Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
35 hedge funds and large institutions have $43M invested in Atlantic Coast Financial Corporation in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
24% more capital invested
Capital invested by funds: $34.6M → $43M (+$8.34M)
21% more funds holding
Funds holding: 29 → 35 (+6)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$5.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$501K |
| 3 |
Renaissance Technologies
New York
|
+$447K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$297K |
| 5 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$5.79M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$147K |
| 3 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$144K |
| 4 |
Bank of New York Mellon
New York
|
-$136K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$132K |
ACFC Hedge Fund Activity: Q3 2015 in Review
35 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q3 2015, worth a combined $43M — up 24% from $34.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ACFC positions and 4 closed out — a net gain of 6 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was PL Capital Advisors, opening a new position worth an estimated $5.3M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $5.79M sold.
- 35 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $43M of Atlantic Coast Financial Corporation stock for Q3 2015, up 24% quarter-over-quarter.
- 10 funds opened new Atlantic Coast Financial Corporation positions in Q3 2015 and 4 closed out, a net change of +6 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q3 2015 was PL Capital Advisors, an estimated $5.3M added.
- The largest Atlantic Coast Financial Corporation seller in Q3 2015 was Basswood Capital Management, an estimated $5.79M sold.
Based on aggregated 13F filings for Q3 2015.