TriCo Bancshares
TCBK
122 hedge funds and large institutions have $587M invested in TriCo Bancshares in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 12 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
1.73% more ownership
Funds ownership: 63.3% → 65.03% (+1.7%)
2% more capital invested
Capital invested by funds: $574M → $587M (+$12.5M)
2% less funds holding
Funds holding: 124 → 122 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$5.78M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.7M |
| 3 |
Goldman Sachs
New York
|
+$3.63M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.75M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.19M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.46M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.65M |
| 4 |
Renaissance Technologies
New York
|
-$1.56M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
126
Bailard
Foster City,
California
| – | -$289K | -9,700 | Closed |
|
|
AG
127
Aperio Group
Sausalito,
California
| – | -$277K | -9,278 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$271K | -9,091 | Closed |
|
|
NFG
129
Next Financial Group
Houston,
Texas
| – | -$109K | -3,646 | Closed |
|
|
GSWM
130
Golden State Wealth Management
Santa Ana,
California
| – | -$69K | -2,321 | Closed |
|
131
Lazard Asset Management
New York
| – | -$38K | -1,279 | Closed |
|
|
HR
132
Howe & Rusling
Rochester,
New York
| – | -$3K | -106 | Closed |
|
|
PFO
133
Pathstone Family Office
Englewood,
New Jersey
| – | +$456 | +16 | New |
|
TCBK Hedge Fund Activity: Q2 2020 in Review
122 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q2 2020, worth a combined $587M — up 2.2% from $574M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TCBK and 10 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 49 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $5.78M. The largest seller was Fidelity Investments, cutting an estimated $6.19M.
- 122 institutional investors held TriCo Bancshares (TCBK) as of Q2 2020, down from 124 in Q1 2020.
- Funds reported $587M of TriCo Bancshares stock for Q2 2020, up 2.2% quarter-over-quarter.
- 10 funds opened new TriCo Bancshares positions in Q2 2020 and 12 closed out, a net change of -2 holders.
- The largest TriCo Bancshares buyer in Q2 2020 was Franklin Resources, an estimated $5.78M added.
- The largest TriCo Bancshares seller in Q2 2020 was Fidelity Investments, an estimated $6.19M sold.
Based on aggregated 13F filings for Q2 2020.