We are live on ! Find out more
TOWN icon

Towne Bank
TOWN

109 hedge funds and large institutions have $825M invested in Towne Bank in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 47 increasing their positions, 32 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 32

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.24% less ownership

Funds ownership: 43.06% → 42.82% (-0.24%)

5% less capital invested

Capital invested by funds: $868M → $825M (-$43.1M)

11% less funds holding

Funds holding: 123 → 109 (-14)

58% less call options, than puts

Call options by funds: $403K | Put options by funds: $970K

76% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 17

Holders
109
Holders Change
-14
Holders Change %
-11.38%
% of All Funds
2.72%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
4
Increased
47
Reduced
32
Closed
17
Calls
$403K
Puts
$970K
Net Calls
-$567K
Net Calls Change
-$1.49M

Top Buyers

1
CIP
Chartwell Investment Partners
Pennsylvania
+$5.58M
2
Norges Bank
Norges Bank
Norway
+$4.91M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$2.75M
4
State Street
State Street
Massachusetts
+$2.44M
5
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$2.23M

Top Sellers

1
Principal Financial Group
Principal Financial Group
Iowa
-$5.04M
2
MFAM
Motley Fool Asset Management
Virginia
-$3.73M
3
Wellington Management Group
Wellington Management Group
Massachusetts
-$3.38M
4
MFWM
Motley Fool Wealth Management
Virginia
-$3.35M
5
MFP
Michael F. Price
-$1.81M
Name Holding Trade Value Shares
Change 		Change in
Stake
TD Asset Management
51
TD Asset Management
Ontario, Canada
$1.12M +$186K +6,000 +20%
AIG
52
American International Group
New York
$1.08M +$35.7K +1,153 +3%
VRS
53
Virginia Retirement Systems
Virginia
$1.07M +$224K +7,254 +26%
RJA
54
Raymond James & Associates
Florida
$934K +$209K +6,748 +29%
Russell Investments Group
55
Russell Investments Group
United Kingdom
$930K +$84.4K +2,728 +10%
UBS AM
56
UBS AM
Illinois
$881K +$29.2K +943 +3%
VOYA Investment Management
57
VOYA Investment Management
Georgia
$847K +$63.8K +2,063 +8%
SBIA
58
Sheaff Brock Investment Advisors
Indiana
$770K -$30.9K -1,000 -4%
Allianz Asset Management
59
Allianz Asset Management
Germany
$731K – – –
LPL Financial
60
LPL Financial
California
$660K -$507K -16,384 -43%
Legal & General Group
61
Legal & General Group
United Kingdom
$589K +$7.43K +240 +1%
LCOV
62
London Company of Virginia
Virginia
$504K – – –
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
$472K +$474K +15,324 New
SM
64
Salzhauer Michael
$466K -$43.3K -1,398 -8%
JMPWA
65
JP Morgan Private Wealth Advisors
California
$440K – – –
SWP
66
Stratos Wealth Partners
Ohio
$383K +$19.6K +634 +5%
OPTFSNA
67
Old Point Trust & Financial Services N A
Virginia
$380K – – –
B
68
Barings
North Carolina
$370K -$371K -12,000 -50%
MWNA
69
Marshall Wace North America
New York
$367K +$366K +11,824 New
Public Employees Retirement Association of Colorado
70
Public Employees Retirement Association of Colorado
Colorado
$359K – – –
GI
71
GAMCO Investors
Connecticut
$339K – – –
DCM
72
Dupont Capital Management
Delaware
$310K – – –
IAA
73
Independent Advisor Alliance
North Carolina
$303K – – –
AIM
74
Anchor Investment Management
South Carolina
$294K +$7.74K +250 +3%
AF
75
Aldebaran Financial
$279K +$1.18K +38 +0.4%
1 2
3
4 5

TOWN Hedge Fund Activity: Q2 2017 in Review

109 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2017, worth a combined $825M — down 5% from $868M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of TOWN and 4 opened new positions — a net loss of 13 holders — while 32 trimmed existing stakes and 47 added.

The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $5.58M. The largest seller was Principal Financial Group, cutting an estimated $5.04M.

  • 109 institutional investors held Towne Bank (TOWN) as of Q2 2017, down from 123 in Q1 2017.
  • Funds reported $825M of Towne Bank stock for Q2 2017, down 5% quarter-over-quarter.
  • 4 funds opened new Towne Bank positions in Q2 2017 and 17 closed out, a net change of -13 holders.
  • The largest Towne Bank buyer in Q2 2017 was Chartwell Investment Partners, an estimated $5.58M added.
  • The largest Towne Bank seller in Q2 2017 was Principal Financial Group, an estimated $5.04M sold.

Based on aggregated 13F filings for Q2 2017.