We are live on ! Find out more
TOWN icon

Towne Bank
TOWN

140 hedge funds and large institutions have $1.04B invested in Towne Bank in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $2.23M | Put options by funds: $905K

18% more capital invested

Capital invested by funds: $880M → $1.04B (+$160M)

2.26% more ownership

Funds ownership: 42.72% → 44.98% (+2.3%)

9% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 43

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

1% less funds holding

Funds holding: 141 → 140 (-1)

Holders
140
Holders Change
-1
Holders Change %
-0.71%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
14
Increased
47
Reduced
43
Closed
14
Calls
$2.23M
Puts
$905K
Net Calls
+$1.33M
Net Calls Change
+$1.75M

Top Buyers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
+$14.9M
2
Bank of New York Mellon
Bank of New York Mellon
New York
+$13.2M
3
BlackRock
BlackRock
New York
+$11.3M
4
Millennium Management
Millennium Management
New York
+$8.85M
5
Goldman Sachs
Goldman Sachs
New York
+$5.81M

Top Sellers

Rank Fund Capital Flow
1
ECA
Endeavour Capital Advisors
Connecticut
-$3.52M
2
Bank of America
Bank of America
North Carolina
-$3.46M
3
BFC
Banc Funds Company
Illinois
-$3.38M
4
Morgan Stanley
Morgan Stanley
New York
-$1.81M
5
LBS
Lawrence B. Seidman
-$1.29M
Name Holding Trade Value Shares
Change 		Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$4.45M +$1.09M +35,217 +34%
Wells Fargo
27
Wells Fargo
California
$4.39M -$212K -6,824 -5%
ACL
28
Azora Capital LP
Florida
$4.19M +$4.05M +130,400 New
JAM
29
Jupiter Asset Management
United Kingdom
$4.08M -$123K -3,963 -3%
BSW
30
Buckingham Strategic Wealth
Missouri
$4.07M +$908K +29,248 +30%
TA
31
Teachers Advisors
New York
$3.94M +$243K +7,843 +7%
California Public Employees Retirement System
32
California Public Employees Retirement System
California
$3.92M +$91.9K +2,959 +2%
First Trust Advisors
33
First Trust Advisors
Illinois
$3.83M +$261K +8,404 +8%
PP
34
Palladium Partners
Virginia
$3.75M +$1.16M +37,381 +47%
AllianceBernstein
35
AllianceBernstein
Tennessee
$3.72M -$115K -3,710 -3%
Swiss National Bank
36
Swiss National Bank
Switzerland
$3.68M – – –
BTS
37
BB&T Securities
Virginia
$3.66M -$1.21M -38,993 -25%
RHCA
38
Rosenthal Henry Capital Advisors
Indiana
$3.53M – – –
California State Teachers Retirement System (CalSTRS)
39
California State Teachers Retirement System (CalSTRS)
California
$3.24M +$114K +3,679 +4%
MCA
40
Mendon Capital Advisors
Florida
$3.21M -$807K -26,000 -21%
IA
41
IndexIQ Advisors
New York
$2.46M +$203K +6,525 +9%
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$2.35M +$99.3K +3,200 +5%
ET
43
Equitable Trust
Tennessee
$2.33M +$2.25M +72,582 New
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$2.28M +$89.3K +2,875 +4%
MCM
45
Maltese Capital Management
New York
$2.25M +$1.4M +45,000 +180%
CS
46
Credit Suisse
Switzerland
$2.2M -$189K -6,086 -8%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$2.1M – – –
SFM
48
Signature Financial Management
Virginia
$1.9M -$167K -5,391 -8%
State Board of Administration of Florida Retirement System
49
State Board of Administration of Florida Retirement System
Florida
$1.85M – – –
Invesco
50
Invesco
Georgia
$1.82M +$104K +3,350 +6%
1
2
3 4 5

TOWN Hedge Fund Activity: Q2 2018 in Review

140 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2018, worth a combined $1.04B — up 18% from $880M a quarter earlier.

Fund positioning in TOWN was balanced in Q2 2018: 14 funds opened new positions, 14 closed out, 47 added to existing stakes and 43 trimmed.

The largest buyer was Northern Trust, adding an estimated $14.9M. The largest seller was Endeavour Capital Advisors, cutting an estimated $3.52M.

  • 140 institutional investors held Towne Bank (TOWN) as of Q2 2018, down from 141 in Q1 2018.
  • Funds reported $1.04B of Towne Bank stock for Q2 2018, up 18% quarter-over-quarter.
  • 14 funds opened new Towne Bank positions in Q2 2018 and 14 closed out, a net change of 0 holders.
  • The largest Towne Bank buyer in Q2 2018 was Northern Trust, an estimated $14.9M added.
  • The largest Towne Bank seller in Q2 2018 was Endeavour Capital Advisors, an estimated $3.52M sold.

Based on aggregated 13F filings for Q2 2018.