Washington Trust Bancorp
WASH
90 hedge funds and large institutions have $287M invested in Washington Trust Bancorp in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 7 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 95 → 90 (-5)
12% less capital invested
Capital invested by funds: $326M → $287M (-$38.2M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$1.88M |
| 2 |
Bank of New York Mellon
New York
|
+$1.72M |
| 3 |
WT
Washington Trust
Westerly,
Rhode Island
|
+$1.3M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$964K |
| 5 |
EWM
Evercore Wealth Management
New York
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$6.74M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$995K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$717K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$665K |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$430K |
WASH Hedge Fund Activity: Q3 2014 in Review
90 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q3 2014, worth a combined $287M — down 12% from $326M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WASH and 3 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 32 added.
The largest buyer was Edge Asset Management, adding an estimated $1.88M. The largest seller was Norges Bank, cutting an estimated $6.74M.
- 90 institutional investors held Washington Trust Bancorp (WASH) as of Q3 2014, down from 95 in Q2 2014.
- Funds reported $287M of Washington Trust Bancorp stock for Q3 2014, down 12% quarter-over-quarter.
- 3 funds opened new Washington Trust Bancorp positions in Q3 2014 and 7 closed out, a net change of -4 holders.
- The largest Washington Trust Bancorp buyer in Q3 2014 was Edge Asset Management, an estimated $1.88M added.
- The largest Washington Trust Bancorp seller in Q3 2014 was Norges Bank, an estimated $6.74M sold.
Based on aggregated 13F filings for Q3 2014.