Towne Bank
TOWN
194 hedge funds and large institutions have $1.16B invested in Towne Bank in 2021 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 66 increasing their positions, 51 reducing their positions, and 8 closing their positions.
263% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 8
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
11% more funds holding
Funds holding: 175 → 194 (+19)
3% more capital invested
Capital invested by funds: $1.13B → $1.16B (+$36M)
0.78% more ownership
Funds ownership: 50.04% → 50.82% (+0.78%)
75% less call options, than puts
Call options by funds: $3K | Put options by funds: $12K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.4M |
| 2 |
BlackRock
New York
|
+$6.6M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$5.43M |
| 4 |
Goldman Sachs
New York
|
+$4.98M |
| 5 |
Barclays
London,
United Kingdom
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$15.7M |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$4.99M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.92M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
-$2.69M |
| 5 |
Bank of New York Mellon
New York
|
-$2.49M |
TOWN Hedge Fund Activity: Q4 2021 in Review
194 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q4 2021, worth a combined $1.16B — up 3.2% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TOWN positions and 8 closed out — a net gain of 21 holders — while 66 added to existing stakes and 51 trimmed.
The largest buyer was Millennium Management, adding an estimated $10.4M. The largest seller was American Century Companies, cutting an estimated $15.7M.
- 194 institutional investors held Towne Bank (TOWN) as of Q4 2021, up from 175 in Q3 2021.
- Funds reported $1.16B of Towne Bank stock for Q4 2021, up 3.2% quarter-over-quarter.
- 29 funds opened new Towne Bank positions in Q4 2021 and 8 closed out, a net change of +21 holders.
- The largest Towne Bank buyer in Q4 2021 was Millennium Management, an estimated $10.4M added.
- The largest Towne Bank seller in Q4 2021 was American Century Companies, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2021.