Texas Capital Bancshares
TCBI
245 hedge funds and large institutions have $2.76B invested in Texas Capital Bancshares in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 92 reducing their positions, and 22 closing their positions.
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
14% more capital invested
Capital invested by funds: $2.42B → $2.76B (+$345M)
8% more funds holding
Funds holding: 226 → 245 (+19)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.43% less ownership
Funds ownership: 98.05% → 97.62% (-0.43%)
23% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 92
45% less call options, than puts
Call options by funds: $1.79M | Put options by funds: $3.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$43.7M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$18.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.8M |
| 4 |
ClearBridge Investments
New York
|
+$13.7M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$28.9M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$18.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$17.8M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$16.2M |
| 5 |
Millennium Management
New York
|
-$11.1M |
TCBI Hedge Fund Activity: Q3 2023 in Review
245 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q3 2023, worth a combined $2.76B — up 14% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new TCBI positions and 22 closed out — a net gain of 20 holders — while 71 added to existing stakes and 92 trimmed.
The largest buyer was North Reef Capital Management, adding an estimated $43.7M. The largest seller was State Street, cutting an estimated $28.9M.
- 245 institutional investors held Texas Capital Bancshares (TCBI) as of Q3 2023, up from 226 in Q2 2023.
- Funds reported $2.76B of Texas Capital Bancshares stock for Q3 2023, up 14% quarter-over-quarter.
- 42 funds opened new Texas Capital Bancshares positions in Q3 2023 and 22 closed out, a net change of +20 holders.
- The largest Texas Capital Bancshares buyer in Q3 2023 was North Reef Capital Management, an estimated $43.7M added.
- The largest Texas Capital Bancshares seller in Q3 2023 was State Street, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2023.