Vault-13

TOWNEBANK PORTSMOUTH VA TOWN

COM · Common Stock · CUSIP 89214P109

212 institutional holders +18 vs Q4 2023
41,140,84841.1m shares reported held*
$1.2bnreported value*
30 new 59 added 69 reduced 14 sold out net bought ≈ $3.1m (+106.9k 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 ($8.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.07. Options: 3 managers hold calls ($161.8k notional), 2 hold puts ($92.6k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 195Q4 22: 213Q1 23: 195Q2 23: 184Q3 23: 184Q4 23: 194Q1 24: 212212Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022195
Q4 2022213
Q1 2023195
Q2 2023184
Q3 2023184
Q4 2023194
Q1 2024212

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 23Q3 23: 76 bought or addedQ3 23: 78 cut or sold outQ3 23Q4 23: 88 bought or addedQ4 23: 79 cut or sold outQ4 23Q1 24: 89 bought or addedQ1 24: 83 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229283
Q1 20237894
Q2 20238090
Q3 20237678
Q4 20238879
Q1 20248983

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 23 calls: $212.8kQ2 23 puts: $619.5kQ2 23P/C 2.91Q3 23 calls: $712.5kQ3 23 puts: $29.8kQ3 23P/C 0.04Q4 23 calls: $665.9kQ4 23 puts: $20.8kQ4 23P/C 0.03Q1 24 calls: $161.8kQ1 24 puts: $92.6kQ1 24P/C 0.57
Numbers
QuarterCallsPutsP/C
Q2 2023$212.8k$619.5k2.91
Q3 2023$712.5k$29.8k0.04
Q4 2023$665.9k$20.8k0.03
Q1 2024$161.8k$92.6k0.57

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +256,745+256.7k
Empowered Funds, LLC Added +211,755+211.8k
MORGAN STANLEY Added +192,478+192.5k
JACOBS LEVY EQUITY MANAGEMENT, INC New +174,876+174.9k
DEPRINCE RACE & ZOLLO INC New +141,735+141.7k
MILLENNIUM MANAGEMENT LLC Added +137,135+137.1k
DIMENSIONAL FUND ADVISORS LP Added +113,251+113.3k
BOOTHBAY FUND MANAGEMENT, LLC New +102,674+102.7k
AMERICAN CENTURY COMPANIES INC Added +96,286+96.3k
JPMORGAN CHASE & CO Added +89,778+89.8k

Biggest sellers

NUANCE INVESTMENTS, LLC Reduced -797,522-797.5k
BlackRock Inc. Reduced -515,098-515.1k
VICTORY CAPITAL MANAGEMENT INC Reduced -124,372-124.4k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Reduced -121,950-122.0k
CAPTRUST FINANCIAL ADVISORS Reduced -89,092-89.1k
CHARTWELL INVESTMENT PARTNERS, LLC Reduced -82,955-83.0k
MALTESE CAPITAL MANAGEMENT LLC Sold out -70,200-70.2k
BARCLAYS PLC Reduced -48,412-48.4k
HoldCo Asset Management, LP Sold out -37,437-37.4k
T. Rowe Price Investment Management, Inc. Reduced -32,673-32.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $89.8k3.2k shares
SIMPLEX TRADING, LLC Reduced $72.0k2.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $92.6k3.3k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,389,6257.4m $207.4m $207.4m 0.00% Reduced -26.8k -26,782
2 BlackRock Inc. 0.00% of their portfolio New York, NY 5,386,8265.4m $151.2m $151.2m 0.00% Reduced -515.1k -515,098
3 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 4,150,1294.2m $116.5m $116.5m 0.03% Added +113.3k +113,251
4 T. Rowe Price Investment Management, Inc. 0.07% of their portfolio BALTIMORE, MD 3,829,3693.8m $107.5m $107.5m 0.07% Reduced -32.7k -32,673
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,981,6632.0m $56.1m $56.1m 0.00% Added +79.0k +78,975
6 NUANCE INVESTMENTS, LLC 1.19% of their portfolio Kansas City, MO 1,613,3051.6m $45.3m $45.3m 1.19% Reduced -797.5k -797,522
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,586,5091.6m $44.5m $44.5m 0.00% Added +31.9k +31,894
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 879,558879.6k $24.7m $24.7m 0.00% Added +192.5k +192,478
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 812,574812.6k $22.8m $22.8m 0.01% Added +28.4k +28,437
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 803,416803.4k $22.5m $22.5m 0.00% Added +89.8k +89,778
11 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 782,233782.2k $21.9m $21.9m 0.01% Added +96.3k +96,286
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 676,905676.9k $19.0m $19.0m 0.00% Reduced -14.0k -13,957
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 646,473646.5k $18.1m $18.1m 0.00% Reduced -12.5k -12,495
14 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 630,141630.1k $17.7m $17.7m 0.03% Added +1.6k +1,600
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 501,897501.9k $14.1m $14.1m 0.00% Added +65.2k +65,159
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 500,592500.6k $14.0m $14.0m 0.01% Added +256.7k +256,745
17 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 483,783483.8k $13.6m $13.6m 0.00% Reduced -22.9k -22,865
18 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 442,836442.8k $12.4m $12.4m 0.00% Added +881 +881
19 Empowered Funds, LLC 0.10% of their portfolio NEWTOWN SQUARE, PA 393,760393.8k $11.0m $11.0m 0.10% Added +211.8k +211,755
20 CHARTWELL INVESTMENT PARTNERS, LLC 0.35% of their portfolio BERYWN, PA 359,266359.3k $10.1m $10.1m 0.35% Reduced -83.0k -82,955
21 NORGES BANK 0.00% of their portfolio OSLO, Q8 346,250346.2k $9.7m $9.7m 0.00% Reduced -18.4k -18,367
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 342,141342.1k $9.6m $9.6m 0.00% Reduced -7.8k -7,790
23 ROYCE & ASSOCIATES LP 0.09% of their portfolio New York, NY 341,421341.4k $9.6m $9.6m 0.09% Added +58.0k +58,045
24 LSV ASSET MANAGEMENT 0.02% of their portfolio CHICAGO, IL 326,477326.5k $9.2m $9.2m 0.02% Reduced -26.8k -26,846
25 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio HOUSTON, TX 317,480317.5k $8.9m $8.9m 0.18% Added +14.9k +14,875
26 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 183,882183.9k $5.2m $5.2m 0.00% Reduced -25.2k -25,181
27 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 181,730181.7k $5.1m $5.1m 0.01% Added +87.3k +87,332
28 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 181,288181.3k $5.1m $5.1m 0.01% Reduced -31.1k -31,130
29 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 174,876174.9k $4.9m $4.9m 0.02% New
30 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 163,899163.9k $4.6m $4.6m 0.00% Added +137.1k +137,135
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 154,475154.5k $4.3m $4.3m 0.00% Added +27.4k +27,426
32 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.11% of their portfolio NORFOLK, VA 145,502145.5k $4.1m $4.1m 0.11% Reduced -11.4k -11,395
33 DEPRINCE RACE & ZOLLO INC 0.09% of their portfolio Winter Park, FL 141,735141.7k $4.0m $4.0m 0.09% New
34 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 140,690140.7k $3.9m $3.9m 0.00% Reduced -124.4k -124,372
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 140,015140.0k $3.9m $3.9m 0.00% Unchanged
36 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 134,153134.2k $3.8m $3.8m 0.00% Reduced -3.5k -3,512
37 BUCKINGHAM STRATEGIC WEALTH, LLC 0.04% of their portfolio CLAYTON, MO 122,285122.3k $3.4m $3.4m 0.04% Reduced -3.2k -3,215
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 117,983118.0k $3.3m $3.3m 0.00% Reduced -48.4k -48,412
39 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 116,336116.3k $3.3m $3.3m 0.01% Reduced -1.2k -1,188
40 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 103,609103.6k $2.9m $2.9m 0.01% Added +7.5k +7,543
41 BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 102,674102.7k $2.9m $2.9m 0.08% New
42 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 99,23099.2k $2.8m $2.8m 0.01% Reduced -122.0k -121,950
43 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 98,93698.9k $2.8m $2.8m 0.00% Reduced -1.3k -1,288
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 90,90290.9k $2.6m $2.6m 0.00% Reduced -15.3k -15,254
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 89,93689.9k $2.5m $2.5m 0.00% Reduced -2.3k -2,300
46 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 85,00285.0k $2.4m $2.4m 0.00% Unchanged
47 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 84,93084.9k $2.4m $2.4m 0.01% Reduced -1.9k -1,941
48 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 80,88580.9k $2.3m $2.3m 0.01% Added +68.9k +68,919
49 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 80,44680.4k $2.3m $2.3m 0.00% Added +601 +601
50 Legal & General Group Plc 0.00% of their portfolio London, X0 76,96977.0k $2.2m $2.2m 0.00% Added +581 +581
51 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 70,97171.0k $2.0m $2.0m 0.00% Reduced -3.9k -3,857
52 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 68,81468.8k $1.9m $1.9m 0.00% Added +62.2k +62,205
53 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 68,80568.8k $1.9m $1.9m 0.00% Added +2.5k +2,477
54 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 67,32567.3k $1.9m $1.9m 0.00% Added +2.9k +2,895
55 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 65,48065.5k $1.8m $1.8m 0.01% Added +26.6k +26,613
56 Rosenthal | Henry Capital Advisors, Inc. 2.34% of their portfolio MISHAWAKA, IN 62,00062.0k $1.7m $1.7m 2.34% Unchanged
57 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 60,19160.2k $1.7m $1.7m 0.00% Reduced -8.5k -8,459
58 PMC FIG Opportunities LLC 2.42% of their portfolio JERUSALEM, L3 57,32657.3k $1.6m $1.6m 2.42% New
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 52,76052.8k $1.5m $1.5m 0.00% Added +12.4k +12,403
60 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 52,04252.0k $1.5m $1.5m 0.01% Added +4.1k +4,109
61 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 49,22349.2k $1.4m $1.4m 0.00% Reduced -30.5k -30,500
62 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 47,69647.7k $1.3m $1.3m 0.00% Added +23.2k +23,184
63 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 46,64846.6k $1.3m $1.3m 0.00% Reduced -89.1k -89,092
64 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 46,51046.5k $1.3m $1.3m 0.00% Reduced -6.9k -6,927
65 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 45,75845.8k $1.3m $1.3m 0.02% New
66 AMG National Trust Bank 0.04% of their portfolio GREENWOOD VILLAGE, CO 44,83144.8k $1.3m $1.3m 0.04% Added +19.9k +19,903
67 EQUITABLE TRUST CO 0.08% of their portfolio NASHVILLE, TN 42,81142.8k $1.2m $1.2m 0.08% Unchanged
68 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 40,12740.1k $1.1m $1.1m 0.00% Added +4.4k +4,402
69 De Lisle Partners LLP 0.26% of their portfolio POOLE, X0 39,89439.9k $1.1m $1.1m 0.26% First filing
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 37,77737.8k $1.1m $1.1m 0.00% Reduced -809 -809
71 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 36,78236.8k $1.0m $1.0m 0.01% Unchanged
72 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 35,75235.8k $1.0m $1.0m 0.00% Added +2.5k +2,452
73 Financial Security Advisor, Inc. 0.35% of their portfolio VIRGINIA BEACH, VA 35,10135.1k $994.1k $994.1k 0.35% Reduced -872 -872
74 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 34,61134.6k $971.2k $971.2k 0.00% Reduced -297 -297
75 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 34,34934.3k $963.8k $963.8k 0.00% Added +15.0k +15,004
76 LEVEL FOUR ADVISORY SERVICES, LLC 0.06% of their portfolio DALLAS, TX 33,81133.8k $1.0m $1.0m 0.06% Unchanged
77 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 32,11232.1k $900.1k $900.1k 0.00% Added +1 +1
78 Campbell & CO Investment Adviser LLC 0.08% of their portfolio BALTIMORE, MD 31,89631.9k $895.0k $895.0k 0.08% New
79 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 31,22631.2k $876.2k $876.2k 0.00% Reduced -10.6k -10,609
80 SummerHaven Investment Management, LLC 0.54% of their portfolio STAMFORD, CT 30,61830.6k $859.1k $859.1k 0.54% Added +327 +327
81 SALZHAUER MICHAEL 0.69% of their portfolio NEW YORK, NY 30,53330.5k $856.8k $856.8k 0.69% Unchanged
82 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 30,28430.3k $830.4k $830.4k 0.00% Reduced -1.3k -1,312
83 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 30,05230.1k $843.3k $843.3k 0.00% Reduced -25 -25
84 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 29,44329.4k $826.2k $826.2k 0.00% Unchanged
85 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 28,81528.8k $808.6k $808.6k 0.00% Reduced -966 -966
86 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.03% of their portfolio RICHMOND, VA 25,72725.7k $721.9k $721.9k 0.03% Unchanged
87 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 25,52825.5k $716.3k $716.3k 0.01% Added +719 +719
88 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 25,19425.2k $707.0k $707.0k 0.01% Unchanged
89 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 24,95825.0k $700.3k $700.3k 0.00% Added +14.7k +14,658
90 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 24,26424.3k $680.8k $680.8k 0.00% Added +6.7k +6,652
91 DARK FOREST CAPITAL MANAGEMENT LP 0.11% of their portfolio NEW YORK, NY 24,10924.1k $676.5k $676.5k 0.11% New
92 Robeco Institutional Asset Management B.V. 0.00% of their portfolio ROTTERDAM, P7 24,00024.0k $673.4k $673.4k 0.00% New
93 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 23,98224.0k $673.0k $673.0k 0.00% Reduced -567 -567
94 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 23,90023.9k $670.6k $670.6k 0.00% Reduced -5.1k -5,096
95 Mariner, LLC 0.00% of their portfolio Overland Park, KS 23,83023.8k $668.7k $668.7k 0.00% Reduced -14.6k -14,601
96 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 23,48423.5k $659.0k $659.0k 0.01% Added +11.0k +10,979
97 Towne Trust Company, N.A 0.24% of their portfolio NEWPORT NEWS, VA 23,40623.4k $656.8k $656.8k 0.24% Added +334 +334
98 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 23,19223.2k $650.8k $650.8k 0.02% Added +4.6k +4,596
99 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 22,94322.9k $643.8k $643.8k 0.01% New
100 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 22,51922.5k $631.9k $631.9k 0.01% Reduced -350 -350