BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
87 hedge funds and large institutions have $244M invested in BNC Bancorp in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
11% more capital invested
Capital invested by funds: $219M → $244M (+$24.8M)
6% more funds holding
Funds holding: 82 → 87 (+5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.75M |
| 2 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$2.77M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.75M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$1.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$4.71M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$406K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$288K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$247K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$213K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
76
Glenmede Trust
Philadelphia,
Pennsylvania
| $67K | – | – | – |
|
77
Legal & General Group
London,
United Kingdom
| $64K | – | – | – |
|
|
VIA
78
Vantage Investment Advisors
State College,
Pennsylvania
| $49K | +$22.5K | +1,340 | +100% |
|
|
MA
79
MUFG Americas
New York
| $41K | +$7.56K | +450 | +25% |
|
80
AllianceBernstein
Nashville,
Tennessee
| $40K | +$26.9K | +1,600 | +267% |
|
81
Citigroup
New York
| $36K | -$38.4K | -2,284 | -54% |
|
82
EARNEST Partners
Atlanta,
Georgia
| $24K | – | – | – |
|
|
LTFS
83
Ladenburg Thalmann Financial Services
Miami,
Florida
| $19K | – | – | – |
|
84
Barclays
London,
United Kingdom
| $11K | -$17.2K | -1,021 | -63% |
|
85
BlackRock
New York
| $10K | – | – | – |
|
86
BNP Paribas Financial Markets
Paris,
France
| $8.34K | +$7.75K | +461 | New |
|
87
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $229 | -$22.2K | -1,322 | -9% |
|
|
GCP
88
GSA Capital Partners
London,
United Kingdom
| – | -$213K | -12,354 | Closed |
|
|
QI
89
QS Investors
New York
| – | -$15K | -836 | Closed |
|
90
US Bancorp
Minneapolis,
Minnesota
| – | -$9K | -500 | Closed |
|
BNCN Hedge Fund Activity: Q1 2015 in Review
87 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q1 2015, worth a combined $244M — up 11% from $219M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BNCN positions and 3 closed out — a net gain of 5 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $5.75M. The largest seller was Patriot Financial Partners, cutting an estimated $4.71M.
- 87 institutional investors held BNC Bancorp (BNCN) as of Q1 2015, up from 82 in Q4 2014.
- Funds reported $244M of BNC Bancorp stock for Q1 2015, up 11% quarter-over-quarter.
- 8 funds opened new BNC Bancorp positions in Q1 2015 and 3 closed out, a net change of +5 holders.
- The largest BNC Bancorp buyer in Q1 2015 was Putnam Investments, an estimated $5.75M added.
- The largest BNC Bancorp seller in Q1 2015 was Patriot Financial Partners, an estimated $4.71M sold.
Based on aggregated 13F filings for Q1 2015.