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Towne Bank
TOWN

202 hedge funds and large institutions have $1.12B invested in Towne Bank in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 56 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 56

27% more call options, than puts

Call options by funds: $62K | Put options by funds: $49K

0.98% more ownership

Funds ownership: 55.46% → 56.44% (+0.98%)

1% less capital invested

Capital invested by funds: $1.13B → $1.12B (-$12.3M)

4% less funds holding

Funds holding: 211 → 202 (-9)

19% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 26

Holders
202
Holders Change
-9
Holders Change %
-4.27%
% of All Funds
2.92%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
21
Increased
82
Reduced
56
Closed
26
Calls
$62K
Puts
$49K
Net Calls
+$13K
Net Calls Change
-$56K

Top Buyers

1
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$26.9M
2
CA
Clearstead Advisors
Ohio
+$4.68M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$4.04M
4
RA
Royce & Associates
New York
+$3.98M
5
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
+$3.88M

Top Sellers

1
NI
Nuance Investments
Missouri
-$23.9M
2
Goldman Sachs
Goldman Sachs
New York
-$11M
3
LSV Asset Management
LSV Asset Management
Illinois
-$5.09M
4
Victory Capital Management
Victory Capital Management
Texas
-$3.1M
5
JP Morgan Chase
JP Morgan Chase
New York
-$2.42M
Name Holding Trade Value Shares
Change 		Change in
Stake
Jacobs Levy Equity Management
26
Jacobs Levy Equity Management
New Jersey
$5.71M +$933K +34,665 +20%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$5.6M +$635K +23,592 +13%
DRZID
28
DePrince Race & Zollo Inc (DRZ)
Florida
$5.03M +$1.15M +42,641 +30%
First Trust Advisors
29
First Trust Advisors
Illinois
$5M +$54.2K +2,015 +1%
CA
30
Clearstead Advisors
Ohio
$4.75M +$4.68M +174,084 New
Voloridge Investment Management
31
Voloridge Investment Management
Florida
$4.61M +$2.37M +88,105 +109%
BFM
32
Boothbay Fund Management
New York
$4.27M +$1.45M +54,002 +53%
Invesco
33
Invesco
Georgia
$4.16M -$48.9K -1,819 -1%
Millennium Management
34
Millennium Management
New York
$4.15M -$317K -11,771 -7%
Swiss National Bank
35
Swiss National Bank
Switzerland
$4.01M +$191K +7,100 +5%
UBS AM
36
UBS AM
Illinois
$3.85M +$1.51M +56,215 +66%
LSV Asset Management
37
LSV Asset Management
Illinois
$3.74M -$5.09M -189,338 -58%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$3.69M +$28.4K +1,055 +0.8%
RJA
39
Raymond James & Associates
Florida
$3.15M -$1.84M -68,212 -37%
Qube Research & Technologies (QRT)
40
Qube Research & Technologies (QRT)
United Kingdom
$3.05M +$1.16M +43,076 +63%
NRCM
41
North Reef Capital Management
California
$3M +$2.96M +110,007 New
BSW
42
Buckingham Strategic Wealth
Missouri
$2.99M -$339K -12,616 -10%
Cerity Partners
43
Cerity Partners
New York
$2.94M -$227K -8,428 -7%
ECM
44
ExodusPoint Capital Management
New York
$2.77M +$1.5M +55,838 +122%
Hotchkis & Wiley Capital Management
45
Hotchkis & Wiley Capital Management
California
$2.73M +$26.9K +1,000 +1%
CSS
46
Cubist Systematic Strategies
Connecticut
$2.6M +$1.95M +72,464 +316%
PFO
47
PMC FIG Opportunities
Israel
$2.58M +$1.01M +37,369 +65%
DC
48
Davenport & Co
Virginia
$2.48M +$159K +5,902 +7%
AllianceBernstein
49
AllianceBernstein
Tennessee
$2.45M – – –
Rafferty Asset Management
50
Rafferty Asset Management
New York
$2.27M +$842K +31,298 +60%
1
2
3 4 5

TOWN Hedge Fund Activity: Q2 2024 in Review

202 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2024, worth a combined $1.12B — down 1.1% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TOWN and 21 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 82 added.

The largest buyer was Janus Henderson Group, adding an estimated $26.9M. The largest seller was Nuance Investments, cutting an estimated $23.9M.

  • 202 institutional investors held Towne Bank (TOWN) as of Q2 2024, down from 211 in Q1 2024.
  • Funds reported $1.12B of Towne Bank stock for Q2 2024, down 1.1% quarter-over-quarter.
  • 21 funds opened new Towne Bank positions in Q2 2024 and 26 closed out, a net change of -5 holders.
  • The largest Towne Bank buyer in Q2 2024 was Janus Henderson Group, an estimated $26.9M added.
  • The largest Towne Bank seller in Q2 2024 was Nuance Investments, an estimated $23.9M sold.

Based on aggregated 13F filings for Q2 2024.