Towne Bank
TOWN
212 hedge funds and large institutions have $1.11B invested in Towne Bank in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 71 reducing their positions, and 11 closing their positions.
774% more call options, than puts
Call options by funds: $699K | Put options by funds: $80K
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
9% more funds holding
Funds holding: 195 → 212 (+17)
7% more capital invested
Capital invested by funds: $1.05B → $1.11B (+$68.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 71
3.91% less ownership
Funds ownership: 53.67% → 49.76% (-3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$9.41M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$7.55M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.32M |
| 4 |
BlackRock
New York
|
+$2.54M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.55M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.87M |
| 3 |
Renaissance Technologies
New York
|
-$2.85M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$2.48M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.14M |
TOWN Hedge Fund Activity: Q4 2022 in Review
212 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Towne Bank (TOWN) for Q4 2022, worth a combined $1.11B — up 6.5% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TOWN positions and 11 closed out — a net gain of 19 holders — while 65 added to existing stakes and 71 trimmed.
The largest buyer was Nuance Investments, adding an estimated $9.41M. The largest seller was Goldman Sachs, cutting an estimated $5.55M.
- 212 institutional investors held Towne Bank (TOWN) as of Q4 2022, up from 195 in Q3 2022.
- Funds reported $1.11B of Towne Bank stock for Q4 2022, up 6.5% quarter-over-quarter.
- 30 funds opened new Towne Bank positions in Q4 2022 and 11 closed out, a net change of +19 holders.
- The largest Towne Bank buyer in Q4 2022 was Nuance Investments, an estimated $9.41M added.
- The largest Towne Bank seller in Q4 2022 was Goldman Sachs, an estimated $5.55M sold.
Based on aggregated 13F filings for Q4 2022.