirement Fund
84
New York State Common Retirement Fund
New York
$2.76M -$1.73M -28,224 -33%
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.73M -$176K -2,860 -5%
MIM
86
MetLife Investment Management
New Jersey
$2.65M -$152K -2,472 -4%
E
87
Ergoteles
New York
$2.62M +$3.29M +53,491 New
Susquehanna International Group
88
Susquehanna International Group
Pennsylvania
$2.61M -$5.99M -97,540 -65%
SCA
89
Stieven Capital Advisors
Missouri
$2.45M +$3.07M +50,000 New
Rafferty Asset Management
90
Rafferty Asset Management
New York
$2.38M +$1.51M +24,555 +102%
Millennium Management
91
Millennium Management
New York
$2.29M -$8.9M -144,948 -76%
SGCIA
92
Smith Graham & Co Investment Advisors
Texas
$2.23M -$67.6K -1,101 -2%
TPSF
93
Texas Permanent School Fund
Texas
$2.12M +$596K +9,704 +29%
HAI
94
Hennessy Advisors Inc
California
$2.11M -$2.27M -37,000 -46%
CI
95
Cambiar Investors
Colorado
$2.1M -$16.1K -262 -0.6%
MAM
96
Madison Asset Management
Wisconsin
$2.02M -$3.02M -49,098 -54%
MOACM
97
Mutual of America Capital Management
New York
$1.9M -$133K -2,163 -5%
CS
98
Credit Suisse
Switzerland
$1.86M +$798 +13 +0%
Deutsche Bank
99
Deutsche Bank
Germany
$1.82M +$534K +8,696 +31%
Ohio Public Employees Retirement System (OPERS)
100
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.78M +$134K +2,185 +6%

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.