Westamerica Bancorp
WABC
191 hedge funds and large institutions have $911M invested in Westamerica Bancorp in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 84 increasing their positions, 65 reducing their positions, and 38 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 65
11% more capital inflows, than outflows
Capital inflows: $140M | Capital outflows: $126M
1.05% more ownership
Funds ownership: 75.37% → 76.42% (+1.1%)
9% less funds holding
Funds holding: 211 → 191 (-20)
47% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 38
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
|
+$9.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$9.22M |
| 5 |
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 |
WABC Hedge Fund Activity: Q1 2023 in Review
191 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Westamerica Bancorp (WABC) for Q1 2023, worth a combined $911M — down 24% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of WABC and 20 opened new positions — a net loss of 18 holders — while 65 trimmed existing stakes and 84 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 211 in Q4 2022.
- Funds reported $911M of Westamerica Bancorp stock for Q1 2023, down 24% quarter-over-quarter.
- 20 funds opened new Westamerica Bancorp positions in Q1 2023 and 38 closed out, a net change of -18 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.