Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
34 hedge funds and large institutions have $78.1M invested in Atlantic Coast Financial Corporation in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
29% more capital invested
Capital invested by funds: $60.5M → $78.1M (+$17.5M)
13% more funds holding
Funds holding: 30 → 34 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.34M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.13M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$547K |
| 4 |
State Street
Boston,
Massachusetts
|
+$547K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$499K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$839K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$49K |
| 3 |
BlackRock
New York
|
-$32.2K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
-$17.8K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $48K | +$44.6K | +5,493 | New |
|
27
Victory Capital Management
San Antonio,
Texas
| $30K | – | – | – |
|
|
DAM
28
Delta Asset Management
Memphis,
Tennessee
| $6K | +$5.27K | +650 | New |
|
|
MA
29
MUFG Americas
New York
| $3K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
NFA
31
Nationwide Fund Advisors
Columbus,
Ohio
| $2K | – | – | – |
|
32
JP Morgan Chase
New York
| $2K | +$1.81K | +223 | New |
|
|
33
UBS Group
Zurich,
Switzerland
| – | -$49K | -6,219 | Closed |
|
|
34
SEI Investments
Oaks,
Pennsylvania
| – | -$16K | -2,000 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -178 | Closed |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$24 | +3 | New |
|
ACFC Hedge Fund Activity: Q3 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q3 2017, worth a combined $78.1M — up 29% from $60.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ACFC positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $4.34M. The largest seller was AllianceBernstein, cutting an estimated $839K.
- 34 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q3 2017, up from 30 in Q2 2017.
- Funds reported $78.1M of Atlantic Coast Financial Corporation stock for Q3 2017, up 29% quarter-over-quarter.
- 8 funds opened new Atlantic Coast Financial Corporation positions in Q3 2017 and 4 closed out, a net change of +4 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q3 2017 was Kennedy Capital Management, an estimated $4.34M added.
- The largest Atlantic Coast Financial Corporation seller in Q3 2017 was AllianceBernstein, an estimated $839K sold.
Based on aggregated 13F filings for Q3 2017.