TriCo Bancshares
TCBK
124 hedge funds and large institutions have $574M invested in TriCo Bancshares in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 15 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
0.47% less ownership
Funds ownership: 63.77% → 63.3% (-0.47%)
5% less funds holding
Funds holding: 131 → 124 (-7)
28% less capital invested
Capital invested by funds: $794M → $574M (-$219M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.66M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.51M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.18M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.16M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.28M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$3.63M |
| 3 |
Millennium Management
New York
|
-$2.94M |
| 4 |
JP Morgan Chase
New York
|
-$2.09M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
-$2.05M |
TCBK Hedge Fund Activity: Q1 2020 in Review
124 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TriCo Bancshares (TCBK) for Q1 2020, worth a combined $574M — down 28% from $794M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TCBK and 10 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 43 added.
The largest buyer was BlackRock, adding an estimated $5.66M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $4.28M.
- 124 institutional investors held TriCo Bancshares (TCBK) as of Q1 2020, down from 131 in Q4 2019.
- Funds reported $574M of TriCo Bancshares stock for Q1 2020, down 28% quarter-over-quarter.
- 10 funds opened new TriCo Bancshares positions in Q1 2020 and 15 closed out, a net change of -5 holders.
- The largest TriCo Bancshares buyer in Q1 2020 was BlackRock, an estimated $5.66M added.
- The largest TriCo Bancshares seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $4.28M sold.
Based on aggregated 13F filings for Q1 2020.