Texas Capital Bancshares
TCBI
196 hedge funds and large institutions have $2.56B invested in Texas Capital Bancshares in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 89 increasing their positions, 60 reducing their positions, and 30 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 60
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% less funds holding
Funds holding: 207 → 196 (-11)
14% less capital invested
Capital invested by funds: $2.97B → $2.56B (-$409M)
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
42% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $1.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$54.1M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$49.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$46M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
-$35.6M |
| 2 |
DCM
Daruma Capital Management
New York
|
-$23.3M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$16.2M |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$12.6M |
| 5 |
Millennium Management
New York
|
-$8.97M |
TCBI Hedge Fund Activity: Q3 2015 in Review
196 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q3 2015, worth a combined $2.56B — down 14% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TCBI and 20 opened new positions — a net loss of 10 holders — while 60 trimmed existing stakes and 89 added.
The largest buyer was Capital Research Global Investors, adding an estimated $54.1M. The largest seller was CI Global Investments, exiting entirely with an estimated $35.6M sold.
- 196 institutional investors held Texas Capital Bancshares (TCBI) as of Q3 2015, down from 207 in Q2 2015.
- Funds reported $2.56B of Texas Capital Bancshares stock for Q3 2015, down 14% quarter-over-quarter.
- 20 funds opened new Texas Capital Bancshares positions in Q3 2015 and 30 closed out, a net change of -10 holders.
- The largest Texas Capital Bancshares buyer in Q3 2015 was Capital Research Global Investors, an estimated $54.1M added.
- The largest Texas Capital Bancshares seller in Q3 2015 was CI Global Investments, an estimated $35.6M sold.
Based on aggregated 13F filings for Q3 2015.