Washington Trust Bancorp
WASH
130 hedge funds and large institutions have $308M invested in Washington Trust Bancorp in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 40 reducing their positions, and 28 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 40
0.34% less ownership
Funds ownership: 69.51% → 69.17% (-0.34%)
6% less funds holding
Funds holding: 139 → 130 (-9)
29% less capital invested
Capital invested by funds: $431M → $308M (-$123M)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
65% less call options, than puts
Call options by funds: $126K | Put options by funds: $361K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$8.62M |
| 2 |
BlackRock
New York
|
+$7.87M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.55M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.82M |
Top Sellers
WASH Hedge Fund Activity: Q2 2023 in Review
130 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q2 2023, worth a combined $308M — down 29% from $431M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of WASH and 19 opened new positions — a net loss of 9 holders — while 40 trimmed existing stakes and 55 added.
The largest buyer was EP Wealth Advisors, opening a new position worth an estimated $8.62M. The largest seller was Principal Financial Group, exiting entirely with an estimated $13.9M sold.
- 130 institutional investors held Washington Trust Bancorp (WASH) as of Q2 2023, down from 139 in Q1 2023.
- Funds reported $308M of Washington Trust Bancorp stock for Q2 2023, down 29% quarter-over-quarter.
- 19 funds opened new Washington Trust Bancorp positions in Q2 2023 and 28 closed out, a net change of -9 holders.
- The largest Washington Trust Bancorp buyer in Q2 2023 was EP Wealth Advisors, an estimated $8.62M added.
- The largest Washington Trust Bancorp seller in Q2 2023 was Principal Financial Group, an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2023.