Westamerica Bancorp
WABC
191 hedge funds and large institutions have $998M invested in Westamerica Bancorp in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 59 increasing their positions, 65 reducing their positions, and 19 closing their positions.
1,353% more call options, than puts
Call options by funds: $625K | Put options by funds: $43K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
9% more funds holding
Funds holding: 176 → 191 (+15)
9% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 65
2.64% less ownership
Funds ownership: 79.18% → 76.54% (-2.6%)
16% less capital invested
Capital invested by funds: $1.19B → $998M (-$192M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$16.8M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$9.61M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.05M |
| 4 |
JAM
Jacobs Asset Management
New York
|
+$4.49M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$39.1M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$26.4M |
| 3 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
-$14.9M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$6.81M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$4.14M |
WABC Hedge Fund Activity: Q1 2024 in Review
191 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Westamerica Bancorp (WABC) for Q1 2024, worth a combined $998M — down 16% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new WABC positions and 19 closed out — a net gain of 16 holders — while 59 added to existing stakes and 65 trimmed.
The largest buyer was American Century Companies, adding an estimated $16.8M. The largest seller was Morgan Stanley, cutting an estimated $39.1M.
- 191 institutional investors held Westamerica Bancorp (WABC) as of Q1 2024, up from 176 in Q4 2023.
- Funds reported $998M of Westamerica Bancorp stock for Q1 2024, down 16% quarter-over-quarter.
- 35 funds opened new Westamerica Bancorp positions in Q1 2024 and 19 closed out, a net change of +16 holders.
- The largest Westamerica Bancorp buyer in Q1 2024 was American Century Companies, an estimated $16.8M added.
- The largest Westamerica Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $39.1M sold.
Based on aggregated 13F filings for Q1 2024.