Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
34 hedge funds and large institutions have $48.4M invested in Atlantic Coast Financial Corporation in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
10% more funds holding
Funds holding: 31 → 34 (+3)
7% more capital invested
Capital invested by funds: $45M → $48.4M (+$3.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.95M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$1.2M |
| 3 |
Renaissance Technologies
New York
|
+$313K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$173K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.63M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.55M |
| 3 |
Goldman Sachs
New York
|
-$135K |
| 4 |
SIM
Spark Investment Management
New York
|
-$88K |
| 5 |
Morgan Stanley
New York
|
-$76.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Acrospire Investment Management
Chicago,
Illinois
| $8K | +$2.49K | +400 | +50% |
|
27
Bank of America
Charlotte,
North Carolina
| $8K | +$7.52K | +1,209 | New |
|
|
SIC
28
Salem Investment Counselors
Winston Salem,
North Carolina
| $6.33K | – | – | – |
|
|
MA
29
MUFG Americas
New York
| $5K | +$4.58K | +736 | New |
|
|
30
Morgan Stanley
New York
| $4K | -$76.6K | -12,314 | -95% |
|
31
UBS Group
Zurich,
Switzerland
| $4K | +$3.64K | +585 | New |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
NFA
33
Nationwide Fund Advisors
Columbus,
Ohio
| $1K | – | – | – |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $1K | +$1.45K | +233 | New |
|
|
APCM
35
Arbiter Partners Capital Management
New York
| – | -$2.63M | -440,102 | Closed |
|
|
36
Goldman Sachs
New York
| – | -$135K | -22,515 | Closed |
|
|
SIM
37
Spark Investment Management
New York
| – | -$88K | -14,800 | Closed |
|
ACFC Hedge Fund Activity: Q3 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q3 2016, worth a combined $48.4M — up 7.4% from $45M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ACFC positions and 3 closed out — a net gain of 3 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was EJF Capital, adding an estimated $2.95M. The largest seller was Arbiter Partners Capital Management, exiting entirely with an estimated $2.63M sold.
- 34 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q3 2016, up from 31 in Q2 2016.
- Funds reported $48.4M of Atlantic Coast Financial Corporation stock for Q3 2016, up 7.4% quarter-over-quarter.
- 6 funds opened new Atlantic Coast Financial Corporation positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q3 2016 was EJF Capital, an estimated $2.95M added.
- The largest Atlantic Coast Financial Corporation seller in Q3 2016 was Arbiter Partners Capital Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2016.