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Towne Bank

184 hedge funds and large institutions have $928M invested in Towne Bank in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 63 increasing their positions, 62 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 62

0.36% less ownership

Funds ownership: 55.3%54.94% (-0.36%)

5% less funds holding

Funds holding: 194184 (-10)

13% less capital invested

Capital invested by funds: $1.07B → $928M (-$142M)

36% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 28

66% less call options, than puts

Call options by funds: $213K | Put options by funds: $620K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
184
Holders Change
-10
Holders Change %
-5.15%
% of All Funds
2.89%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
63
Reduced
62
Closed
28
Calls
$213K
Puts
$620K
Net Calls
-$407K
Net Calls Change
-$490K
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
126
Anchor Investment Management
South Carolina
$279K
Public Employees Retirement Association of Colorado
127
Public Employees Retirement Association of Colorado
Colorado
$271K
GI
128
GAMCO Investors
Connecticut
$256K
HWAM
129
Hennion & Walsh Asset Management
New Jersey
$253K -$4.88K -203 -2%
MML Investors Services
130
MML Investors Services
Massachusetts
$252K +$1.23K +51 +0.5%
CWA
131
Canvas Wealth Advisors
Kansas
$227K +$211K +8,778 New
Commonwealth Equity Services
132
Commonwealth Equity Services
Massachusetts
$226K +$30.4K +1,263 +15%
EA
133
Ellsworth Advisors
Ohio
$226K +$2.07K +86 +0.9%
ProShare Advisors
134
ProShare Advisors
Maryland
$212K +$24K +1,000 +12%
Qube Research & Technologies (QRT)
135
Qube Research & Technologies (QRT)
United Kingdom
$212K +$219K +9,111 New
CWAG
136
Compton Wealth Advisory Group
Virginia
$206K -$80.6K -3,354 -27%
SPIA
137
Steward Partners Investment Advisory
New York
$196K
AB
138
Amalgamated Bank
New York
$161K -$6.73K -280 -4%
EWM
139
Evermay Wealth Management
Virginia
$141K
Parallax Volatility Advisers
140
Parallax Volatility Advisers
California
$135K +$139K +5,802 New
AIP
141
Ameritas Investment Partners
Nebraska
$135K +$9.83K +409 +8%
Osaic Holdings
142
Osaic Holdings
Arizona
$133K +$27K +1,124 +24%
Bessemer Group
143
Bessemer Group
New Jersey
$109K
RCM
144
Raleigh Capital Management
North Carolina
$101K
MLICM
145
Metropolitan Life Insurance Company (MetLife)
New York
$86.9K
Canada Life
146
Canada Life
Manitoba, Canada
$76K
Allspring Global Investments
147
Allspring Global Investments
North Carolina
$60.4K -$7.67K -319 -11%
SC
148
SouthState Corp
Florida
$53.8K
TRCT
149
Tower Research Capital (TRC)
New York
$41.3K -$1.42K -59 -3%
Federated Hermes
150
Federated Hermes
Pennsylvania
$38.4K -$19.3K -801 -33%

TOWN Hedge Fund Activity: Q2 2023 in Review

184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2023, worth a combined $928M — down 13% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of TOWN and 18 opened new positions — a net loss of 10 holders — while 62 trimmed existing stakes and 63 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $8.89M. The largest seller was Davenport & Co, cutting an estimated $10.3M.

  • 184 institutional investors held Towne Bank (TOWN) as of Q2 2023, down from 194 in Q1 2023.
  • Funds reported $928M of Towne Bank stock for Q2 2023, down 13% quarter-over-quarter.
  • 18 funds opened new Towne Bank positions in Q2 2023 and 28 closed out, a net change of -10 holders.
  • The largest Towne Bank buyer in Q2 2023 was T. Rowe Price Investment Management, an estimated $8.89M added.
  • The largest Towne Bank seller in Q2 2023 was Davenport & Co, an estimated $10.3M sold.

Based on aggregated 13F filings for Q2 2023.