Towne Bank (TOWN) Ownership

27.75 ↓0.07 (-0.25%)

As of April 24, 2024, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Towne Bank (TOWN), owning a total of 7.4 million shares. Combined, the top 25 institutional holders of TOWN own 53.19% of the company with a total of 39.7 million shares.

In the latest ownership report on December 31st 2023, the top 25 institutional holders increased their combined ownership of TOWN by 1.5 million shares. 15 institutions bought 1,881,673 total additional shares and increased their ownership by an average of 18.09%. However 5 institutions sold 416,051 total shares and decreased their ownership by an average of 12.3%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Towne Bank increased by a net total of 1,465,622 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.902%	0.099%	7,416,407	7,314	2023-12-31
BlackRock Inc	7.880%	5.914%	5,901,924	329,542	2023-12-31
Dimensional Fund Advisors, Inc.	5.390%	4.190%	4,036,878	162,347	2023-12-31
T. Rowe Price Investment Management,Inc.	5.156%	-2.467%	3,862,042	-97,675	2023-12-31
Mariner Value Strategies, LLC	3.219%	1.635%	2,410,827	38,783	2023-12-31
State Street Corporation	2.540%	3.578%	1,902,688	65,720	2023-12-31
Geode Capital Management, LLC	2.076%	4.515%	1,554,615	67,161	2023-12-31
Goldman Sachs Group Inc	1.760%	88.111%	1,317,936	617,321	2023-12-31
Charles Schwab Investment Management Inc	1.047%	4.221%	784,137	31,755	2023-12-31
Northern Trust Corp	0.922%	2.380%	690,862	16,059	2023-12-31
American Century Companies Inc	0.916%	29.061%	685,947	154,455	2023-12-31
Renaissance Technologies Corp	0.839%	-3.343%	628,541	-21,741	2023-12-31
Bank of New York Mellon Corp	0.676%	20.665%	506,648	86,767	2023-12-31
Chartwell Investment Partners, LLC	0.590%	31.593%	442,221	106,168	2023-12-31
Nuveen Asset Management, LLC	0.590%	-2.729%	441,955	-12,399	2023-12-31
Ameriprise Financial Inc	0.583%	2.020%	436,738	8,647	2023-12-31
NORGES BANK	0.487%	-37.667%	364,617	-220,336	2023-12-31
JPMorgan Chase & Co	0.476%	38.707%	356,819	99,572	2023-12-31
LSV Asset Management	0.472%	-15.316%	353,323	-63,900	2023-12-31
Bank of America Corp	0.467%	34.657%	349,931	90,062	2023-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.902%	0.099%	7,416,407	7,314	2023-12-31
BlackRock Inc	7.880%	5.914%	5,901,924	329,542	2023-12-31
Dimensional Fund Advisors, Inc.	5.390%	4.190%	4,036,878	162,347	2023-12-31
T. Rowe Price Investment Management,Inc.	5.156%	-2.467%	3,862,042	-97,675	2023-12-31
T. Rowe Price Associates, Inc.	5.163%	-2.197%	3,760,698	-84,465	2022-06-30
Mariner Value Strategies, LLC	3.219%	1.635%	2,410,827	38,783	2023-12-31
State Street Corporation	2.540%	3.578%	1,902,688	65,720	2023-12-31
Geode Capital Management, LLC	2.076%	4.515%	1,554,615	67,161	2023-12-31
Goldman Sachs Group Inc	1.760%	88.111%	1,317,936	617,321	2023-12-31
Charles Schwab Investment Management Inc	1.047%	4.221%	784,137	31,755	2023-12-31
Northern Trust Corp	0.922%	2.380%	690,862	16,059	2023-12-31
American Century Companies Inc	0.916%	29.061%	685,947	154,455	2023-12-31
Renaissance Technologies Corp	0.839%	-3.343%	628,541	-21,741	2023-12-31
Davenport & Company LLC	0.689%	2.946%	515,749	14,760	2023-03-31
Bank of New York Mellon Corp	0.676%	20.665%	506,648	86,767	2023-12-31
Chartwell Investment Partners, LLC	0.590%	31.593%	442,221	106,168	2023-12-31
Nuveen Asset Management, LLC	0.590%	-2.729%	441,955	-12,399	2023-12-31
Ameriprise Financial Inc	0.583%	2.020%	436,738	8,647	2023-12-31
BB&T Corp.	0.530%	0.461%	396,752	1,822	2023-09-30
NORGES BANK	0.487%	-37.667%	364,617	-220,336	2023-12-31
JPMorgan Chase & Co	0.476%	38.707%	356,819	99,572	2023-12-31
LSV Asset Management	0.472%	-15.316%	353,323	-63,900	2023-12-31
Bank of America Corp	0.467%	34.657%	349,931	90,062	2023-12-31
Royce & Associates, LP	0.443%	-10.245%	331,601	-37,851	2023-09-30
Bridgeway Capital Management, LLC	0.382%	48.712%	286,200	93,748	2023-09-30

Mutual Fund Ownership

T. Rowe Price Small-Cap Value is the biggest individual fund holder of Towne Bank (TOWN), owning a total of 2.3 million shares. Combined, the top 33 mutual fund holders of TOWN own 37.65% of the company with a total of 28.2 million shares.

In the latest ownership report on February 29th 2024, the top 33 fund holders increased their combined ownership of TOWN by 19 thousand shares. 6 funds bought 31,304 total additional shares and increased their ownership by an average of 0.64%. However 3 funds sold 11,893 total shares and decreased their ownership by an average of 0.25%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Towne Bank increased by a net total of 19,411 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	2.829%	-0.515%	2,118,888	-10,962	2024-02-29
iShares Russell 2000 ETF	2.348%	-0.016%	1,758,767	-287	2024-02-29
Vanguard Small Cap Index	2.256%	0.933%	1,689,804	15,627	2024-02-29
Vanguard Small Cap Value Index Inv	1.535%	0.420%	1,149,593	4,804	2024-02-29
Vanguard Institutional Extnd Mkt Idx Tr	1.373%	0.072%	1,028,311	740	2024-02-29
Avantis US Small Cap Value ETF	0.845%	0.000%	632,520	0	2024-02-29
Dimensional US Targeted Value ETF	0.696%	0.065%	521,530	338	2024-02-29
State St Russell Sm/Mid Cp® Indx NL Cl C	0.585%	1.811%	438,498	7,800	2024-02-29
Vanguard Dividend Appreciation ETF	0.516%	0.519%	386,633	1,995	2024-02-29
Schwab US Small-Cap ETF™	0.432%	0.000%	323,727	0	2024-02-29
Vanguard High Dividend Yield ETF	0.414%	-0.207%	310,047	-644	2024-02-29

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
T. Rowe Price Small-Cap Value	3.094%	-4.689%	2,317,052	-114,000	2023-12-31
Vanguard Total Stock Mkt Idx Inv	2.829%	-0.515%	2,118,888	-10,962	2024-02-29
Vanguard Instl Ttl Stck Mkt Idx Tr	2.781%	0.676%	2,082,641	13,987	2023-03-31
iShares Russell 2000 ETF	2.348%	-0.016%	1,758,767	-287	2024-02-29
Nuance Mid Cap Value Separate Account	2.311%	10.701%	1,731,048	167,339	2023-12-31
Vanguard Small Cap Index	2.256%	0.933%	1,689,804	15,627	2024-02-29
Nuance Mid Cap Value Institutional	1.647%	23.929%	1,233,910	238,253	2023-10-31
Vanguard Small Cap Value Index Inv	1.535%	0.420%	1,149,593	4,804	2024-02-29
T. Rowe Price U.S. SC Value Eq Tr-Z	1.461%	0.922%	1,094,388	10,000	2023-12-31
Vanguard Institutional Extnd Mkt Idx Tr	1.373%	0.072%	1,028,311	740	2024-02-29
Vanguard Extended Market Index Investor	1.208%	-0.018%	904,139	-166	2023-08-31
DFA US Small Cap Value I	1.178%	0.000%	882,578	0	2024-01-31
Fidelity Small Cap Index	0.933%	0.876%	698,485	6,065	2023-12-31
DFA US Targeted Value I	0.931%	0.000%	697,178	0	2024-01-31
iShares Russell 2000 Value ETF	0.915%	0.127%	685,361	866	2024-02-01
Fidelity® Small Cap Index	0.879%	2.214%	658,275	14,259	2023-09-30
American Century Small Cap Value Inv	0.868%	-21.687%	650,000	-180,000	2023-06-30
American Century U.S. Small Cap Value	0.868%	-21.687%	650,000	-180,000	2023-06-30
Avantis US Small Cap Value ETF	0.845%	0.000%	632,520	0	2024-02-29
Dimensional US Targeted Value ETF	0.696%	0.065%	521,530	338	2024-02-29
DFA US Small Cap I	0.688%	0.000%	514,888	0	2023-07-31
Goldman Sachs Small Cap Value A	0.595%	-10.782%	444,908	-53,766	2022-12-31
Avantis® U.S. Small Cap Value ETF	0.592%	0.000%	443,000	0	2023-07-29
State St Russell Sm/Mid Cp® Indx NL Cl C	0.585%	1.811%	438,498	7,800	2024-02-29
Royce Small-Cap Quality Value Composite	0.529%	15.286%	395,948	52,500	2023-03-31
Vanguard Dividend Appreciation ETF	0.516%	0.519%	386,633	1,995	2024-02-29
Fidelity Extended Market Index	0.511%	0.994%	382,961	3,769	2024-01-31
Davenport Small Cap Focus	0.499%	0.000%	372,743	0	2023-02-28
Fidelity® Extended Market Index	0.492%	3.090%	368,563	11,047	2023-10-31
Schwab US Small-Cap ETF™	0.432%	0.000%	323,727	0	2024-02-29
SPDR® S&P Regional Banking ETF	0.429%	8.517%	321,248	25,213	2023-11-30
Vanguard High Dividend Yield ETF	0.414%	-0.207%	310,047	-644	2024-02-29
Royce Small-Cap Total Return Invmt	0.411%	-10.866%	308,001	-37,547	2023-09-30