TriCo Bancshares
TCBK
132 hedge funds and large institutions have $691M invested in TriCo Bancshares in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 27 reducing their positions, and 11 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 27
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
4% more funds holding
Funds holding: 127 → 132 (+5)
1.39% more ownership
Funds ownership: 60.98% → 62.38% (+1.4%)
1% less capital invested
Capital invested by funds: $702M → $691M (-$10.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.47M |
| 2 |
BlackRock
New York
|
+$3.6M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.48M |
| 4 |
Renaissance Technologies
New York
|
+$1.83M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.8M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.65M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.59M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$1.4M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.26M |
TCBK Hedge Fund Activity: Q3 2019 in Review
132 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q3 2019, worth a combined $691M — down 1.5% from $702M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TCBK positions and 11 closed out — a net gain of 5 holders — while 53 added to existing stakes and 27 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.47M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $3.8M.
- 132 institutional investors held TriCo Bancshares (TCBK) as of Q3 2019, up from 127 in Q2 2019.
- Funds reported $691M of TriCo Bancshares stock for Q3 2019, down 1.5% quarter-over-quarter.
- 16 funds opened new TriCo Bancshares positions in Q3 2019 and 11 closed out, a net change of +5 holders.
- The largest TriCo Bancshares buyer in Q3 2019 was Millennium Management, an estimated $4.47M added.
- The largest TriCo Bancshares seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $3.8M sold.
Based on aggregated 13F filings for Q3 2019.