Vault-13

TOWNEBANK PORTSMOUTH VA TOWN

COM · Common Stock · CUSIP 89214P109

184 institutional holders -11 vs Q1 2023
39,621,20739.6m shares reported held*
$921.6mreported value*
16 new 64 added 62 reduced 28 sold out net sold ≈ $10.4m (-445.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.26. Options: 4 managers hold calls ($212.8k notional), 5 hold puts ($619.5k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 195Q4 22: 213Q1 23: 195Q2 23: 184184Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022195
Q4 2022213
Q1 2023195
Q2 2023184

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 92 bought or addedQ4 22: 83 cut or sold outQ4 22Q1 23: 78 bought or addedQ1 23: 94 cut or sold outQ1 23Q2 23: 80 bought or addedQ2 23: 90 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229283
Q1 20237894
Q2 20238090

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $699.2kQ4 22 puts: $80.2kQ4 22P/C 0.11Q1 23 calls: $137.6kQ1 23 puts: $55.0kQ1 23P/C 0.40Q2 23 calls: $212.8kQ2 23 puts: $619.5kQ2 23P/C 2.91
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$699.2k$80.2k0.11
Q1 2023$137.6k$55.0k0.40
Q2 2023$212.8k$619.5k2.91

Biggest buyers

T. Rowe Price Investment Management, Inc. Added +369,767+369.8k
BRIDGEWAY CAPITAL MANAGEMENT, LLC New +192,452+192.5k
Empowered Funds, LLC New +118,052+118.1k
FIRST TRUST ADVISORS LP Added +77,753+77.8k
STATE STREET CORP Added +74,579+74.6k
DIMENSIONAL FUND ADVISORS LP Added +70,535+70.5k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +51,690+51.7k
CITIGROUP INC Added +51,265+51.3k
GEODE CAPITAL MANAGEMENT, LLC Added +36,703+36.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +32,249+32.2k

Biggest sellers

DAVENPORT & Co LLC Reduced -428,668-428.7k
AMERICAN CENTURY COMPANIES INC Reduced -201,644-201.6k
VANGUARD GROUP INC Reduced -138,851-138.9k
NUANCE INVESTMENTS, LLC Reduced -127,942-127.9k
ALGERT GLOBAL LLC Sold out -65,640-65.6k
MILLENNIUM MANAGEMENT LLC Sold out -63,802-63.8k
AMERIPRISE FINANCIAL INC Reduced -55,116-55.1k
STRS OHIO Reduced -52,300-52.3k
ROYCE & ASSOCIATES LP Reduced -50,632-50.6k
MARTINGALE ASSET MANAGEMENT L P Sold out -47,225-47.2k

Biggest calls

CITADEL ADVISORS LLC Added $190.6k8.2k shares
GROUP ONE TRADING LLC New $16.3k700 shares
SIMPLEX TRADING, LLC Reduced $6.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Parallax Volatility Advisers, L.P. New $522.9k22.5k shares
GROUP ONE TRADING LLC New $62.7k2.7k shares
CITADEL ADVISORS LLC Reduced $27.9k1.2k shares
SIMPLEX TRADING, LLC Unchanged $6.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,307,4167.3m $169.8m $169.8m 0.00% Reduced -138.9k -138,851
2 BlackRock Inc. 0.00% of their portfolio New York, NY 5,672,1035.7m $131.8m $131.8m 0.00% Reduced -16.2k -16,241
3 T. Rowe Price Investment Management, Inc. 0.06% of their portfolio BALTIMORE, MD 3,966,0524.0m $92.2m $92.2m 0.06% Added +369.8k +369,767
4 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,696,2323.7m $85.9m $85.9m 0.03% Added +70.5k +70,535
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,848,5901.8m $43.4m $43.4m 0.00% Added +74.6k +74,579
6 NUANCE INVESTMENTS, LLC 0.84% of their portfolio Kansas City, MO 1,693,6761.7m $39.4m $39.4m 0.84% Reduced -127.9k -127,942
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,411,5251.4m $32.8m $32.8m 0.00% Added +36.7k +36,703
8 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,321,6841.3m $30.7m $30.7m 0.02% Reduced -201.6k -201,644
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 888,841888.8k $20.7m $20.7m 0.01% Added +12.4k +12,441
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 710,715710.7k $16.5m $16.5m 0.00% Added +18.6k +18,581
11 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 671,634671.6k $15.6m $15.6m 0.00% Added +16.6k +16,563
12 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 650,041650.0k $15.1m $15.1m 0.02% Added +3.9k +3,859
13 NORGES BANK 0.00% of their portfolio OSLO, Q8 584,953585.0k $13.6m $13.6m 0.00% Unchanged
14 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 455,688455.7k $10.6m $10.6m 0.00% Reduced -31.9k -31,945
15 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 435,903435.9k $10.1m $10.1m 0.00% Reduced -173 -173
16 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 427,421427.4k $9.9m $9.9m 0.00% Reduced -55.1k -55,116
17 LSV ASSET MANAGEMENT 0.02% of their portfolio CHICAGO, IL 417,823417.8k $9.7m $9.7m 0.02% Reduced -37.0k -37,050
18 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 394,930394.9k $9.2m $9.2m 0.02% Added +3.4k +3,416
19 ROYCE & ASSOCIATES LP 0.08% of their portfolio New York, NY 369,452369.5k $8.6m $8.6m 0.08% Reduced -50.6k -50,632
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 360,510360.5k $8.4m $8.4m 0.00% Added +12.6k +12,594
21 CHARTWELL INVESTMENT PARTNERS, LLC 0.30% of their portfolio BERYWN, PA 351,146351.1k $8.2m $8.2m 0.30% Reduced -11.6k -11,564
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 271,792271.8k $6.3m $6.3m 0.00% Reduced -31.6k -31,574
23 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 220,680220.7k $5.1m $5.1m 0.02% Added +51.7k +51,690
24 FULLER & THALER ASSET MANAGEMENT, INC. 0.03% of their portfolio SAN MATEO, CA 210,099210.1k $4.9m $4.9m 0.03% Added +391 +391
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 201,873201.9k $4.7m $4.7m 0.00% Reduced -29.0k -29,002
26 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.11% of their portfolio HOUSTON, TX 192,452192.5k $4.5m $4.5m 0.11% New
27 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 184,041184.0k $4.3m $4.3m 0.00% Reduced -2.7k -2,742
28 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 183,802183.8k $4.3m $4.3m 0.00% Added +77.8k +77,753
29 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.13% of their portfolio NORFOLK, VA 172,451172.5k $4.0m $4.0m 0.13% Added +984 +984
30 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 163,894163.9k $3.8m $3.8m 0.01% Added +2.1k +2,072
31 DENALI ADVISORS LLC 1.33% of their portfolio SAN DIEGO, CA 162,549162.5k $3.8m $3.8m 1.33% Added +18.5k +18,528
32 Swiss National Bank 0.00% of their portfolio ZURICH, V8 162,415162.4k $3.8m $3.8m 0.00% Added +13.3k +13,300
33 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 141,200141.2k $3.3m $3.3m 0.01% Added +2.9k +2,874
34 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 135,314135.3k $3.1m $3.1m 0.00% Added +1.7k +1,729
35 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 134,830134.8k $3.1m $3.1m 0.01% Reduced -34.2k -34,177
36 BUCKINGHAM STRATEGIC WEALTH, LLC 0.04% of their portfolio CLAYTON, MO 123,843123.8k $2.9m $2.9m 0.04% Added +1.7k +1,731
37 Empowered Funds, LLC 0.10% of their portfolio NEWTOWN SQUARE, PA 118,052118.1k $2.7m $2.7m 0.10% New
38 EA Series Trust 0.10% of their portfolio HAVERTOWN, PA 118,052118.1k $2.7m $2.7m 0.10% First filing
39 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 116,717116.7k $2.7m $2.7m 0.00% Reduced -9.5k -9,528
40 MALTESE CAPITAL MANAGEMENT LLC 0.92% of their portfolio New York, NY 115,000115.0k $2.7m $2.7m 0.92% Added +2.5k +2,500
41 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 108,943108.9k $2.5m $2.5m 0.00% Reduced -19.3k -19,315
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 105,443105.4k $2.5m $2.5m 0.00% Added +15.5k +15,452
43 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 103,091103.1k $2.4m $2.4m 0.01% Added +26.7k +26,676
44 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 92,11792.1k $2.1m $2.1m 0.00% Reduced -1.5k -1,530
45 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 91,72391.7k $2.1m $2.1m 0.01% Reduced -2.9k -2,900
46 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 90,03690.0k $2.1m $2.1m 0.00% Unchanged
47 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 87,51987.5k $2.0m $2.0m 0.00% Added +1.1k +1,113
48 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 87,08187.1k $2.0m $2.0m 0.02% Reduced -428.7k -428,668
49 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 71,93971.9k $1.7m $1.7m 0.00% Added +13.4k +13,392
50 Legal & General Group Plc 0.00% of their portfolio London, X0 71,87871.9k $1.7m $1.7m 0.00% Added +11.5k +11,459
51 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 71,38871.4k $1.7m $1.7m 0.00% Added +32.2k +32,249
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 68,51668.5k $1.8m $1.8m 0.00% Unchanged
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 65,99266.0k $1.5m $1.5m 0.00% Added +10.9k +10,856
54 Rosenthal | Henry Capital Advisors, Inc. 1.81% of their portfolio MISHAWAKA, IN 62,00062.0k $1.4m $1.4m 1.81% Reduced -7.0k -7,000
55 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 58,36658.4k $1.4m $1.4m 0.00% Added +1.0k +1,014
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 53,67253.7k $1.2m $1.2m 0.00% Added +51.3k +51,265
57 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 53,03753.0k $1.2m $1.2m 0.00% Added +120 +120
58 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 51,84651.8k $1.2m $1.2m 0.00% Added +3.1k +3,067
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 51,20951.2k $1.2m $1.2m 0.00% Added +8.1k +8,079
60 PBMares Wealth Management LLC 0.39% of their portfolio WILLIAMSBURG, VA 47,05747.1k $1.1m $1.1m 0.39% Unchanged
61 EQUITABLE TRUST CO 0.08% of their portfolio NASHVILLE, TN 43,11143.1k $1.0m $1.0m 0.08% Unchanged
62 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 40,90140.9k $950.5k $950.5k 0.01% Added +20.0k +19,952
63 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 39,81839.8k $925.4k $925.4k 0.00% Added +417 +417
64 HoldCo Asset Management, LP 0.55% of their portfolio FORT LAUDERDALE, FL 37,43737.4k $870.0k $870.0k 0.55% Unchanged
65 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 36,78236.8k $854.8k $854.8k 0.01% Added +561 +561
66 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 36,04336.0k $837.6k $837.6k 0.01% Reduced -29.1k -29,118
67 LEVEL FOUR ADVISORY SERVICES, LLC 0.05% of their portfolio DALLAS, TX 34,96135.0k $812.5k $812.5k 0.05% Reduced -223 -223
68 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 33,80333.8k $785.6k $785.6k 0.00% Added +448 +448
69 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 33,25033.2k $772.7k $772.7k 0.00% Added +1.3k +1,266
70 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 32,82232.8k $762.8k $762.8k 0.01% Added +1.0k +1,004
71 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 32,19332.2k $747.8k $747.8k 0.00% Reduced -12 -12
72 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 31,74931.7k $737.8k $737.8k 0.00% Reduced -1.4k -1,412
73 SALZHAUER MICHAEL 0.79% of their portfolio NEW YORK, NY 31,46531.5k $731.2k $731.2k 0.79% Added +4.4k +4,400
74 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 30,49130.5k $708.6k $708.6k 0.00% Reduced -16.8k -16,773
75 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 30,28430.3k $703.8k $703.8k 0.00% Unchanged
76 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 30,21930.2k $702.0k $702.0k 0.01% New
77 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 29,48929.5k $685.3k $685.3k 0.00% Reduced -21 -21
78 River Oaks Capital LLC 1.02% of their portfolio Wayzata, MN 28,80028.8k $669.3k $669.3k 1.02% Reduced -18.3k -18,300
79 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 28,39228.4k $659.8k $659.8k 0.00% Added +1.3k +1,337
80 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 28,38528.4k $659.7k $659.7k 0.00% Added +2.2k +2,212
81 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 26,72426.7k $621.1k $621.1k 0.00% New
82 COLONY GROUP LLC 0.01% of their portfolio Boston, MA 26,65826.7k $620.0k $620.0k 0.01% Reduced -500 -500
83 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 25,24125.2k $586.6k $586.6k 0.01% Reduced -585 -585
84 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 24,40224.4k $567.1k $567.1k 0.00% Reduced -23.3k -23,294
85 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 24,15024.1k $561.0k $561.0k 0.06% New
86 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 23,00423.0k $534.6k $534.6k 0.01% Reduced -6.2k -6,196
87 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 22,33922.3k $519.2k $519.2k 0.00% Reduced -6.6k -6,580
88 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 20,95921.0k $487.1k $487.1k 0.00% Added +941 +941
89 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 20,91020.9k $486.0k $486.0k 0.00% Added +60 +60
90 VISTA INVESTMENT MANAGEMENT 0.24% of their portfolio PITTSBURGH, PA 20,41220.4k $474.4k $474.4k 0.24% Added +5.8k +5,785
91 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,32420.3k $472.3k $472.3k 0.00% Added +13.0k +13,014
92 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 20,03920.0k $465.7k $465.7k 0.00% Reduced -902 -902
93 Sheaff Brock Investment Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 20,00020.0k $464.8k $464.8k 0.04% Unchanged
94 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.03% of their portfolio RICHMOND, VA 19,99820.0k $464.8k $464.8k 0.03% Added +1.3k +1,289
95 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 18,32918.3k $426.0k $426.0k 0.00% Reduced -19.5k -19,461
96 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 17,95118.0k $417.2k $417.2k 0.00% New
97 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,72517.7k $412.0k $412.0k 0.00% New
98 Arbor Investment Advisors, LLC 0.07% of their portfolio WINSTON SALEM, NC 17,47917.5k $406.2k $406.2k 0.07% Unchanged
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,42517.4k $404.0k $404.0k 0.00% Added +3.6k +3,566
100 First Western Trust Bank 0.02% of their portfolio Denver, CO 17,37817.4k $403.9k $403.9k 0.02% Unchanged