BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
84 hedge funds and large institutions have $187M invested in BNC Bancorp in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
2% more funds holding
Funds holding: 82 → 84 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $195M → $187M (-$8.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$18.7M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$3.32M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.3M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.39M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$11.2M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$8.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$974K |
| 4 |
Morgan Stanley
New York
|
-$529K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MUFG Americas
New York
| $17K | +$18.2K | +1,090 | New |
|
|
QBFM
77
QS Batterymarch Financial Management
New York
| $14K | +$13.9K | +836 | New |
|
78
Barclays
London,
United Kingdom
| $10K | +$5.62K | +337 | +103% |
|
79
AllianceBernstein
Nashville,
Tennessee
| $9K | +$10K | +600 | New |
|
80
BlackRock
New York
| $8K | – | – | – |
|
81
US Bancorp
Minneapolis,
Minnesota
| $8K | – | – | – |
|
82
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
GC
83
Globeflex Capital
San Diego,
California
| $1K | +$1.19K | +71 | New |
|
84
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $232 | +$2.14K | +128 | +0.9% |
|
|
BFC
85
Banc Funds Company
Chicago,
Illinois
| – | -$11.2M | -655,091 | Closed |
|
|
BIG
86
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$419K | -24,555 | Closed |
|
|
GC
87
Guggenheim Capital
Chicago,
Illinois
| – | -$227K | -13,298 | Closed |
|
|
VFA
88
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$29K | -1,702 | Closed |
|
89
M&T Bank
Buffalo,
New York
| – | -$16K | -942 | Closed |
|
BNCN Hedge Fund Activity: Q3 2014 in Review
84 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q3 2014, worth a combined $187M — down 4.4% from $195M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BNCN positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Forest Hill Capital, adding an estimated $18.7M. The largest seller was Banc Funds Company, exiting entirely with an estimated $11.2M sold.
- 84 institutional investors held BNC Bancorp (BNCN) as of Q3 2014, up from 82 in Q2 2014.
- Funds reported $187M of BNC Bancorp stock for Q3 2014, down 4.4% quarter-over-quarter.
- 9 funds opened new BNC Bancorp positions in Q3 2014 and 6 closed out, a net change of +3 holders.
- The largest BNC Bancorp buyer in Q3 2014 was Forest Hill Capital, an estimated $18.7M added.
- The largest BNC Bancorp seller in Q3 2014 was Banc Funds Company, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2014.