Valley National Bancorp
206 hedge funds and large institutions have $885M invested in Valley National Bancorp in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
84% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $1.01M
7% more funds holding
Funds holding: 192 → 206 (+14)
5% more capital invested
Capital invested by funds: $840M → $885M (+$45.1M)
0.21% more ownership
Funds ownership: 44.51% → 44.72% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$14.5M |
| 2 |
LOM
Loeb Offshore Management
New York
|
+$3.81M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.13M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$1.86M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.22M |
| 2 |
Renaissance Technologies
New York
|
-$4.08M |
| 3 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$3.7M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.45M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.17M |
VLY Hedge Fund Activity: Q3 2013 in Review
206 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Valley National Bancorp (VLY) for Q3 2013, worth a combined $885M — up 5.4% from $840M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VLY positions and 13 closed out — a net gain of 16 holders — while 62 added to existing stakes and 65 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $14.5M. The largest seller was BlackRock Fund Advisors, cutting an estimated $4.22M.
- 206 institutional investors held Valley National Bancorp (VLY) as of Q3 2013, up from 192 in Q2 2013.
- Funds reported $885M of Valley National Bancorp stock for Q3 2013, up 5.4% quarter-over-quarter.
- 29 funds opened new Valley National Bancorp positions in Q3 2013 and 13 closed out, a net change of +16 holders.
- The largest Valley National Bancorp buyer in Q3 2013 was Bank of New York Mellon, an estimated $14.5M added.
- The largest Valley National Bancorp seller in Q3 2013 was BlackRock Fund Advisors, an estimated $4.22M sold.
Based on aggregated 13F filings for Q3 2013.