Castine Capital Management’s BNC Bancorp BNCN Stock Holding History

Castine Capital Management’s Portfolio BNCN Stock Details BNCN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-231,436	Closed	-$5.63M	–	40
2016 Q3	$5.63M	Sell	231,436 -13,564	-6%	-$327K	2.8%	13
2016 Q2	$5.56M	Hold	245,000	–	–	2.67%	17
2016 Q1	$5.17M	Hold	245,000	–	–	2.56%	16
2015 Q4	$6.22M	Sell	245,000 -27,301	-10%	-$660K	2.86%	14
2015 Q3	$6.05M	Sell	272,301 -31,582	-10%	-$676K	2.75%	12
2015 Q2	$5.87M	Buy	303,883 +18,084	+6%	+$337K	2.47%	16
2015 Q1	$5.17M	Buy	285,799 +9,944	+4%	+$167K	2.21%	20
2014 Q4	$4.75M	Hold	275,855	–	–	2.07%	22
2014 Q3	$4.32M	Buy	275,855 +199,086	+259%	+$3.32M	1.94%	25
2014 Q2	$1.31M	Buy	76,769 +54,611	+246%	+$927K	0.57%	42
2014 Q1	$384K	Buy	+22,158	New	+$383K	0.16%	45

Other funds holding BNCN

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

HPBT

High Point Bank & Trust High Point, North Carolina $315M AUM 12.21% 1-Year Est. Return

MCA

Mendon Capital Advisors Key Largo, Florida $283M AUM 40.56% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

ACP

Aquiline Capital Partners New York $46.9M AUM 5.65% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

FCM

FJ Capital Management Mclean, Virginia $770M AUM 28.42% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Castine Capital Management's BNCN Position: Q4 2016 in Review

Castine Capital Management sold out of BNC Bancorp (BNCN) in Q4 2016, closing a stake of 231,436 shares — an estimated $5.63M sold.

Castine Capital Management first reported a position in BNCN in Q1 2014 and held it in 11 quarters. The position peaked at $6.22M in Q4 2015. 154 funds tracked by Wall St. Rank hold BNCN as of Q4 2016.

Castine Capital Management reported no remaining BNC Bancorp position as of Q4 2016 after selling out during the quarter.
Castine Capital Management sold 231,436 BNC Bancorp shares in Q4 2016, an estimated $5.63M.
Castine Capital Management first reported a position in BNC Bancorp in Q1 2014 and held it in 11 quarters.
Castine Capital Management's BNC Bancorp position peaked at $6.22M in Q4 2015.
154 funds tracked by Wall St. Rank held BNC Bancorp as of Q4 2016.

Based on Castine Capital Management's 13F filing for Q4 2016, filed 13 Feb 2017.