Texas Capital Bancshares
TCBI
202 hedge funds and large institutions have $2.56B invested in Texas Capital Bancshares in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 84 increasing their positions, 58 reducing their positions, and 23 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 58
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more capital invested
Capital invested by funds: $2.24B → $2.56B (+$320M)
9% more call options, than puts
Call options by funds: $4.76M | Put options by funds: $4.38M
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 206 → 202 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$24.4M |
| 2 |
Goldman Sachs
New York
|
+$21.8M |
| 3 |
Millennium Management
New York
|
+$14.3M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$13.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$127M |
| 2 |
CGI
CI Global Investments
Oakland,
California
|
-$21.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.8M |
| 5 |
BCM
Basswood Capital Management
New York
|
-$10.2M |
TCBI Hedge Fund Activity: Q3 2016 in Review
202 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q3 2016, worth a combined $2.56B — up 14% from $2.24B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TCBI and 21 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 84 added.
The largest buyer was Advisory Research, opening a new position worth an estimated $24.4M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $127M sold.
- 202 institutional investors held Texas Capital Bancshares (TCBI) as of Q3 2016, down from 206 in Q2 2016.
- Funds reported $2.56B of Texas Capital Bancshares stock for Q3 2016, up 14% quarter-over-quarter.
- 21 funds opened new Texas Capital Bancshares positions in Q3 2016 and 23 closed out, a net change of -2 holders.
- The largest Texas Capital Bancshares buyer in Q3 2016 was Advisory Research, an estimated $24.4M added.
- The largest Texas Capital Bancshares seller in Q3 2016 was Capital Research Global Investors, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2016.