Washington Trust Bancorp
WASH
121 hedge funds and large institutions have $374M invested in Washington Trust Bancorp in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 16 closing their positions.
2.02% less ownership
Funds ownership: 72.6% → 70.58% (-2%)
4% less funds holding
Funds holding: 126 → 121 (-5)
9% less capital invested
Capital invested by funds: $411M → $374M (-$37.9M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$4.11M |
| 2 |
TAM
Third Avenue Management
New York
|
+$3.36M |
| 3 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$2.33M |
| 4 |
JP Morgan Chase
New York
|
+$1.92M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$8.04M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$4.31M |
| 3 |
Millennium Management
New York
|
-$3.74M |
| 4 |
Renaissance Technologies
New York
|
-$3.14M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWCI
126
Alpine Woods Capital Investors
Purchase,
New York
| – | -$276K | -8,420 | Closed |
|
127
Tudor Investment Corp
Stamford,
Connecticut
| – | -$255K | -7,800 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$255K | -7,782 | Closed |
|
129
First Trust Advisors
Wheaton,
Illinois
| – | -$222K | -6,789 | Closed |
|
|
TI
130
Trexquant Investment
Stamford,
Connecticut
| – | -$204K | -6,242 | Closed |
|
|
CFG
131
Citizens Financial Group
Providence,
Rhode Island
| – | -$29K | -875 | Closed |
|
132
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$19K | -600 | Closed |
|
|
PAG
133
Private Advisor Group
Morristown,
New Jersey
| – | -$6K | -197 | Closed |
|
|
PA
134
Procyon Advisors
Shelton,
Connecticut
| – | -$1K | -33 | Closed |
|
WASH Hedge Fund Activity: Q3 2020 in Review
121 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q3 2020, worth a combined $374M — down 9.2% from $411M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of WASH and 13 opened new positions — a net loss of 3 holders — while 46 trimmed existing stakes and 37 added.
The largest buyer was Russell Investments Group, adding an estimated $4.11M. The largest seller was Bank of New York Mellon, cutting an estimated $8.04M.
- 121 institutional investors held Washington Trust Bancorp (WASH) as of Q3 2020, down from 126 in Q2 2020.
- Funds reported $374M of Washington Trust Bancorp stock for Q3 2020, down 9.2% quarter-over-quarter.
- 13 funds opened new Washington Trust Bancorp positions in Q3 2020 and 16 closed out, a net change of -3 holders.
- The largest Washington Trust Bancorp buyer in Q3 2020 was Russell Investments Group, an estimated $4.11M added.
- The largest Washington Trust Bancorp seller in Q3 2020 was Bank of New York Mellon, an estimated $8.04M sold.
Based on aggregated 13F filings for Q3 2020.