ASB Bancorp Inc
ASBB
ASBB was delisted on the 29th of September, 2017.
19 hedge funds and large institutions have $30.6M invested in ASB Bancorp Inc in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
10% less funds holding
Funds holding: 21 → 19 (-2)
9.55% less ownership
Funds ownership: 44.25% → 34.7% (-9.6%)
24% less capital invested
Capital invested by funds: $40.3M → $30.6M (-$9.7M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$923K |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$635K |
| 3 |
LBS
Lawrence B. Seidman
|
+$492K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$461K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJ
Stilwell Joseph
|
-$8.24M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$2.6M |
| 3 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
-$1.18M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$14.6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3K |
ASBB Hedge Fund Activity: Q3 2014 in Review
19 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in ASB Bancorp Inc (ASBB) for Q3 2014, worth a combined $30.6M — down 24% from $40.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ASBB and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was Mendon Capital Advisors, adding an estimated $923K. The largest seller was Stilwell Joseph, exiting entirely with an estimated $8.24M sold.
- 19 institutional investors held ASB Bancorp Inc (ASBB) as of Q3 2014, down from 21 in Q2 2014.
- Funds reported $30.6M of ASB Bancorp Inc stock for Q3 2014, down 24% quarter-over-quarter.
- 1 fund opened new ASB Bancorp Inc positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest ASB Bancorp Inc buyer in Q3 2014 was Mendon Capital Advisors, an estimated $923K added.
- The largest ASB Bancorp Inc seller in Q3 2014 was Stilwell Joseph, an estimated $8.24M sold.
Based on aggregated 13F filings for Q3 2014.