Texas Capital Bancshares
TCBI
254 hedge funds and large institutions have $3.24B invested in Texas Capital Bancshares in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 86 increasing their positions, 85 reducing their positions, and 21 closing their positions.
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
17% more capital invested
Capital invested by funds: $2.76B → $3.24B (+$473M)
6.58% more ownership
Funds ownership: 97.62% → 104.2% (+6.6%)
4% more funds holding
Funds holding: 245 → 254 (+9)
1% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 85
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
86% less call options, than puts
Call options by funds: $737K | Put options by funds: $5.23M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$85.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$32.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$31.5M |
| 4 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$23.5M |
| 5 |
BlackRock
New York
|
+$16.6M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$32.2M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$19.7M |
| 3 |
Walleye Capital
New York
|
-$10.3M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$9.58M |
| 5 |
Holocene Advisors
New York
|
-$8.89M |
TCBI Hedge Fund Activity: Q4 2023 in Review
254 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Texas Capital Bancshares (TCBI) for Q4 2023, worth a combined $3.24B — up 17% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TCBI positions and 21 closed out — a net gain of 14 holders — while 86 added to existing stakes and 85 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $85.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $32.2M sold.
- 254 institutional investors held Texas Capital Bancshares (TCBI) as of Q4 2023, up from 245 in Q3 2023.
- Funds reported $3.24B of Texas Capital Bancshares stock for Q4 2023, up 17% quarter-over-quarter.
- 35 funds opened new Texas Capital Bancshares positions in Q4 2023 and 21 closed out, a net change of +14 holders.
- The largest Texas Capital Bancshares buyer in Q4 2023 was Morgan Stanley, an estimated $85.3M added.
- The largest Texas Capital Bancshares seller in Q4 2023 was Citadel Advisors, an estimated $32.2M sold.
Based on aggregated 13F filings for Q4 2023.