Towne Bank
TOWN
174 hedge funds and large institutions have $1.12B invested in Towne Bank in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
4% more funds holding
Funds holding: 167 → 174 (+7)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
1% more capital invested
Capital invested by funds: $1.12B → $1.12B (+$6.66M)
0.27% more ownership
Funds ownership: 50.71% → 50.98% (+0.27%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$11.6M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$10.3M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.37M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.29M |
Top Sellers
TOWN Hedge Fund Activity: Q2 2021 in Review
174 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q2 2021, worth a combined $1.12B — up 0.6% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TOWN positions and 11 closed out — a net gain of 7 holders — while 53 added to existing stakes and 49 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.6M. The largest seller was BlackRock, cutting an estimated $10.4M.
- 174 institutional investors held Towne Bank (TOWN) as of Q2 2021, up from 167 in Q1 2021.
- Funds reported $1.12B of Towne Bank stock for Q2 2021, up 0.6% quarter-over-quarter.
- 18 funds opened new Towne Bank positions in Q2 2021 and 11 closed out, a net change of +7 holders.
- The largest Towne Bank buyer in Q2 2021 was Goldman Sachs, an estimated $11.6M added.
- The largest Towne Bank seller in Q2 2021 was BlackRock, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2021.