ASB Bancorp Inc
ASBB
ASBB was delisted on the 29th of September, 2017.
21 hedge funds and large institutions have $27.7M invested in ASB Bancorp Inc in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.
10% less capital invested
Capital invested by funds: $30.9M → $27.7M (-$3.2M)
16% less funds holding
Funds holding: 25 → 21 (-4)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$446K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$98.9K |
| 3 |
LBS
Lawrence B. Seidman
|
+$12K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.26M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$900K |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$421K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$338K |
| 5 |
Goldman Sachs
New York
|
-$242K |
ASBB Hedge Fund Activity: Q2 2016 in Review
21 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in ASB Bancorp Inc (ASBB) for Q2 2016, worth a combined $27.7M — down 10% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ASBB and 1 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $446K. The largest seller was Wellington Management Group, cutting an estimated $2.26M.
- 21 institutional investors held ASB Bancorp Inc (ASBB) as of Q2 2016, down from 25 in Q1 2016.
- Funds reported $27.7M of ASB Bancorp Inc stock for Q2 2016, down 10% quarter-over-quarter.
- 1 fund opened new ASB Bancorp Inc positions in Q2 2016 and 5 closed out, a net change of -4 holders.
- The largest ASB Bancorp Inc buyer in Q2 2016 was Elizabeth Park Capital Advisors, an estimated $446K added.
- The largest ASB Bancorp Inc seller in Q2 2016 was Wellington Management Group, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2016.