BERKSHIRE BANCORP INC
BERK
BERK was delisted on the 27th of November, 2013.
24 hedge funds and large institutions have $6.6M invested in BERKSHIRE BANCORP INC in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 8 closing their positions.
4% less capital invested
Capital invested by funds: $6.88M → $6.6M (-$287K)
20% less funds holding
Funds holding: 30 → 24 (-6)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
FSI Group
Cincinnati,
Ohio
|
+$298K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$132K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$102K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.8K |
| 5 |
HPBT
High Point Bank & Trust
High Point,
North Carolina
|
+$120 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$336K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$148K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$89.4K |
| 4 |
Renaissance Technologies
New York
|
-$81K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$62.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$37K | -4,665 | Closed |
|
|
AIG
27
American International Group
New York
| – | -$23.4K | -2,944 | Closed |
|
|
NFA
28
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$15K | -1,878 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$10K | -1,273 | Closed |
|
30
Citigroup
New York
| – | -$528 | -66 | -97% |
|
|
HPBT
31
High Point Bank & Trust
High Point,
North Carolina
| – | +$120 | +15 | New |
|
BERK Hedge Fund Activity: Q3 2013 in Review
24 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BERKSHIRE BANCORP INC (BERK) for Q3 2013, worth a combined $6.6M — down 4.2% from $6.88M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BERK and 2 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was FSI Group, adding an estimated $298K. The largest seller was Northern Trust, exiting entirely with an estimated $336K sold.
- 24 institutional investors held BERKSHIRE BANCORP INC (BERK) as of Q3 2013, down from 30 in Q2 2013.
- Funds reported $6.6M of BERKSHIRE BANCORP INC stock for Q3 2013, down 4.2% quarter-over-quarter.
- 2 funds opened new BERKSHIRE BANCORP INC positions in Q3 2013 and 8 closed out, a net change of -6 holders.
- The largest BERKSHIRE BANCORP INC buyer in Q3 2013 was FSI Group, an estimated $298K added.
- The largest BERKSHIRE BANCORP INC seller in Q3 2013 was Northern Trust, an estimated $336K sold.
Based on aggregated 13F filings for Q3 2013.