Towne Bank
TOWN
202 hedge funds and large institutions have $1.12B invested in Towne Bank in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 56 reducing their positions, and 26 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 56
27% more call options, than puts
Call options by funds: $62K | Put options by funds: $49K
0.98% more ownership
Funds ownership: 55.46% → 56.44% (+0.98%)
1% less capital invested
Capital invested by funds: $1.13B → $1.12B (-$12.3M)
4% less funds holding
Funds holding: 211 → 202 (-9)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$26.9M |
| 2 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$4.68M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.04M |
| 4 |
RA
Royce & Associates
New York
|
+$3.98M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$23.9M |
| 2 |
Goldman Sachs
New York
|
-$11M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$5.09M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$3.1M |
| 5 |
JP Morgan Chase
New York
|
-$2.42M |
TOWN Hedge Fund Activity: Q2 2024 in Review
202 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2024, worth a combined $1.12B — down 1.1% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TOWN and 21 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 82 added.
The largest buyer was Janus Henderson Group, adding an estimated $26.9M. The largest seller was Nuance Investments, cutting an estimated $23.9M.
- 202 institutional investors held Towne Bank (TOWN) as of Q2 2024, down from 211 in Q1 2024.
- Funds reported $1.12B of Towne Bank stock for Q2 2024, down 1.1% quarter-over-quarter.
- 21 funds opened new Towne Bank positions in Q2 2024 and 26 closed out, a net change of -5 holders.
- The largest Towne Bank buyer in Q2 2024 was Janus Henderson Group, an estimated $26.9M added.
- The largest Towne Bank seller in Q2 2024 was Nuance Investments, an estimated $23.9M sold.
Based on aggregated 13F filings for Q2 2024.