Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
30 hedge funds and large institutions have $60.5M invested in Atlantic Coast Financial Corporation in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $56.9M → $60.5M (+$3.69M)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 31 → 30 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.51M |
| 2 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
+$774K |
| 3 |
SM
Salzhauer Michael
|
+$392K |
| 4 |
State Street
Boston,
Massachusetts
|
+$340K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.15M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$113K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$61.8K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32.5K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
NFA
27
Nationwide Fund Advisors
Columbus,
Ohio
| $2K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | -$170 | -22 | -11% |
|
|
ZIM
29
ZPR Investment Management
Orange City,
Florida
| – | -$113K | -14,839 | Closed |
|
30
Walleye Trading
New York
| – | -$5 | -682 | Closed |
|
31
Morgan Stanley
New York
| – | -$1.5K | -194 | -99% |
|
ACFC Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q2 2017, worth a combined $60.5M — up 6.5% from $56.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ACFC and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was EJF Capital, adding an estimated $1.51M. The largest seller was Wellington Management Group, cutting an estimated $1.15M.
- 30 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q2 2017, down from 31 in Q1 2017.
- Funds reported $60.5M of Atlantic Coast Financial Corporation stock for Q2 2017, up 6.5% quarter-over-quarter.
- 2 funds opened new Atlantic Coast Financial Corporation positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest Atlantic Coast Financial Corporation buyer in Q2 2017 was EJF Capital, an estimated $1.51M added.
- The largest Atlantic Coast Financial Corporation seller in Q2 2017 was Wellington Management Group, an estimated $1.15M sold.
Based on aggregated 13F filings for Q2 2017.