Atlantic Coast Financial Corporation
ACFC
ACFC was delisted on the 25th of May, 2018.
57 hedge funds and large institutions have $97M invested in Atlantic Coast Financial Corporation in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
12% more funds holding
Funds holding: 51 → 57 (+6)
8% more capital invested
Capital invested by funds: $90.1M → $97M (+$6.85M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.26M |
| 2 |
Millennium Management
New York
|
+$700K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$600K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$537K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.8M |
| 2 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$1.09M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$551K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$486K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Victory Capital Management
San Antonio,
Texas
| $34K | -$270 | -26 | -0.8% |
|
|
SIC
52
Salem Investment Counselors
Winston Salem,
North Carolina
| $24K | -$1.09M | -105,000 | -98% |
|
|
CAC
53
Certified Advisory Corp
Altamonte Springs,
Florida
| $20K | -$20.8K | -2,000 | -50% |
|
54
Bank of America
Charlotte,
North Carolina
| $16K | +$13.6K | +1,307 | +462% |
|
|
DAM
55
Delta Asset Management
Memphis,
Tennessee
| $10K | – | – | – |
|
|
LTFS
56
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
KCM
57
Kennedy Capital Management
St Louis,
Missouri
| – | -$4.8M | -508,904 | Closed |
|
58
Acadian Asset Management
Boston,
Massachusetts
| – | -$129K | -13,666 | Closed |
|
59
Bank of New York Mellon
New York
| – | -$98K | -10,321 | Closed |
|
|
DCM
60
Delpha Capital Management
New York
| – | -$4K | -400 | Closed |
|
|
MA
61
MUFG Americas
New York
| – | -$2K | -225 | Closed |
|
ACFC Hedge Fund Activity: Q1 2018 in Review
57 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coast Financial Corporation (ACFC) for Q1 2018, worth a combined $97M — up 7.6% from $90.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ACFC positions and 5 closed out — a net gain of 7 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.26M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $4.8M sold.
- 57 institutional investors held Atlantic Coast Financial Corporation (ACFC) as of Q1 2018, up from 51 in Q4 2017.
- Funds reported $97M of Atlantic Coast Financial Corporation stock for Q1 2018, up 7.6% quarter-over-quarter.
- 12 funds opened new Atlantic Coast Financial Corporation positions in Q1 2018 and 5 closed out, a net change of +7 holders.
- The largest Atlantic Coast Financial Corporation buyer in Q1 2018 was Vanguard Group, an estimated $2.26M added.
- The largest Atlantic Coast Financial Corporation seller in Q1 2018 was Kennedy Capital Management, an estimated $4.8M sold.
Based on aggregated 13F filings for Q1 2018.