Towne Bank
TOWN
175 hedge funds and large institutions have $1.13B invested in Towne Bank in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 49 reducing their positions, and 16 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 49
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
1% more funds holding
Funds holding: 174 → 175 (+1)
0% more capital invested
Capital invested by funds: $1.12B → $1.13B (+$4.57M)
0.93% less ownership
Funds ownership: 50.98% → 50.04% (-0.93%)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$4.77M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$3.66M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.12M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.89M |
| 5 |
Millennium Management
New York
|
+$2.12M |
Top Sellers
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$21.5M |
| 2 |
BlackRock
New York
|
-$6.79M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$3.02M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$2.09M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$1.99M |
TOWN Hedge Fund Activity: Q3 2021 in Review
175 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q3 2021, worth a combined $1.13B — up 0.41% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TOWN positions and 16 closed out — a net gain of 1 holder — while 59 added to existing stakes and 49 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $4.77M. The largest seller was FJ Capital Management, exiting entirely with an estimated $21.5M sold.
- 175 institutional investors held Towne Bank (TOWN) as of Q3 2021, up from 174 in Q2 2021.
- Funds reported $1.13B of Towne Bank stock for Q3 2021, up 0.41% quarter-over-quarter.
- 17 funds opened new Towne Bank positions in Q3 2021 and 16 closed out, a net change of +1 holder.
- The largest Towne Bank buyer in Q3 2021 was Goldman Sachs, an estimated $4.77M added.
- The largest Towne Bank seller in Q3 2021 was FJ Capital Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q3 2021.