Towne Bank
TOWN
149 hedge funds and large institutions have $942M invested in Towne Bank in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 14 closing their positions.
793% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $226K
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
13% more capital invested
Capital invested by funds: $831M → $942M (+$110M)
4% more funds holding
Funds holding: 143 → 149 (+6)
1.29% more ownership
Funds ownership: 46.61% → 47.9% (+1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$9.43M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$8.99M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.28M |
| 4 |
Goldman Sachs
New York
|
+$3.07M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.14M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$2.92M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$952K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$933K |
| 5 |
Morgan Stanley
New York
|
-$803K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZCM
151
Zebra Capital Management
Stamford,
Connecticut
| – | -$690K | -27,865 | Closed |
|
|
OCG
152
Opus Capital Group
Cincinnati,
Ohio
| – | -$610K | -24,656 | Closed |
|
153
D.E. Shaw & Co
New York
| – | -$566K | -22,875 | Closed |
|
|
IA
154
IndexIQ Advisors
New York
| – | -$417K | -16,855 | Closed |
|
|
DTL
155
Dynamic Technology Lab
Singapore
| – | -$416K | -16,826 | Closed |
|
156
Citadel Advisors
Miami,
Florida
| – | -$364K | -13,801 | Closed |
|
|
AIM
157
Assured Investment Management
New York
| – | -$109K | -4,394 | Closed |
|
158
Group One Trading
Chicago,
Illinois
| – | -$87.3K | -3,307 | Closed |
|
159
Simplex Trading
Chicago,
Illinois
| – | -$13.5K | -510 | Closed |
|
|
KPW
160
Kore Private Wealth
New York
| – | -$8K | -320 | Closed |
|
161
Rockefeller Capital Management
New York
| – | -$7K | -285 | Closed |
|
|
BMM
162
Buffington Mohr McNeal
Boise,
Idaho
| – | -$6K | -242 | Closed |
|
|
PCG
163
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -32 | Closed |
|
TOWN Hedge Fund Activity: Q2 2019 in Review
149 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2019, worth a combined $942M — up 13% from $831M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TOWN positions and 14 closed out — a net gain of 8 holders — while 49 added to existing stakes and 37 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $9.43M. The largest seller was T. Rowe Price Associates, cutting an estimated $3.14M.
- 149 institutional investors held Towne Bank (TOWN) as of Q2 2019, up from 143 in Q1 2019.
- Funds reported $942M of Towne Bank stock for Q2 2019, up 13% quarter-over-quarter.
- 22 funds opened new Towne Bank positions in Q2 2019 and 14 closed out, a net change of +8 holders.
- The largest Towne Bank buyer in Q2 2019 was American Century Companies, an estimated $9.43M added.
- The largest Towne Bank seller in Q2 2019 was T. Rowe Price Associates, an estimated $3.14M sold.
Based on aggregated 13F filings for Q2 2019.