Valley National Bancorp
223 hedge funds and large institutions have $1.32B invested in Valley National Bancorp in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 63 reducing their positions, and 30 closing their positions.
665% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $449K
32% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.23% less ownership
Funds ownership: 55.25% → 55.02% (-0.23%)
1% less capital invested
Capital invested by funds: $1.34B → $1.32B (-$20M)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 226 → 223 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$28.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$14.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12M |
| 4 |
State Street
Boston,
Massachusetts
|
+$11.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$23.6M |
| 2 |
Bank of New York Mellon
New York
|
-$19.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
-$11M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.22M |
VLY Hedge Fund Activity: Q1 2016 in Review
223 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Valley National Bancorp (VLY) for Q1 2016, worth a combined $1.32B — down 1.5% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of VLY and 28 opened new positions — a net loss of 2 holders — while 63 trimmed existing stakes and 83 added.
The largest buyer was Millennium Management, adding an estimated $28.5M. The largest seller was Sprucegrove Investment Management, cutting an estimated $23.6M.
- 223 institutional investors held Valley National Bancorp (VLY) as of Q1 2016, down from 226 in Q4 2015.
- Funds reported $1.32B of Valley National Bancorp stock for Q1 2016, down 1.5% quarter-over-quarter.
- 28 funds opened new Valley National Bancorp positions in Q1 2016 and 30 closed out, a net change of -2 holders.
- The largest Valley National Bancorp buyer in Q1 2016 was Millennium Management, an estimated $28.5M added.
- The largest Valley National Bancorp seller in Q1 2016 was Sprucegrove Investment Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2016.