Texas Capital Bancshares
TCBI
169 hedge funds and large institutions have $1.92B invested in Texas Capital Bancshares in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 74 increasing their positions, 62 reducing their positions, and 27 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 62
4% more capital invested
Capital invested by funds: $1.84B → $1.92B (+$80.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 184 → 169 (-15)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
69% less call options, than puts
Call options by funds: $491K | Put options by funds: $1.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$30M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$20.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.5M |
| 4 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$12.4M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$33.4M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$16.9M |
| 3 |
Morgan Stanley
New York
|
-$16.5M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$12.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.76M |
TCBI Hedge Fund Activity: Q3 2013 in Review
169 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q3 2013, worth a combined $1.92B — up 4.4% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TCBI and 14 opened new positions — a net loss of 13 holders — while 62 trimmed existing stakes and 74 added.
The largest buyer was Citadel Advisors, adding an estimated $30M. The largest seller was Fred Alger Management, exiting entirely with an estimated $33.4M sold.
- 169 institutional investors held Texas Capital Bancshares (TCBI) as of Q3 2013, down from 184 in Q2 2013.
- Funds reported $1.92B of Texas Capital Bancshares stock for Q3 2013, up 4.4% quarter-over-quarter.
- 14 funds opened new Texas Capital Bancshares positions in Q3 2013 and 27 closed out, a net change of -13 holders.
- The largest Texas Capital Bancshares buyer in Q3 2013 was Citadel Advisors, an estimated $30M added.
- The largest Texas Capital Bancshares seller in Q3 2013 was Fred Alger Management, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2013.