Westamerica Bancorp
WABC
191 hedge funds and large institutions have $910M invested in Westamerica Bancorp in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 85 increasing their positions, 65 reducing their positions, and 39 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 65
1.5% less ownership
Funds ownership: 77.92% → 76.42% (-1.5%)
10% less funds holding
Funds holding: 213 → 191 (-22)
24% less capital invested
Capital invested by funds: $1.2B → $910M (-$287M)
51% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 39
55% less call options, than puts
Call options by funds: $168K | Put options by funds: $376K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$13.7M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$12.3M |
| 3 |
BlackRock
New York
|
+$9.67M |
| 4 |
State Street
Boston,
Massachusetts
|
+$9.22M |
| 5 |
RC
RBO & Co
Saint Helena,
California
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.2M |
| 2 |
Holocene Advisors
New York
|
-$12.6M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$11.1M |
| 4 |
Millennium Management
New York
|
-$8.24M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$6.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
226
Truvestments Capital
Sarasota,
Florida
| – | -$3.01K | -51 | Closed |
|
|
PWMG
227
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2.83K | -48 | Closed |
|
228
Rockefeller Capital Management
New York
| – | -$2K | -45 | Closed |
|
|
AWM
229
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$1.26K | -22 | Closed |
|
|
GRP
230
Global Retirement Partners
San Rafael,
California
| – | -$295 | -5 | Closed |
|
WABC Hedge Fund Activity: Q1 2023 in Review
191 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Westamerica Bancorp (WABC) for Q1 2023, worth a combined $910M — down 24% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of WABC and 19 opened new positions — a net loss of 20 holders — while 65 trimmed existing stakes and 85 added.
The largest buyer was Assenagon Asset Management, adding an estimated $13.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $39.2M.
- 191 institutional investors held Westamerica Bancorp (WABC) as of Q1 2023, down from 213 in Q4 2022.
- Funds reported $910M of Westamerica Bancorp stock for Q1 2023, down 24% quarter-over-quarter.
- 19 funds opened new Westamerica Bancorp positions in Q1 2023 and 39 closed out, a net change of -20 holders.
- The largest Westamerica Bancorp buyer in Q1 2023 was Assenagon Asset Management, an estimated $13.7M added.
- The largest Westamerica Bancorp seller in Q1 2023 was T. Rowe Price Associates, an estimated $39.2M sold.
Based on aggregated 13F filings for Q1 2023.