Towne Bank
TOWN
104 hedge funds and large institutions have $227M invested in Towne Bank in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
5% more funds holding
Funds holding: 99 → 104 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $229M → $227M (-$1.23M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
101
Denali Advisors
San Diego,
California
| $4K | – | – | – |
|
102
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
JG
103
Jefferies Group
New York
| $3K | +$2.86K | +176 | New |
|
104
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $769 | +$51.5K | +3,170 | +7% |
|
|
CRC
105
Curi RMB Capital
Chicago,
Illinois
| – | -$1.1M | -68,700 | Closed |
|
|
CIC
106
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$1.08M | -67,210 | Closed |
|
|
NI
107
Nuance Investments
Kansas City,
Missouri
| – | -$1.05M | -65,099 | Closed |
|
|
GMIM
108
General Motors Investment Management
New York
| – | -$241K | -15,002 | Closed |
|
109
Axa
Paris,
France
| – | -$129K | -8,000 | Closed |
|
TOWN Hedge Fund Activity: Q2 2015 in Review
104 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2015, worth a combined $227M — down 0.54% from $229M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TOWN positions and 5 closed out — a net gain of 5 holders — while 37 added to existing stakes and 32 trimmed.
The largest buyer was Olstein Capital Management, opening a new position worth an estimated $2.32M. The largest seller was Wellington Management Group, cutting an estimated $4.5M.
- 104 institutional investors held Towne Bank (TOWN) as of Q2 2015, up from 99 in Q1 2015.
- Funds reported $227M of Towne Bank stock for Q2 2015, down 0.54% quarter-over-quarter.
- 10 funds opened new Towne Bank positions in Q2 2015 and 5 closed out, a net change of +5 holders.
- The largest Towne Bank buyer in Q2 2015 was Olstein Capital Management, an estimated $2.32M added.
- The largest Towne Bank seller in Q2 2015 was Wellington Management Group, an estimated $4.5M sold.
Based on aggregated 13F filings for Q2 2015.