Texas Capital Bancshares
TCBI
258 hedge funds and large institutions have $2.9B invested in Texas Capital Bancshares in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 115 reducing their positions, and 20 closing their positions.
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
2% more funds holding
Funds holding: 254 → 258 (+4)
4.68% less ownership
Funds ownership: 104.2% → 99.52% (-4.7%)
10% less capital invested
Capital invested by funds: $3.24B → $2.9B (-$338M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
50% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 115
78% less call options, than puts
Call options by funds: $739K | Put options by funds: $3.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$23.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.76M |
| 4 |
Renaissance Technologies
New York
|
+$5.78M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$43.8M |
| 2 |
Holocene Advisors
New York
|
-$22.2M |
| 3 |
SVBP
Strategic Value Bank Partners
Cleveland,
Ohio
|
-$14.4M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$14.1M |
| 5 |
Bank of New York Mellon
New York
|
-$13M |
TCBI Hedge Fund Activity: Q1 2024 in Review
258 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2024, worth a combined $2.9B — down 10% from $3.24B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TCBI positions and 20 closed out — a net gain of 5 holders — while 57 added to existing stakes and 115 trimmed.
The largest buyer was North Reef Capital Management, adding an estimated $23.1M. The largest seller was Morgan Stanley, cutting an estimated $43.8M.
- 258 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2024, up from 254 in Q4 2023.
- Funds reported $2.9B of Texas Capital Bancshares stock for Q1 2024, down 10% quarter-over-quarter.
- 25 funds opened new Texas Capital Bancshares positions in Q1 2024 and 20 closed out, a net change of +5 holders.
- The largest Texas Capital Bancshares buyer in Q1 2024 was North Reef Capital Management, an estimated $23.1M added.
- The largest Texas Capital Bancshares seller in Q1 2024 was Morgan Stanley, an estimated $43.8M sold.
Based on aggregated 13F filings for Q1 2024.