Texas Capital Bancshares
TCBI
277 hedge funds and large institutions have $2.54B invested in Texas Capital Bancshares in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 106 increasing their positions, 86 reducing their positions, and 71 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
23% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 86
2.37% less ownership
Funds ownership: 101.14% → 98.77% (-2.4%)
7% less funds holding
Funds holding: 297 → 277 (-20)
27% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 71
39% less capital invested
Capital invested by funds: $4.19B → $2.54B (-$1.65B)
74% less call options, than puts
Call options by funds: $2.85M | Put options by funds: $11.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$77.5M |
| 2 |
Two Sigma Investments
New York
|
+$42.4M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$34.2M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$29.9M |
| 5 |
Two Sigma Advisers
New York
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$141M |
| 2 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$61.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$60.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$52.8M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$45.8M |
TCBI Hedge Fund Activity: Q4 2018 in Review
277 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q4 2018, worth a combined $2.54B — down 39% from $4.19B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of TCBI and 52 opened new positions — a net loss of 19 holders — while 86 trimmed existing stakes and 106 added.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $77.5M. The largest seller was Millennium Management, cutting an estimated $141M.
- 277 institutional investors held Texas Capital Bancshares (TCBI) as of Q4 2018, down from 297 in Q3 2018.
- Funds reported $2.54B of Texas Capital Bancshares stock for Q4 2018, down 39% quarter-over-quarter.
- 52 funds opened new Texas Capital Bancshares positions in Q4 2018 and 71 closed out, a net change of -19 holders.
- The largest Texas Capital Bancshares buyer in Q4 2018 was Fuller & Thaler Asset Management, an estimated $77.5M added.
- The largest Texas Capital Bancshares seller in Q4 2018 was Millennium Management, an estimated $141M sold.
Based on aggregated 13F filings for Q4 2018.