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Texas Capital Bancshares

238 hedge funds and large institutions have $2.31B invested in Texas Capital Bancshares in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 103 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 30

0.53% more ownership

Funds ownership: 97.38%97.91% (+0.53%)

0% less funds holding

Funds holding: 239238 (-1)

16% less capital invested

Capital invested by funds: $2.74B → $2.31B (-$425M)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

21% less call options, than puts

Call options by funds: $2.03M | Put options by funds: $2.55M

33% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 103

Holders
238
Holders Change
-1
Holders Change %
-0.42%
% of All Funds
3.79%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
31
Increased
69
Reduced
103
Closed
30
Calls
$2.03M
Puts
$2.55M
Net Calls
-$524K
Net Calls Change
+$2.65M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$281M -$6.8M -110,761 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$239M -$4.22M -68,658 -1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$159M +$3.15M +51,353 +2%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$153M -$31.4M -510,665 -14%
State Street
5
State Street
Massachusetts
$123M -$6.73M -109,536 -4%
AllianceBernstein
6
AllianceBernstein
Tennessee
$119M -$4.78M -77,901 -3%
BCM
7
Basswood Capital Management
New York
$101M +$82.3M +1,340,025 +184%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$73.4M +$11.8M +191,699 +15%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$56.8M -$881K -14,347 -1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$47.7M +$944K +15,366 +2%
Holocene Advisors
11
Holocene Advisors
New York
$46.3M +$12.2M +198,013 +26%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$44.9M -$2.85M -46,445 -5%
HA
13
Heartland Advisors
Wisconsin
$33.7M +$5.72M +93,162 +16%
William Blair Investment Management
14
William Blair Investment Management
Illinois
$33.5M +$91.2K +1,485 +0.2%
Citadel Advisors
15
Citadel Advisors
Florida
$32.2M +$6.51M +106,058 +19%
Northern Trust
16
Northern Trust
Illinois
$32.1M -$9.62M -156,629 -19%
Invesco
17
Invesco
Georgia
$31.2M +$446K +7,255 +1%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$31M +$2.03M +33,063 +6%
Jacobs Levy Equity Management
19
Jacobs Levy Equity Management
New Jersey
$27.4M -$70.7K -1,151 -0.2%
Norges Bank
20
Norges Bank
Norway
$25.9M +$2.16M +35,129 +7%
Charles Schwab
21
Charles Schwab
California
$25.1M -$462K -7,520 -1%
ACB
22
Aristotle Capital Boston
Massachusetts
$25M +$221K +3,590 +0.7%
GIM
23
Granahan Investment Management
Massachusetts
$23.3M -$2.82M -45,837 -9%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$20.3M -$799K -13,014 -3%
Goldman Sachs
25
Goldman Sachs
New York
$19.5M +$8.78M +142,988 +56%

TCBI Hedge Fund Activity: Q1 2023 in Review

238 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q1 2023, worth a combined $2.31B — down 16% from $2.74B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TCBI positions and 30 closed out — a net gain of 1 holder — while 69 added to existing stakes and 103 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $82.3M. The largest seller was North Reef Capital Management, cutting an estimated $54.2M.

  • 238 institutional investors held Texas Capital Bancshares (TCBI) as of Q1 2023, down from 239 in Q4 2022.
  • Funds reported $2.31B of Texas Capital Bancshares stock for Q1 2023, down 16% quarter-over-quarter.
  • 31 funds opened new Texas Capital Bancshares positions in Q1 2023 and 30 closed out, a net change of +1 holder.
  • The largest Texas Capital Bancshares buyer in Q1 2023 was Basswood Capital Management, an estimated $82.3M added.
  • The largest Texas Capital Bancshares seller in Q1 2023 was North Reef Capital Management, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2023.