TriCo Bancshares
TCBK
120 hedge funds and large institutions have $727M invested in TriCo Bancshares in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 42 reducing their positions, and 16 closing their positions.
18% more capital invested
Capital invested by funds: $618M → $727M (+$109M)
0.73% more ownership
Funds ownership: 60.06% → 60.79% (+0.73%)
5% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 42
3% less funds holding
Funds holding: 124 → 120 (-4)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.86M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.36M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.03M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.15M |
| 5 |
Goldman Sachs
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$7.92M |
| 2 |
JP Morgan Chase
New York
|
-$4.79M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.62M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.85M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.46M |
TCBK Hedge Fund Activity: Q1 2019 in Review
120 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q1 2019, worth a combined $727M — up 18% from $618M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TCBK and 13 opened new positions — a net loss of 3 holders — while 42 trimmed existing stakes and 40 added.
The largest buyer was AllianceBernstein, adding an estimated $8.86M. The largest seller was Castine Capital Management, exiting entirely with an estimated $7.92M sold.
- 120 institutional investors held TriCo Bancshares (TCBK) as of Q1 2019, down from 124 in Q4 2018.
- Funds reported $727M of TriCo Bancshares stock for Q1 2019, up 18% quarter-over-quarter.
- 13 funds opened new TriCo Bancshares positions in Q1 2019 and 16 closed out, a net change of -3 holders.
- The largest TriCo Bancshares buyer in Q1 2019 was AllianceBernstein, an estimated $8.86M added.
- The largest TriCo Bancshares seller in Q1 2019 was Castine Capital Management, an estimated $7.92M sold.
Based on aggregated 13F filings for Q1 2019.