Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
51 hedge funds and large institutions have $90.1M invested in Atlantic Coast Financial Corporation in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
50% more funds holding
Funds holding: 34 → 51 (+17)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
15% more capital invested
Capital invested by funds: $78.1M → $90.1M (+$12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GH
GAM Holding
Zurich,
Switzerland
|
+$4.92M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$3.67M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.39M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$3M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.77M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.26M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.39M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.99M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$542K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
51
EJF Capital
Arlington,
Virginia
| – | -$9.77M | -1,109,234 | Closed |
|
|
52
Wellington Management Group
Boston,
Massachusetts
| – | -$4.26M | -483,857 | Closed |
|
|
TAM
53
THB Asset Management
Norwalk,
Connecticut
| – | -$3.39M | -385,304 | Closed |
|
|
EMFAT
54
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$1.99M | -225,594 | Closed |
|
|
AA
55
Ancora Advisors
Cleveland,
Ohio
| – | -$542K | -61,523 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$133K | -15,117 | Closed |
|
|
NFA
57
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$2K | -235 | Closed |
|
58
JP Morgan Chase
New York
| – | -$2K | -223 | Closed |
|
ACFC Hedge Fund Activity: Q4 2017 in Review
51 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q4 2017, worth a combined $90.1M — up 15% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ACFC positions and 9 closed out — a net gain of 17 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was GAM Holding, opening a new position worth an estimated $4.92M. The largest seller was EJF Capital, exiting entirely with an estimated $9.77M sold.
- 51 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q4 2017, up from 34 in Q3 2017.
- Funds reported $90.1M of Atlantic Coast Financial Corporation stock for Q4 2017, up 15% quarter-over-quarter.
- 26 funds opened new Atlantic Coast Financial Corporation positions in Q4 2017 and 9 closed out, a net change of +17 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q4 2017 was GAM Holding, an estimated $4.92M added.
- The largest Atlantic Coast Financial Corporation seller in Q4 2017 was EJF Capital, an estimated $9.77M sold.
Based on aggregated 13F filings for Q4 2017.