Texas Capital Bancshares
TCBI
214 hedge funds and large institutions have $1.04B invested in Texas Capital Bancshares in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 67 reducing their positions, and 73 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 67
1.23% less ownership
Funds ownership: 94.2% → 92.96% (-1.2%)
16% less funds holding
Funds holding: 254 → 214 (-40)
52% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 73
61% less capital invested
Capital invested by funds: $2.69B → $1.04B (-$1.65B)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
68% less call options, than puts
Call options by funds: $933K | Put options by funds: $2.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$57.9M |
| 2 |
Morgan Stanley
New York
|
+$49.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.1M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$32.5M |
| 5 |
JG
Jefferies Group
New York
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$88M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$65.3M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$64.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$34M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.9M |
TCBI Hedge Fund Activity: Q1 2020 in Review
214 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2020, worth a combined $1.04B — down 61% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of TCBI and 35 opened new positions — a net loss of 38 holders — while 67 trimmed existing stakes and 81 added.
The largest buyer was Credit Suisse, adding an estimated $57.9M. The largest seller was Wasatch Advisors, cutting an estimated $88M.
- 214 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2020, down from 254 in Q4 2019.
- Funds reported $1.04B of Texas Capital Bancshares stock for Q1 2020, down 61% quarter-over-quarter.
- 35 funds opened new Texas Capital Bancshares positions in Q1 2020 and 73 closed out, a net change of -38 holders.
- The largest Texas Capital Bancshares buyer in Q1 2020 was Credit Suisse, an estimated $57.9M added.
- The largest Texas Capital Bancshares seller in Q1 2020 was Wasatch Advisors, an estimated $88M sold.
Based on aggregated 13F filings for Q1 2020.