Washington Trust Bancorp
WASH
125 hedge funds and large institutions have $681M invested in Washington Trust Bancorp in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 16 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
36% more capital invested
Capital invested by funds: $502M → $681M (+$179M)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
13.16% more ownership
Funds ownership: 59.56% → 72.72% (+13%)
2% more funds holding
Funds holding: 122 → 125 (+3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$101M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$4.56M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$4.08M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.75M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.83M |
| 2 |
Millennium Management
New York
|
-$2.53M |
| 3 |
Renaissance Technologies
New York
|
-$925K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$776K |
| 5 |
PCG
Private Capital Group
West Hartford,
Connecticut
|
-$756K |
WASH Hedge Fund Activity: Q4 2019 in Review
125 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q4 2019, worth a combined $681M — up 36% from $502M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new WASH positions and 16 closed out — a net gain of 3 holders — while 46 added to existing stakes and 28 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $101M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $2.83M.
- 125 institutional investors held Washington Trust Bancorp (WASH) as of Q4 2019, up from 122 in Q3 2019.
- Funds reported $681M of Washington Trust Bancorp stock for Q4 2019, up 36% quarter-over-quarter.
- 19 funds opened new Washington Trust Bancorp positions in Q4 2019 and 16 closed out, a net change of +3 holders.
- The largest Washington Trust Bancorp buyer in Q4 2019 was Bank of New York Mellon, an estimated $101M added.
- The largest Washington Trust Bancorp seller in Q4 2019 was Manulife (Manufacturers Life Insurance), an estimated $2.83M sold.
Based on aggregated 13F filings for Q4 2019.