Westamerica Bancorp
WABC
176 hedge funds and large institutions have $1.19B invested in Westamerica Bancorp in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 26 closing their positions.
38% more capital invested
Capital invested by funds: $863M → $1.19B (+$328M)
4.34% more ownership
Funds ownership: 74.84% → 79.18% (+4.3%)
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
2% less funds holding
Funds holding: 179 → 176 (-3)
14% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 64
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.73M |
| 3 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$8.36M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.95M |
| 5 |
JP Morgan Chase
New York
|
+$5.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$10M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$7.26M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$4.45M |
| 4 |
Millennium Management
New York
|
-$4.08M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.57M |
WABC Hedge Fund Activity: Q4 2023 in Review
176 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Westamerica Bancorp (WABC) for Q4 2023, worth a combined $1.19B — up 38% from $863M a quarter earlier.
Fund positioning in WABC was balanced in Q4 2023: 26 funds opened new positions, 26 closed out, 55 added to existing stakes and 64 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $40.2M. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $10M sold.
- 176 institutional investors held Westamerica Bancorp (WABC) as of Q4 2023, down from 179 in Q3 2023.
- Funds reported $1.19B of Westamerica Bancorp stock for Q4 2023, up 38% quarter-over-quarter.
- 26 funds opened new Westamerica Bancorp positions in Q4 2023 and 26 closed out, a net change of 0 holders.
- The largest Westamerica Bancorp buyer in Q4 2023 was Morgan Stanley, an estimated $40.2M added.
- The largest Westamerica Bancorp seller in Q4 2023 was Invenomic Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2023.