Towne Bank
TOWN
214 hedge funds and large institutions have $1.4B invested in Towne Bank in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 63 reducing their positions, and 17 closing their positions.
11,567% more call options, than puts
Call options by funds: $350K | Put options by funds: $3K
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
25% more capital invested
Capital invested by funds: $1.12B → $1.4B (+$279M)
21% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 63
6% more funds holding
Funds holding: 202 → 214 (+12)
1.74% more ownership
Funds ownership: 56.44% → 58.18% (+1.7%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$62.6M |
| 2 |
Goldman Sachs
New York
|
+$5.34M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$5.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.89M |
| 5 |
BlackRock
New York
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$13.6M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$9.35M |
| 3 |
Millennium Management
New York
|
-$4.31M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$4.25M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.77M |
TOWN Hedge Fund Activity: Q3 2024 in Review
214 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q3 2024, worth a combined $1.4B — up 25% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TOWN positions and 17 closed out — a net gain of 13 holders — while 76 added to existing stakes and 63 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $62.6M. The largest seller was Nuance Investments, cutting an estimated $13.6M.
- 214 institutional investors held Towne Bank (TOWN) as of Q3 2024, up from 202 in Q2 2024.
- Funds reported $1.4B of Towne Bank stock for Q3 2024, up 25% quarter-over-quarter.
- 30 funds opened new Towne Bank positions in Q3 2024 and 17 closed out, a net change of +13 holders.
- The largest Towne Bank buyer in Q3 2024 was Victory Capital Management, an estimated $62.6M added.
- The largest Towne Bank seller in Q3 2024 was Nuance Investments, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2024.