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Towne Bank

140 hedge funds and large institutions have $1.04B invested in Towne Bank in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $2.23M | Put options by funds: $905K

18% more capital invested

Capital invested by funds: $880M → $1.04B (+$160M)

2.26% more ownership

Funds ownership: 42.72%44.98% (+2.3%)

9% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 43

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

1% less funds holding

Funds holding: 141140 (-1)

Holders
140
Holders Change
-1
Holders Change %
-0.71%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
47
Reduced
43
Closed
14
Calls
$2.23M
Puts
$905K
Net Calls
+$1.33M
Net Calls Change
+$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
76
UBS Group
Switzerland
$682K +$272K +8,749 +70%
AIA
77
Arbor Investment Advisors
North Carolina
$667K
IWC
78
Integrated Wealth Concepts
Massachusetts
$573K
VIM
79
Vista Investment Management
Pennsylvania
$571K
XK
80
Xact Kapitalforvaltning
Sweden
$532K +$161K +5,200 +46%
LCOV
81
London Company of Virginia
Virginia
$525K
AIM
82
Anchor Investment Management
South Carolina
$518K +$186K +6,000 +59%
US Bancorp
83
US Bancorp
Minnesota
$516K -$9.06K -292 -2%
Citadel Advisors
84
Citadel Advisors
Florida
$507K -$320K -10,298 -39%
Victory Capital Management
85
Victory Capital Management
Texas
$491K +$65.2K +2,099 +16%
ZCM
86
Zebra Capital Management
Connecticut
$487K +$471K +15,166 New
Two Sigma Advisers
87
Two Sigma Advisers
New York
$455K +$71.4K +2,300 +19%
Teacher Retirement System of Texas
88
Teacher Retirement System of Texas
Texas
$422K -$35.3K -1,138 -8%
Citigroup
89
Citigroup
New York
$404K -$68.7K -2,213 -15%
SWP
90
Stratos Wealth Partners
Ohio
$400K -$68K -2,190 -15%
Public Employees Retirement Association of Colorado
91
Public Employees Retirement Association of Colorado
Colorado
$374K
AQR Capital Management
92
AQR Capital Management
Connecticut
$361K -$78.4K -2,524 -18%
GI
93
GAMCO Investors
Connecticut
$353K
SO
94
STRS Ohio
Ohio
$353K +$31K +1,000 +10%
Susquehanna International Group
95
Susquehanna International Group
Pennsylvania
$330K +$319K +10,288 New
Principal Financial Group
96
Principal Financial Group
Iowa
$315K -$10K -322 -3%
USAA
97
United Services Automobile Association
Texas
$315K
WG
98
Winton Group
United Kingdom
$296K -$495K -15,940 -63%
IAA
99
Independent Advisor Alliance
North Carolina
$290K
AB
100
Amalgamated Bank
New York
$288K +$18.2K +586 +7%

TOWN Hedge Fund Activity: Q2 2018 in Review

140 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2018, worth a combined $1.04B — up 18% from $880M a quarter earlier.

Fund positioning in TOWN was balanced in Q2 2018: 14 funds opened new positions, 14 closed out, 47 added to existing stakes and 43 trimmed.

The largest buyer was Northern Trust, adding an estimated $14.9M. The largest seller was Endeavour Capital Advisors, cutting an estimated $3.52M.

  • 140 institutional investors held Towne Bank (TOWN) as of Q2 2018, down from 141 in Q1 2018.
  • Funds reported $1.04B of Towne Bank stock for Q2 2018, up 18% quarter-over-quarter.
  • 14 funds opened new Towne Bank positions in Q2 2018 and 14 closed out, a net change of 0 holders.
  • The largest Towne Bank buyer in Q2 2018 was Northern Trust, an estimated $14.9M added.
  • The largest Towne Bank seller in Q2 2018 was Endeavour Capital Advisors, an estimated $3.52M sold.

Based on aggregated 13F filings for Q2 2018.