Towne Bank
TOWN
78 hedge funds and large institutions have $98.5M invested in Towne Bank in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
10% more funds holding
Funds holding: 71 → 78 (+7)
6% less capital invested
Capital invested by funds: $105M → $98.5M (-$6.54M)
Top Buyers
Top Sellers
TOWN Hedge Fund Activity: Q3 2014 in Review
78 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q3 2014, worth a combined $98.5M — down 6.2% from $105M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TOWN positions and 4 closed out — a net gain of 7 holders — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.67M. The largest seller was Nuance Investments, cutting an estimated $750K.
- 78 institutional investors held Towne Bank (TOWN) as of Q3 2014, up from 71 in Q2 2014.
- Funds reported $98.5M of Towne Bank stock for Q3 2014, down 6.2% quarter-over-quarter.
- 11 funds opened new Towne Bank positions in Q3 2014 and 4 closed out, a net change of +7 holders.
- The largest Towne Bank buyer in Q3 2014 was Ameriprise, an estimated $2.67M added.
- The largest Towne Bank seller in Q3 2014 was Nuance Investments, an estimated $750K sold.
Based on aggregated 13F filings for Q3 2014.