Towne Bank
TOWN
167 hedge funds and large institutions have $1.12B invested in Towne Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 47 increasing their positions, 59 reducing their positions, and 15 closing their positions.
2,846% more call options, than puts
Call options by funds: $2.77M | Put options by funds: $94K
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
33% more capital invested
Capital invested by funds: $843M → $1.12B (+$274M)
5% more funds holding
Funds holding: 159 → 167 (+8)
1.22% more ownership
Funds ownership: 49.49% → 50.71% (+1.2%)
20% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.67M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$8.37M |
| 3 |
RA
Royce & Associates
New York
|
+$8.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$6.64M |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$7.62M |
| 2 |
Renaissance Technologies
New York
|
-$3.29M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$3.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.16M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$3.04M |
TOWN Hedge Fund Activity: Q1 2021 in Review
167 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q1 2021, worth a combined $1.12B — up 33% from $843M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TOWN positions and 15 closed out — a net gain of 9 holders — while 47 added to existing stakes and 59 trimmed.
The largest buyer was BlackRock, adding an estimated $8.67M. The largest seller was Northern Trust, cutting an estimated $7.62M.
- 167 institutional investors held Towne Bank (TOWN) as of Q1 2021, up from 159 in Q4 2020.
- Funds reported $1.12B of Towne Bank stock for Q1 2021, up 33% quarter-over-quarter.
- 24 funds opened new Towne Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
- The largest Towne Bank buyer in Q1 2021 was BlackRock, an estimated $8.67M added.
- The largest Towne Bank seller in Q1 2021 was Northern Trust, an estimated $7.62M sold.
Based on aggregated 13F filings for Q1 2021.