BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
82 hedge funds and large institutions have $219M invested in BNC Bancorp in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 6 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
17% more capital invested
Capital invested by funds: $187M → $219M (+$32.6M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% less funds holding
Funds holding: 84 → 82 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$6.44M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.39M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.28M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.27M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$799K |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
-$440K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$337K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$259K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
76
Ladenburg Thalmann Financial Services
Miami,
Florida
| $20K | – | – | – |
|
|
QI
77
QS Investors
New York
| $15K | +$14.1K | +836 | New |
|
78
AllianceBernstein
Nashville,
Tennessee
| $10K | – | – | – |
|
79
BlackRock
New York
| $9K | – | – | – |
|
80
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $240 | -$13.9K | -826 | -6% |
|
|
FG
83
FSI Group
Cincinnati,
Ohio
| – | -$440K | -28,118 | Closed |
|
|
CS
84
Credit Suisse
Zurich,
Switzerland
| – | -$159K | -10,162 | Closed |
|
85
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$34K | -2,177 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$27K | -1,734 | Closed |
|
87
BNP Paribas Financial Markets
Paris,
France
| – | -$20K | -1,274 | Closed |
|
|
GC
88
Globeflex Capital
San Diego,
California
| – | -$1K | -71 | Closed |
|
BNCN Hedge Fund Activity: Q4 2014 in Review
82 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q4 2014, worth a combined $219M — up 17% from $187M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BNCN positions and 6 closed out — a net gain of 1 holder — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Patriot Financial Partners, adding an estimated $6.44M. The largest seller was Harvest Capital Strategies, cutting an estimated $799K.
- 82 institutional investors held BNC Bancorp (BNCN) as of Q4 2014, down from 84 in Q3 2014.
- Funds reported $219M of BNC Bancorp stock for Q4 2014, up 17% quarter-over-quarter.
- 7 funds opened new BNC Bancorp positions in Q4 2014 and 6 closed out, a net change of +1 holder.
- The largest BNC Bancorp buyer in Q4 2014 was Patriot Financial Partners, an estimated $6.44M added.
- The largest BNC Bancorp seller in Q4 2014 was Harvest Capital Strategies, an estimated $799K sold.
Based on aggregated 13F filings for Q4 2014.