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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
BAAM
176
Baker Avenue Asset Management
California
$442 +$457 +19 New
PFBT
177
Parkside Financial Bank & Trust
Missouri
$349
SIC
178
SJS Investment Consulting
Ohio
$279 +$96 +4 +50%
DI
179
Disciplined Investments
Oklahoma
$256
NA
180
NewEdge Advisors
Louisiana
$163 -$258K -10,724 -100%
FCAG
181
First Capital Advisors Group
New Jersey
$116 +$120 +5 New
TWP
182
TFO Wealth Partners
Ohio
$70
ECM
183
EMC Capital Management
Texas
$43 -$17.4K -726 -42%
AG
184
Algert Global
California
-$1.75M -65,640 Closed
Millennium Management
185
Millennium Management
New York
-$1.7M -63,802 Closed
MAM
186
Martingale Asset Management
Massachusetts
-$1.26M -47,225 Closed
Brown Advisory
187
Brown Advisory
Maryland
-$1.26M -47,167 Closed
AQR Capital Management
188
AQR Capital Management
Connecticut
-$1.04M -38,926 Closed
CL
189
Choreo LLC
Illinois
-$816K -30,630 Closed
ZIM
190
Zacks Investment Management
Illinois
-$619K -23,236 Closed
Aviva
191
Aviva
United Kingdom
-$455K -17,055 Closed
Jacobs Levy Equity Management
192
Jacobs Levy Equity Management
New Jersey
-$264K -9,912 Closed
PFS
193
Prospera Financial Services
Texas
-$262K -9,825 Closed
Janney Montgomery Scott
194
Janney Montgomery Scott
Pennsylvania
-$234K -8,768 Closed
State of Wisconsin Investment Board
195
State of Wisconsin Investment Board
Wisconsin
-$232K -8,702 Closed
Axa
196
Axa
France
-$224K -8,400 Closed
HF
197
HRT Financial
New York
-$222K -8,337 Closed
VWMG
198
Virginia Wealth Management Group
Virginia
-$216K -8,111 Closed
PAMS
199
Pictet Asset Management (Switzerland)
Switzerland
-$203K -7,606 Closed
SG Americas Securities
200
SG Americas Securities
New York
-$166K -6,215 Closed

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.