Washington Trust Bancorp
WASH
118 hedge funds and large institutions have $464M invested in Washington Trust Bancorp in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 17 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 36
0.3% more ownership
Funds ownership: 72.72% → 73.02% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 125 → 118 (-7)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
32% less capital invested
Capital invested by funds: $681M → $464M (-$217M)
Top Buyers
| 1 |
DMC
Drexel Morgan & Co
Radnor,
Pennsylvania
|
+$5.25M |
| 2 |
JP Morgan Chase
New York
|
+$3.44M |
| 3 |
Millennium Management
New York
|
+$2.41M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.68M |
| 5 |
BlackRock
New York
|
+$1.51M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$223K | -4,140 | Closed |
|
|
CAM
127
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$2.15K | -4,000 | Closed |
|
|
RFWA
128
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$13.9K | -259 | Closed |
|
|
SFS
129
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$3K | -55 | Closed |
|
|
S
130
SignatureFD
Atlanta,
Georgia
| – | -$3K | -53 | Closed |
|
WASH Hedge Fund Activity: Q1 2020 in Review
118 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q1 2020, worth a combined $464M — down 32% from $681M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of WASH and 12 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 39 added.
The largest buyer was Drexel Morgan & Co, opening a new position worth an estimated $5.25M. The largest seller was Bank of New York Mellon, cutting an estimated $9.55M.
- 118 institutional investors held Washington Trust Bancorp (WASH) as of Q1 2020, down from 125 in Q4 2019.
- Funds reported $464M of Washington Trust Bancorp stock for Q1 2020, down 32% quarter-over-quarter.
- 12 funds opened new Washington Trust Bancorp positions in Q1 2020 and 17 closed out, a net change of -5 holders.
- The largest Washington Trust Bancorp buyer in Q1 2020 was Drexel Morgan & Co, an estimated $5.25M added.
- The largest Washington Trust Bancorp seller in Q1 2020 was Bank of New York Mellon, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2020.