Texas Capital Bancshares
TCBI
187 hedge funds and large institutions have $1.82B invested in Texas Capital Bancshares in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 59 reducing their positions, and 39 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 59
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 203 → 187 (-16)
23% less capital invested
Capital invested by funds: $2.37B → $1.82B (-$549M)
36% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 39
37% less call options, than puts
Call options by funds: $4.99M | Put options by funds: $7.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
+$47.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$25.1M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$16.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$15.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$51.9M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$41.3M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$34.8M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$18M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$13.6M |
TCBI Hedge Fund Activity: Q1 2016 in Review
187 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2016, worth a combined $1.82B — down 23% from $2.37B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TCBI and 25 opened new positions — a net loss of 14 holders — while 59 trimmed existing stakes and 76 added.
The largest buyer was CI Global Investments, adding an estimated $47.1M. The largest seller was Nordea Investment Management, exiting entirely with an estimated $51.9M sold.
- 187 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2016, down from 203 in Q4 2015.
- Funds reported $1.82B of Texas Capital Bancshares stock for Q1 2016, down 23% quarter-over-quarter.
- 25 funds opened new Texas Capital Bancshares positions in Q1 2016 and 39 closed out, a net change of -14 holders.
- The largest Texas Capital Bancshares buyer in Q1 2016 was CI Global Investments, an estimated $47.1M added.
- The largest Texas Capital Bancshares seller in Q1 2016 was Nordea Investment Management, an estimated $51.9M sold.
Based on aggregated 13F filings for Q1 2016.