Towne Bank
TOWN
195 hedge funds and large institutions have $1.05B invested in Towne Bank in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 59 increasing their positions, 71 reducing their positions, and 16 closing their positions.
0.3% more ownership
Funds ownership: 53.38% → 53.69% (+0.3%)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 196 → 195 (-1)
1% less capital invested
Capital invested by funds: $1.05B → $1.05B (-$6.84M)
17% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$6.76M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$3.59M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.99M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.51M |
| 5 |
BlackRock
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$106M |
| 2 |
Renaissance Technologies
New York
|
-$2.62M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.44M |
| 4 |
Goldman Sachs
New York
|
-$2.36M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.2M |
TOWN Hedge Fund Activity: Q3 2022 in Review
195 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q3 2022, worth a combined $1.05B — down 0.65% from $1.05B a quarter earlier.
Fund positioning in TOWN was balanced in Q3 2022: 16 funds opened new positions, 16 closed out, 59 added to existing stakes and 71 trimmed.
The largest buyer was LSV Asset Management, opening a new position worth an estimated $6.76M. The largest seller was T. Rowe Price Associates, cutting an estimated $106M.
- 195 institutional investors held Towne Bank (TOWN) as of Q3 2022, down from 196 in Q2 2022.
- Funds reported $1.05B of Towne Bank stock for Q3 2022, down 0.65% quarter-over-quarter.
- 16 funds opened new Towne Bank positions in Q3 2022 and 16 closed out, a net change of 0 holders.
- The largest Towne Bank buyer in Q3 2022 was LSV Asset Management, an estimated $6.76M added.
- The largest Towne Bank seller in Q3 2022 was T. Rowe Price Associates, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2022.