Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
31 hedge funds and large institutions have $50.2M invested in Atlantic Coast Financial Corporation in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $48.4M → $50.2M (+$1.85M)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
9% less funds holding
Funds holding: 34 → 31 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$331K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$166K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$90.3K |
| 4 |
Renaissance Technologies
New York
|
+$74.1K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$67.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$1.22M |
| 2 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$624K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$471K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$337K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$165K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
26
MUFG Americas
New York
| $2K | -$2.52K | -375 | -51% |
|
|
NFA
27
Nationwide Fund Advisors
Columbus,
Ohio
| $2K | – | – | – |
|
28
Morgan Stanley
New York
| $1K | -$2.69K | -400 | -67% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
JAM
30
Jacobs Asset Management
New York
| – | -$1.22M | -193,388 | Closed |
|
|
BFC
31
Banc Funds Company
Chicago,
Illinois
| – | -$337K | -53,311 | Closed |
|
|
GCP
32
GSA Capital Partners
London,
United Kingdom
| – | -$165K | -26,129 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$8.13K | -1,208 | -100% |
|
|
AIM
34
Acrospire Investment Management
Chicago,
Illinois
| – | -$8K | -1,200 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -233 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | +$128 | +19 | New |
|
ACFC Hedge Fund Activity: Q4 2016 in Review
31 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q4 2016, worth a combined $50.2M — up 3.8% from $48.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACFC and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $331K. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $1.22M sold.
- 31 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q4 2016, down from 34 in Q3 2016.
- Funds reported $50.2M of Atlantic Coast Financial Corporation stock for Q4 2016, up 3.8% quarter-over-quarter.
- 2 funds opened new Atlantic Coast Financial Corporation positions in Q4 2016 and 5 closed out, a net change of -3 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q4 2016 was Bridgeway Capital Management, an estimated $331K added.
- The largest Atlantic Coast Financial Corporation seller in Q4 2016 was Jacobs Asset Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2016.