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Texas Capital Bancshares

200 hedge funds and large institutions have $2.55B 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 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 34 (+1)

14% more capital invested

Capital invested by funds: $2.24B → $2.55B (+$309M)

9% more call options, than puts

Call options by funds: $4.76M | Put options by funds: $4.38M

2% less funds holding

Funds holding: 205200 (-5)

13% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 24

Holders
200
Holders Change
-5
Holders Change %
-2.44%
% of All Funds
5.34%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
21
Increased
84
Reduced
58
Closed
24
Calls
$4.76M
Puts
$4.38M
Net Calls
+$378K
Net Calls Change
-$2.7M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$228M -$2.01M -39,967 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$205M +$4.94M +98,090 +3%
BFA
3
BlackRock Fund Advisors
California
$179M +$12.2M +241,599 +8%
State Street
4
State Street
Massachusetts
$98.8M +$867K +17,199 +1%
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$89.5M -$481K -9,548 -0.6%
AllianceBernstein
6
AllianceBernstein
Tennessee
$81.2M +$64.5K +1,280 +0.1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$80.6M +$5.1M +101,115 +7%
BIT
8
BlackRock Institutional Trust
California
$65.6M +$1.9M +37,611 +3%
WA
9
Wasatch Advisors
Utah
$63.6M -$116K -2,297 -0.2%
Goldman Sachs
10
Goldman Sachs
New York
$63.3M +$21.8M +432,814 +60%
Citadel Advisors
11
Citadel Advisors
Florida
$58.9M -$11.8M -233,739 -18%
DCM
12
Daruma Capital Management
New York
$58M -$1.97M -39,017 -4%
CCM
13
Channing Capital Management
Illinois
$52.3M +$2.37M +47,098 +5%
Northern Trust
14
Northern Trust
Illinois
$49.3M +$301K +5,969 +0.7%
Millennium Management
15
Millennium Management
New York
$48.6M +$14.3M +283,557 +47%
GKIM
16
GW&K Investment Management
Massachusetts
$47.7M +$1.41M +28,033 +3%
CGI
17
CI Global Investments
California
$47.3M -$21.9M -435,357 -34%
HA
18
Homestead Advisers
Virginia
$46.8M
EIP
19
Epoch Investment Partners
New York
$40.7M -$1.15M -22,811 -3%
Fisher Asset Management
20
Fisher Asset Management
Washington
$39.8M +$707K +14,029 +2%
FCM
21
Frontier Capital Management
Massachusetts
$39.6M +$3.22M +63,793 +10%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$37.9M +$829K +16,445 +2%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$34.7M -$2.08M -41,219 -6%
JP Morgan Chase
24
JP Morgan Chase
New York
$27.5M +$3.36M +66,609 +15%
AR
25
Advisory Research
Illinois
$26.6M +$24.4M +484,930 New

TCBI Hedge Fund Activity: Q3 2016 in Review

200 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q3 2016, worth a combined $2.55B — up 14% from $2.24B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of TCBI and 21 opened new positions — a net loss of 3 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.

  • 200 institutional investors held Texas Capital Bancshares (TCBI) as of Q3 2016, down from 205 in Q2 2016.
  • Funds reported $2.55B 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 24 closed out, a net change of -3 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.