Towne Bank
TOWN
183 hedge funds and large institutions have $913M invested in Towne Bank in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 62 increasing their positions, 63 reducing their positions, and 15 closing their positions.
2,277% more call options, than puts
Call options by funds: $713K | Put options by funds: $30K
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0.12% less ownership
Funds ownership: 54.94% → 54.82% (-0.12%)
1% less funds holding
Funds holding: 184 → 183 (-1)
2% less capital invested
Capital invested by funds: $928M → $913M (-$14.6M)
2% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$16.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.29M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$3.98M |
| 4 |
Two Sigma Investments
New York
|
+$2.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$19M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.06M |
| 3 |
Goldman Sachs
New York
|
-$4.53M |
| 4 |
DA
Denali Advisors
San Diego,
California
|
-$3.39M |
| 5 |
JP Morgan Chase
New York
|
-$2.49M |
TOWN Hedge Fund Activity: Q3 2023 in Review
183 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q3 2023, worth a combined $913M — down 1.6% from $928M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TOWN positions and 15 closed out — a net gain of 1 holder — while 62 added to existing stakes and 63 trimmed.
The largest buyer was Nuance Investments, adding an estimated $16.3M. The largest seller was American Century Companies, cutting an estimated $19M.
- 183 institutional investors held Towne Bank (TOWN) as of Q3 2023, down from 184 in Q2 2023.
- Funds reported $913M of Towne Bank stock for Q3 2023, down 1.6% quarter-over-quarter.
- 16 funds opened new Towne Bank positions in Q3 2023 and 15 closed out, a net change of +1 holder.
- The largest Towne Bank buyer in Q3 2023 was Nuance Investments, an estimated $16.3M added.
- The largest Towne Bank seller in Q3 2023 was American Century Companies, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2023.