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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.07M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$3.63M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$2.51M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.71M |
| 5 |
Millennium Management
New York
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.7M |
| 2 |
BlackRock
New York
|
-$3.34M |
| 3 |
Renaissance Technologies
New York
|
-$1.31M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.3M |
| 5 |
JP Morgan Chase
New York
|
-$841K |
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.