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Towne Bank
TOWN

139 hedge funds and large institutions have $661M invested in Towne Bank in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 45 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

231% more call options, than puts

Call options by funds: $2.12M | Put options by funds: $640K

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

4% more funds holding

Funds holding: 134 → 139 (+5)

4% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 45

4% more capital invested

Capital invested by funds: $634M → $661M (+$27M)

0.08% more ownership

Funds ownership: 48.25% → 48.33% (+0.08%)

Holders
139
Holders Change
+5
Holders Change %
+3.73%
% of All Funds
2.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
47
Reduced
45
Closed
11
Calls
$2.12M
Puts
$640K
Net Calls
+$1.48M
Net Calls Change
+$842K

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$4.07M
2
NI
Nuance Investments
Missouri
+$3.63M
3
CIP
Chartwell Investment Partners
Pennsylvania
+$2.51M
4
American Century Companies
American Century Companies
Missouri
+$1.71M
5
Millennium Management
Millennium Management
New York
+$1.63M

Top Sellers

Rank Fund Capital Flow
1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$11.7M
2
BlackRock
BlackRock
New York
-$3.34M
3
Renaissance Technologies
Renaissance Technologies
New York
-$1.31M
4
PPA
Parametric Portfolio Associates
Washington
-$1.3M
5
JP Morgan Chase
JP Morgan Chase
New York
-$841K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$2.67M +$330K +17,808 +14%
DA
27
Denali Advisors
California
$2.46M +$947K +51,049 +64%
RhumbLine Advisers
28
RhumbLine Advisers
Massachusetts
$2.29M +$36.3K +1,954 +2%
MAM
29
Martingale Asset Management
Massachusetts
$2.15M -$22.3K -1,200 -1%
PP
30
Palladium Partners
Virginia
$2.13M -$45.5K -2,451 -2%
New York State Common Retirement Fund
31
New York State Common Retirement Fund
New York
$2.09M +$83.5K +4,500 +4%
AllianceBernstein
32
AllianceBernstein
Tennessee
$2.07M +$139K +7,466 +7%
California State Teachers Retirement System (CalSTRS)
33
California State Teachers Retirement System (CalSTRS)
California
$1.91M – – –
RHCA
34
Rosenthal Henry Capital Advisors
Indiana
$1.88M – – –
RJA
35
Raymond James & Associates
Florida
$1.75M +$161K +8,658 +10%
BSW
36
Buckingham Strategic Wealth
Missouri
$1.74M -$584K -31,453 -25%
Millennium Management
37
Millennium Management
New York
$1.65M +$1.63M +87,599 New
Barclays
38
Barclays
United Kingdom
$1.56M +$820K +44,214 +114%
Invesco
39
Invesco
Georgia
$1.44M -$197K -10,602 -12%
CS
40
Credit Suisse
Switzerland
$1.41M +$159K +8,577 +13%
PPA
41
Parametric Portfolio Associates
Washington
$1.32M -$1.3M -69,942 -50%
Hotchkis & Wiley Capital Management
42
Hotchkis & Wiley Capital Management
California
$1.31M +$43K +2,320 +3%
HSBC Holdings
43
HSBC Holdings
United Kingdom
$1.22M -$191K -10,305 -14%
State Board of Administration of Florida Retirement System
44
State Board of Administration of Florida Retirement System
Florida
$1.18M – – –
DC
45
Davenport & Co
Virginia
$1.09M -$157K -8,446 -13%
UBS AM
46
UBS AM
Illinois
$1.08M -$214K -11,559 -17%
First Trust Advisors
47
First Trust Advisors
Illinois
$1.06M -$415K -22,387 -28%
Brown Advisory
48
Brown Advisory
Maryland
$971K +$612 +33 +0.1%
CAPTRUST Financial Advisors
49
CAPTRUST Financial Advisors
North Carolina
$970K +$983K +52,980 New
JP Morgan Chase
50
JP Morgan Chase
New York
$964K -$841K -45,318 -47%
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TOWN Hedge Fund Activity: Q2 2020 in Review

139 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2020, worth a combined $661M — up 4.3% from $634M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TOWN positions and 11 closed out — a net gain of 6 holders — while 47 added to existing stakes and 45 trimmed.

The largest buyer was Vanguard Group, adding an estimated $4.07M. The largest seller was T. Rowe Price Associates, cutting an estimated $11.7M.

  • 139 institutional investors held Towne Bank (TOWN) as of Q2 2020, up from 134 in Q1 2020.
  • Funds reported $661M of Towne Bank stock for Q2 2020, up 4.3% quarter-over-quarter.
  • 17 funds opened new Towne Bank positions in Q2 2020 and 11 closed out, a net change of +6 holders.
  • The largest Towne Bank buyer in Q2 2020 was Vanguard Group, an estimated $4.07M added.
  • The largest Towne Bank seller in Q2 2020 was T. Rowe Price Associates, an estimated $11.7M sold.

Based on aggregated 13F filings for Q2 2020.