TriCo Bancshares
TCBK
130 hedge funds and large institutions have $551M invested in TriCo Bancshares in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 48 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
5% more funds holding
Funds holding: 124 → 130 (+6)
4% more capital invested
Capital invested by funds: $528M → $551M (+$23.1M)
0.16% more ownership
Funds ownership: 67.65% → 67.81% (+0.16%)
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51.4M |
| 2 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$6.23M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.85M |
| 4 |
FG
FSI Group
Cincinnati,
Ohio
|
+$2.17M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$5.13M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$2.42M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$1.95M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$1.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
126
Howe & Rusling
Rochester,
New York
| $4K | -$497 | -14 | -12% |
|
127
Loomis, Sayles & Company
Boston,
Massachusetts
| $3K | – | – | – |
|
|
CHP
128
Cable Hill Partners
Portland,
Oregon
| $1K | – | – | – |
|
129
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
MAM
130
Meeder Asset Management
Dublin,
Ohio
| $1K | +$604 | +17 | New |
|
|
ERSOT
131
Employees Retirement System of Texas
Austin,
Texas
| – | -$1.95M | -57,000 | Closed |
|
|
132
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.56M | -45,560 | Closed |
|
133
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$246K | -7,200 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$8K | -232 | Closed |
|
TCBK Hedge Fund Activity: Q1 2017 in Review
130 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q1 2017, worth a combined $551M — up 4.4% from $528M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TCBK positions and 5 closed out — a net gain of 11 holders — while 42 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $51.4M. The largest seller was Jacobs Asset Management, cutting an estimated $5.13M.
- 130 institutional investors held TriCo Bancshares (TCBK) as of Q1 2017, up from 124 in Q4 2016.
- Funds reported $551M of TriCo Bancshares stock for Q1 2017, up 4.4% quarter-over-quarter.
- 16 funds opened new TriCo Bancshares positions in Q1 2017 and 5 closed out, a net change of +11 holders.
- The largest TriCo Bancshares buyer in Q1 2017 was BlackRock, an estimated $51.4M added.
- The largest TriCo Bancshares seller in Q1 2017 was Jacobs Asset Management, an estimated $5.13M sold.
Based on aggregated 13F filings for Q1 2017.