We are live on ! Find out more
TOWN icon

Towne Bank
TOWN

134 hedge funds and large institutions have $634M invested in Towne Bank in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $1.05M | Put options by funds: $416K

89% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 28

0.41% more ownership

Funds ownership: 47.85% → 48.25% (+0.41%)

5% less funds holding

Funds holding: 141 → 134 (-7)

24% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 21

34% less capital invested

Capital invested by funds: $959M → $634M (-$325M)

Holders
134
Holders Change
-7
Holders Change %
-4.96%
% of All Funds
2.95%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
53
Reduced
28
Closed
21
Calls
$1.05M
Puts
$416K
Net Calls
+$634K
Net Calls Change
-$728K

Top Buyers

Rank Fund Capital Flow
1
NI
Nuance Investments
Missouri
+$7.34M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$3.82M
3
BlackRock
BlackRock
New York
+$3.47M
4
MAM
Martingale Asset Management
Massachusetts
+$2.83M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$2.64M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$15.2M
2
First Trust Advisors
First Trust Advisors
Illinois
-$2.43M
3
Morgan Stanley
Morgan Stanley
New York
-$1.51M
4
Truist Financial
Truist Financial
North Carolina
-$1.37M
5
Goldman Sachs
Goldman Sachs
New York
-$1.32M
Name Holding Trade Value Shares
Change 		Change in
Stake
FSA
101
Franklin Street Advisors
North Carolina
$196K – – –
BCM
102
BHZ Capital Management
California
$193K – – –
AA
103
ALPS Advisors
Colorado
$192K +$261K +10,595 New
AB
104
Amalgamated Bank
New York
$187K -$8.52K -346 -3%
AAMU
105
Amundi Asset Management US
Massachusetts
$134K -$4.92K -200 -3%
Zurich Cantonal Bank
106
Zurich Cantonal Bank
Switzerland
$116K +$50.9K +2,067 +47%
AIP
107
Ameritas Investment Partners
Nebraska
$105K – – –
Canada Life
108
Canada Life
Manitoba, Canada
$101K +$984 +40 +0.7%
OC
109
Oakworth Capital
Alabama
$64K – – –
LWCFA
110
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$63K – – –
TSW
111
Thompson Siegel & Walmsley
Virginia
$51K – – –
Osaic Holdings
112
Osaic Holdings
Arizona
$47K +$65.1K +2,646 New
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$35K -$196K -7,978 -80%
Macquarie Group
114
Macquarie Group
Australia
$31K +$42.1K +1,711 New
CFA
115
Carroll Financial Associates
North Carolina
$26K – – –
EARNEST Partners
116
EARNEST Partners
Georgia
$25K – – –
HWA
117
Heritage Wealth Advisors
Virginia
$21.6K – – –
SBL
118
Sargent Bickham Lagudis
Colorado
$15K – – –
JCM
119
Jacobi Capital Management
Pennsylvania
$12K – – –
APW
120
Acima Private Wealth
Virginia
$9K – – –
VCM
121
Versant Capital Management
Arizona
$9K – – –
PCG
122
Private Capital Group
Connecticut
$7K +$7.97K +324 +1,013%
Ohio Public Employees Retirement System (OPERS)
123
Ohio Public Employees Retirement System (OPERS)
Ohio
$7K +$10.2K +413 New
CFGS
124
Concourse Financial Group Securities
Alabama
$6K – – –
QCG
125
Quadrant Capital Group
Ohio
$5K +$6.67K +271 +1,355%
3 4
5
6 7

TOWN Hedge Fund Activity: Q1 2020 in Review

134 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q1 2020, worth a combined $634M — down 34% from $959M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of TOWN and 16 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 53 added.

The largest buyer was Nuance Investments, opening a new position worth an estimated $7.34M. The largest seller was Millennium Management, exiting entirely with an estimated $15.2M sold.

  • 134 institutional investors held Towne Bank (TOWN) as of Q1 2020, down from 141 in Q4 2019.
  • Funds reported $634M of Towne Bank stock for Q1 2020, down 34% quarter-over-quarter.
  • 16 funds opened new Towne Bank positions in Q1 2020 and 21 closed out, a net change of -5 holders.
  • The largest Towne Bank buyer in Q1 2020 was Nuance Investments, an estimated $7.34M added.
  • The largest Towne Bank seller in Q1 2020 was Millennium Management, an estimated $15.2M sold.

Based on aggregated 13F filings for Q1 2020.