BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
135 hedge funds and large institutions have $1.08B invested in BNC Bancorp in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 33 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more capital invested
Capital invested by funds: $973M → $1.08B (+$108M)
12% less funds holding
Funds holding: 154 → 135 (-19)
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
36% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$96.7M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$59.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.9M |
| 4 |
VI
Versor Investments
New York
|
+$9.47M |
| 5 |
WIC
Water Island Capital
New York
|
+$8.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$13.3M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$7.58M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$7.52M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$6.39M |
| 5 |
Bank of New York Mellon
New York
|
-$5.92M |
BNCN Hedge Fund Activity: Q1 2017 in Review
135 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q1 2017, worth a combined $1.08B — up 11% from $973M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BNCN and 21 opened new positions — a net loss of 12 holders — while 50 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $96.7M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $13.3M sold.
- 135 institutional investors held BNC Bancorp (BNCN) as of Q1 2017, down from 154 in Q4 2016.
- Funds reported $1.08B of BNC Bancorp stock for Q1 2017, up 11% quarter-over-quarter.
- 21 funds opened new BNC Bancorp positions in Q1 2017 and 33 closed out, a net change of -12 holders.
- The largest BNC Bancorp buyer in Q1 2017 was BlackRock, an estimated $96.7M added.
- The largest BNC Bancorp seller in Q1 2017 was Phocas Financial Corp, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2017.