We are live on ! Find out more
TOWN icon

Towne Bank
TOWN

131 hedge funds and large institutions have $843M invested in Towne Bank in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more capital invested

Capital invested by funds: $541M → $843M (+$302M)

51% more call options, than puts

Call options by funds: $3.28M | Put options by funds: $2.17M

40.65% more ownership

Funds ownership: 0% → 40.65% (+41%)

32% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 19

3% more funds holding

Funds holding: 127 → 131 (+4)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

7% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 42

Holders
131
Holders Change
+4
Holders Change %
+3.15%
% of All Funds
3.27%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
25
Increased
39
Reduced
42
Closed
19
Calls
$3.28M
Puts
$2.17M
Net Calls
+$1.11M
Net Calls Change
-$6.98M

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$33.6M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$31.8M
3
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$15.2M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$15M
5
BFA
BlackRock Fund Advisors
California
+$8.4M

Top Sellers

1
LBS
Lawrence B. Seidman
-$14.7M
2
MFP
Michael F. Price
-$6.34M
3
PFC
Phocas Financial Corp
California
-$5.16M
4
MFAM
Motley Fool Asset Management
Virginia
-$4.32M
5
BGIM
Brandywine Global Investment Management
Pennsylvania
-$3.46M
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$4.28M +$2.54M +88,280 +218%
Wells Fargo
27
Wells Fargo
California
$4.08M +$742K +25,752 +27%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$4.03M -$461K -16,000 -12%
Bank of America
29
Bank of America
North Carolina
$3.98M +$919K +31,862 +36%
California State Teachers Retirement System (CalSTRS)
30
California State Teachers Retirement System (CalSTRS)
California
$3.83M -$89.4K -3,100 -3%
MFAM
31
Motley Fool Asset Management
Virginia
$3.83M -$4.32M -150,000 -57%
MAM
32
Martingale Asset Management
Massachusetts
$3.78M +$150K +5,189 +5%
TA
33
Teachers Advisors
New York
$3.39M +$130K +4,514 +5%
State Board of Administration of Florida Retirement System
34
State Board of Administration of Florida Retirement System
Florida
$3.34M -$311K -10,777 -10%
RHCA
35
Rosenthal Henry Capital Advisors
Indiana
$3.33M +$2.88M +100,000 New
MFWM
36
Motley Fool Wealth Management
Virginia
$3.24M -$1.12M -38,789 -28%
JAM
37
Jupiter Asset Management
United Kingdom
$3.19M -$2.97M -102,857 -52%
Swiss National Bank
38
Swiss National Bank
Switzerland
$3.07M +$107K +3,700 +4%
PP
39
Palladium Partners
Virginia
$3.06M -$72.7K -2,521 -3%
AllianceBernstein
40
AllianceBernstein
Tennessee
$2.72M – – –
Susquehanna International Group
41
Susquehanna International Group
Pennsylvania
$2.56M +$2.22M +77,052 New
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$2.2M +$53.3K +1,849 +3%
CS
43
Credit Suisse
Switzerland
$2.17M +$14.2K +491 +0.8%
RJFSA
44
Raymond James Financial Services Advisors
Florida
$2.12M -$247K -8,573 -12%
Citigroup
45
Citigroup
New York
$1.9M +$1.49M +51,676 +964%
Bessemer Group
46
Bessemer Group
New Jersey
$1.76M – – –
PPA
47
Parametric Portfolio Associates
Washington
$1.75M -$6.03K -209 -0.4%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$1.63M -$376K -13,047 -21%
SFM
49
Signature Financial Management
Virginia
$1.62M -$184K -6,374 -12%
NFA
50
Nationwide Fund Advisors
Ohio
$1.46M -$67.3K -2,335 -5%
1
2
3 4 5

TOWN Hedge Fund Activity: Q4 2016 in Review

131 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q4 2016, worth a combined $843M — up 56% from $541M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new TOWN positions and 19 closed out — a net gain of 6 holders — while 39 added to existing stakes and 42 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $33.6M. The largest seller was Lawrence B. Seidman, exiting entirely with an estimated $14.7M sold.

  • 131 institutional investors held Towne Bank (TOWN) as of Q4 2016, up from 127 in Q3 2016.
  • Funds reported $843M of Towne Bank stock for Q4 2016, up 56% quarter-over-quarter.
  • 25 funds opened new Towne Bank positions in Q4 2016 and 19 closed out, a net change of +6 holders.
  • The largest Towne Bank buyer in Q4 2016 was Fidelity Investments, an estimated $33.6M added.
  • The largest Towne Bank seller in Q4 2016 was Lawrence B. Seidman, an estimated $14.7M sold.

Based on aggregated 13F filings for Q4 2016.