Washington Trust Bancorp
WASH
98 hedge funds and large institutions have $322M invested in Washington Trust Bancorp in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $267M → $322M (+$55.3M)
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
8% more funds holding
Funds holding: 91 → 98 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$3.36M |
| 2 |
Renaissance Technologies
New York
|
+$951K |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$905K |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$732K |
| 5 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.49M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$615K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$582K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$570K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$433K |
WASH Hedge Fund Activity: Q4 2013 in Review
98 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q4 2013, worth a combined $322M — up 21% from $267M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new WASH positions and 4 closed out — a net gain of 7 holders — while 35 added to existing stakes and 30 trimmed.
The largest buyer was Edge Asset Management, adding an estimated $3.36M. The largest seller was Goldman Sachs, cutting an estimated $1.49M.
- 98 institutional investors held Washington Trust Bancorp (WASH) as of Q4 2013, up from 91 in Q3 2013.
- Funds reported $322M of Washington Trust Bancorp stock for Q4 2013, up 21% quarter-over-quarter.
- 11 funds opened new Washington Trust Bancorp positions in Q4 2013 and 4 closed out, a net change of +7 holders.
- The largest Washington Trust Bancorp buyer in Q4 2013 was Edge Asset Management, an estimated $3.36M added.
- The largest Washington Trust Bancorp seller in Q4 2013 was Goldman Sachs, an estimated $1.49M sold.
Based on aggregated 13F filings for Q4 2013.