Valley National Bancorp
261 hedge funds and large institutions have $2.06B invested in Valley National Bancorp in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 109 increasing their positions, 70 reducing their positions, and 16 closing their positions.
265% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $386K
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
56% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 70
6% more funds holding
Funds holding: 247 → 261 (+14)
5% more capital invested
Capital invested by funds: $1.96B → $2.06B (+$105M)
2.05% more ownership
Funds ownership: 62.81% → 64.86% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$24.2M |
| 2 |
Millennium Management
New York
|
+$14.1M |
| 3 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$10.6M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.82M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$17.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$14.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$12.2M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.39M |
| 5 |
Renaissance Technologies
New York
|
-$6.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
276
Bruderman Asset Management
Locust Valley,
New York
| – | -$6K | -500 | Closed |
|
277
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -165 | Closed |
|
VLY Hedge Fund Activity: Q3 2017 in Review
261 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Valley National Bancorp (VLY) for Q3 2017, worth a combined $2.06B — up 5.3% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VLY positions and 16 closed out — a net gain of 17 holders — while 109 added to existing stakes and 70 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $24.2M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $17.7M sold.
- 261 institutional investors held Valley National Bancorp (VLY) as of Q3 2017, up from 247 in Q2 2017.
- Funds reported $2.06B of Valley National Bancorp stock for Q3 2017, up 5.3% quarter-over-quarter.
- 33 funds opened new Valley National Bancorp positions in Q3 2017 and 16 closed out, a net change of +17 holders.
- The largest Valley National Bancorp buyer in Q3 2017 was Principal Financial Group, an estimated $24.2M added.
- The largest Valley National Bancorp seller in Q3 2017 was Cramer Rosenthal McGlynn, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2017.