Washington Trust Bancorp
WASH
140 hedge funds and large institutions have $432M invested in Washington Trust Bancorp in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 35 reducing their positions, and 25 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 35
0.85% more ownership
Funds ownership: 68.68% → 69.53% (+0.85%)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 143 → 140 (-3)
23% less capital invested
Capital invested by funds: $557M → $432M (-$125M)
36% less call options, than puts
Call options by funds: $620K | Put options by funds: $963K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.86M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.04M |
| 4 |
RMC
Resources Management Corp
West Hartford,
Connecticut
|
+$2.31M |
| 5 |
Goldman Sachs
New York
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$44.4M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$22M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$7.58M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.86M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$2.72M |
WASH Hedge Fund Activity: Q1 2023 in Review
140 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Washington Trust Bancorp (WASH) for Q1 2023, worth a combined $432M — down 23% from $557M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of WASH and 23 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 65 added.
The largest buyer was BlackRock, adding an estimated $16.1M. The largest seller was Franklin Resources, exiting entirely with an estimated $44.4M sold.
- 140 institutional investors held Washington Trust Bancorp (WASH) as of Q1 2023, down from 143 in Q4 2022.
- Funds reported $432M of Washington Trust Bancorp stock for Q1 2023, down 23% quarter-over-quarter.
- 23 funds opened new Washington Trust Bancorp positions in Q1 2023 and 25 closed out, a net change of -2 holders.
- The largest Washington Trust Bancorp buyer in Q1 2023 was BlackRock, an estimated $16.1M added.
- The largest Washington Trust Bancorp seller in Q1 2023 was Franklin Resources, an estimated $44.4M sold.
Based on aggregated 13F filings for Q1 2023.