Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
31 hedge funds and large institutions have $56.9M invested in Atlantic Coast Financial Corporation in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
13% more capital invested
Capital invested by funds: $50.2M → $56.9M (+$6.64M)
0% more funds holding
Funds holding: 31 → 31 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
+$793K |
| 2 |
BlackRock
New York
|
+$441K |
| 3 |
Renaissance Technologies
New York
|
+$115K |
| 4 |
EM
ELCO Management
New York
|
+$89.1K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$69.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$361K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$144K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$103K |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$8.61K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
-$6.42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
26
Nationwide Fund Advisors
Columbus,
Ohio
| $2K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | +$1.51K | +200 | New |
|
28
Morgan Stanley
New York
| $1K | – | – | – |
|
29
Walleye Trading
New York
| $5 | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$68 | +9 | New |
|
ACFC Hedge Fund Activity: Q1 2017 in Review
31 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q1 2017, worth a combined $56.9M — up 13% from $50.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ACFC positions and 1 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Salzhauer Michael, opening a new position worth an estimated $793K. The largest seller was Wellington Management Group, cutting an estimated $361K.
- 31 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $56.9M of Atlantic Coast Financial Corporation stock for Q1 2017, up 13% quarter-over-quarter.
- 4 funds opened new Atlantic Coast Financial Corporation positions in Q1 2017 and 1 closed out, a net change of +3 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q1 2017 was Salzhauer Michael, an estimated $793K added.
- The largest Atlantic Coast Financial Corporation seller in Q1 2017 was Wellington Management Group, an estimated $361K sold.
Based on aggregated 13F filings for Q1 2017.