Texas Capital Bancshares
TCBI
209 hedge funds and large institutions have $2.3B invested in Texas Capital Bancshares in 2015 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 82 increasing their positions, 63 reducing their positions, and 33 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 63
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1% less funds holding
Funds holding: 211 → 209 (-2)
13% less capital invested
Capital invested by funds: $2.66B → $2.3B (-$358M)
55% less call options, than puts
Call options by funds: $1.88M | Put options by funds: $4.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$28.8M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$24.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.6M |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$22.3M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$98.1M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$27.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$21.1M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$16.8M |
TCBI Hedge Fund Activity: Q1 2015 in Review
209 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2015, worth a combined $2.3B — down 13% from $2.66B a quarter earlier.
Fund positioning in TCBI was balanced in Q1 2015: 33 funds opened new positions, 33 closed out, 82 added to existing stakes and 63 trimmed.
The largest buyer was Millennium Management, adding an estimated $28.8M. The largest seller was Wells Fargo, cutting an estimated $98.1M.
- 209 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2015, down from 211 in Q4 2014.
- Funds reported $2.3B of Texas Capital Bancshares stock for Q1 2015, down 13% quarter-over-quarter.
- 33 funds opened new Texas Capital Bancshares positions in Q1 2015 and 33 closed out, a net change of 0 holders.
- The largest Texas Capital Bancshares buyer in Q1 2015 was Millennium Management, an estimated $28.8M added.
- The largest Texas Capital Bancshares seller in Q1 2015 was Wells Fargo, an estimated $98.1M sold.
Based on aggregated 13F filings for Q1 2015.