TriCo Bancshares
TCBK
131 hedge funds and large institutions have $697M invested in TriCo Bancshares in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 14 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 29
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
15% more capital invested
Capital invested by funds: $605M → $697M (+$91.7M)
7% more funds holding
Funds holding: 122 → 131 (+9)
10.98% less ownership
Funds ownership: 70.32% → 59.33% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$9.75M |
| 3 |
BlackRock
New York
|
+$9.28M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$8.66M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$4.5M |
| 2 |
Millennium Management
New York
|
-$4.18M |
| 3 |
Morgan Stanley
New York
|
-$3.22M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.15M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.07M |
TCBK Hedge Fund Activity: Q3 2018 in Review
131 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q3 2018, worth a combined $697M — up 15% from $605M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TCBK positions and 14 closed out — a net gain of 9 holders — while 55 added to existing stakes and 29 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.4M. The largest seller was LSV Asset Management, cutting an estimated $4.5M.
- 131 institutional investors held TriCo Bancshares (TCBK) as of Q3 2018, up from 122 in Q2 2018.
- Funds reported $697M of TriCo Bancshares stock for Q3 2018, up 15% quarter-over-quarter.
- 23 funds opened new TriCo Bancshares positions in Q3 2018 and 14 closed out, a net change of +9 holders.
- The largest TriCo Bancshares buyer in Q3 2018 was Vanguard Group, an estimated $10.4M added.
- The largest TriCo Bancshares seller in Q3 2018 was LSV Asset Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2018.