ASB Bancorp Inc
ASBB
ASBB was delisted on the 29th of September, 2017.
25 hedge funds and large institutions have $30.9M invested in ASB Bancorp Inc in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 0 closing their positions.
25% more funds holding
Funds holding: 20 → 25 (+5)
8% less capital invested
Capital invested by funds: $33.7M → $30.9M (-$2.78M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFM
Parsec Financial Management
Asheville,
North Carolina
|
+$295K |
| 2 |
Goldman Sachs
New York
|
+$249K |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$246K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$126K |
| 5 |
AWM
Altavista Wealth Management
Asheville,
North Carolina
|
+$54.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.24M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$316K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$29.2K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$29K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$24.9K |
ASBB Hedge Fund Activity: Q1 2016 in Review
25 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in ASB Bancorp Inc (ASBB) for Q1 2016, worth a combined $30.9M — down 8.3% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ASBB positions and 0 closed out — a net gain of 5 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Parsec Financial Management, opening a new position worth an estimated $295K. The largest seller was Vanguard Group, cutting an estimated $1.24M.
- 25 institutional investors held ASB Bancorp Inc (ASBB) as of Q1 2016, up from 20 in Q4 2015.
- Funds reported $30.9M of ASB Bancorp Inc stock for Q1 2016, down 8.3% quarter-over-quarter.
- 5 funds opened new ASB Bancorp Inc positions in Q1 2016 and 0 closed out, a net change of +5 holders.
- The largest ASB Bancorp Inc buyer in Q1 2016 was Parsec Financial Management, an estimated $295K added.
- The largest ASB Bancorp Inc seller in Q1 2016 was Vanguard Group, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2016.