Towne Bank
TOWN
141 hedge funds and large institutions have $959M invested in Towne Bank in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 33 reducing their positions, and 16 closing their positions.
1,164% more call options, than puts
Call options by funds: $1.48M | Put options by funds: $117K
64% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 33
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less ownership
Funds ownership: 48.84% → 47.85% (-1%)
2% less capital invested
Capital invested by funds: $979M → $959M (-$19.8M)
3% less funds holding
Funds holding: 146 → 141 (-5)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.99M |
| 2 |
Millennium Management
New York
|
+$3.73M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$3.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.06M |
| 5 |
Morgan Stanley
New York
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$10.2M |
| 2 |
Bank of New York Mellon
New York
|
-$5.1M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.88M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.53M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPS
151
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$3K | -92 | Closed |
|
152
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -68 | Closed |
|
|
S
153
SignatureFD
Atlanta,
Georgia
| – | -$2K | -56 | Closed |
|
154
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -50 | Closed |
|
155
Rockefeller Capital Management
New York
| – | -$1K | -38 | Closed |
|
|
QCG
156
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$561 | +20 | New |
|
TOWN Hedge Fund Activity: Q4 2019 in Review
141 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q4 2019, worth a combined $959M — down 2% from $979M a quarter earlier.
Fund positioning in TOWN was balanced in Q4 2019: 16 funds opened new positions, 16 closed out, 54 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.99M. The largest seller was Nuance Investments, exiting entirely with an estimated $10.2M sold.
- 141 institutional investors held Towne Bank (TOWN) as of Q4 2019, down from 146 in Q3 2019.
- Funds reported $959M of Towne Bank stock for Q4 2019, down 2% quarter-over-quarter.
- 16 funds opened new Towne Bank positions in Q4 2019 and 16 closed out, a net change of 0 holders.
- The largest Towne Bank buyer in Q4 2019 was Vanguard Group, an estimated $3.99M added.
- The largest Towne Bank seller in Q4 2019 was Nuance Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2019.