TriCo Bancshares
TCBK
122 hedge funds and large institutions have $605M invested in TriCo Bancshares in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 12 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
0% less capital invested
Capital invested by funds: $608M → $605M (-$2.89M)
0.8% less ownership
Funds ownership: 71.12% → 70.32% (-0.8%)
2% less funds holding
Funds holding: 125 → 122 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$7.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$6.18M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.67M |
| 4 |
BlackRock
New York
|
+$2.65M |
| 5 |
Millennium Management
New York
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$5.97M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.01M |
| 3 |
KAM
Kavi Asset Management
New York
|
-$4.02M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$3.36M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
126
BlueCrest Capital Management
St Helier,
Jersey
| – | -$597K | -16,048 | Closed |
|
|
CAN
127
Cetera Advisor Networks
El Segundo,
California
| – | -$591K | -15,848 | Closed |
|
|
SAM
128
Symphony Asset Management
San Francisco,
California
| – | -$442K | -11,893 | Closed |
|
129
Principal Financial Group
Des Moines,
Iowa
| – | -$264K | -7,082 | Closed |
|
|
BCM
130
Buckhead Capital Management
Atlanta,
Georgia
| – | -$256K | -6,875 | Closed |
|
|
TI
131
Trexquant Investment
Stamford,
Connecticut
| – | -$205K | -5,506 | Closed |
|
|
SO
132
STRS Ohio
Columbus,
Ohio
| – | -$52K | -1,400 | Closed |
|
|
SFM
133
Signet Financial Management
Parsippany,
New Jersey
| – | -$1K | -22 | Closed |
|
TCBK Hedge Fund Activity: Q2 2018 in Review
122 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q2 2018, worth a combined $605M — down 0.48% from $608M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TCBK and 10 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 41 added.
The largest buyer was BNP Paribas Asset Management, opening a new position worth an estimated $7.1M. The largest seller was LSV Asset Management, cutting an estimated $5.97M.
- 122 institutional investors held TriCo Bancshares (TCBK) as of Q2 2018, down from 125 in Q1 2018.
- Funds reported $605M of TriCo Bancshares stock for Q2 2018, down 0.48% quarter-over-quarter.
- 10 funds opened new TriCo Bancshares positions in Q2 2018 and 12 closed out, a net change of -2 holders.
- The largest TriCo Bancshares buyer in Q2 2018 was BNP Paribas Asset Management, an estimated $7.1M added.
- The largest TriCo Bancshares seller in Q2 2018 was LSV Asset Management, an estimated $5.97M sold.
Based on aggregated 13F filings for Q2 2018.