BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
70 hedge funds and large institutions have $175M invested in BNC Bancorp in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
46% more capital invested
Capital invested by funds: $120M → $175M (+$55.4M)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
9% more funds holding
Funds holding: 64 → 70 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$996K |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$941K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$799K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$702K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.44M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$629K |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
-$351K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$339K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -502 | Closed |
|
BNCN Hedge Fund Activity: Q4 2013 in Review
70 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q4 2013, worth a combined $175M — up 46% from $120M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BNCN positions and 7 closed out — a net gain of 6 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Emerald Mutual Fund Advisers Trust, opening a new position worth an estimated $996K. The largest seller was Banc Funds Company, cutting an estimated $2.44M.
- 70 institutional investors held BNC Bancorp (BNCN) as of Q4 2013, up from 64 in Q3 2013.
- Funds reported $175M of BNC Bancorp stock for Q4 2013, up 46% quarter-over-quarter.
- 13 funds opened new BNC Bancorp positions in Q4 2013 and 7 closed out, a net change of +6 holders.
- The largest BNC Bancorp buyer in Q4 2013 was Emerald Mutual Fund Advisers Trust, an estimated $996K added.
- The largest BNC Bancorp seller in Q4 2013 was Banc Funds Company, an estimated $2.44M sold.
Based on aggregated 13F filings for Q4 2013.