Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
28 hedge funds and large institutions have $45.7M invested in Atlantic Coast Financial Corporation in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $44M → $45.7M (+$1.77M)
13% less funds holding
Funds holding: 32 → 28 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.35M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$42.7K |
| 3 |
Renaissance Technologies
New York
|
+$41.6K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$36K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$298K |
| 2 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$290K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$200K |
| 4 |
Bank of New York Mellon
New York
|
-$97K |
| 5 |
Goldman Sachs
New York
|
-$93K |
ACFC Hedge Fund Activity: Q1 2016 in Review
28 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q1 2016, worth a combined $45.7M — up 4% from $44M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACFC and 1 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was EJF Capital, opening a new position worth an estimated $1.35M. The largest seller was Curi RMB Capital, cutting an estimated $298K.
- 28 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $45.7M of Atlantic Coast Financial Corporation stock for Q1 2016, up 4% quarter-over-quarter.
- 1 fund opened new Atlantic Coast Financial Corporation positions in Q1 2016 and 5 closed out, a net change of -4 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q1 2016 was EJF Capital, an estimated $1.35M added.
- The largest Atlantic Coast Financial Corporation seller in Q1 2016 was Curi RMB Capital, an estimated $298K sold.
Based on aggregated 13F filings for Q1 2016.