BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
119 hedge funds and large institutions have $441M invested in BNC Bancorp in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 46 increasing their positions, 37 reducing their positions, and 13 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less funds holding
Funds holding: 124 → 119 (-5)
11% less capital invested
Capital invested by funds: $498M → $441M (-$57.1M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.61M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$8.53M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$5.13M |
| 4 |
Bank of New York Mellon
New York
|
+$4.24M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.81M |
| 2 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$2.54M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.36M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCA
126
Greenwood Capital Associates
Greenwood,
South Carolina
| – | -$214K | -8,451 | Closed |
|
|
GA
127
Geneva Advisors
Chicago,
Illinois
| – | -$211K | -8,300 | Closed |
|
128
BNP Paribas Financial Markets
Paris,
France
| – | -$142K | -5,602 | Closed |
|
|
CCS
129
Crosspoint Capital Strategies
Orinda,
California
| – | -$93K | -3,668 | Closed |
|
|
IA
130
IFP Advisors
Tampa,
Florida
| – | -$60K | -2,371 | Closed |
|
|
HNB
131
Huntington National Bank
Columbus,
Ohio
| – | -$23K | -890 | Closed |
|
132
Barclays
London,
United Kingdom
| – | -$4.76K | -221 | -96% |
|
BNCN Hedge Fund Activity: Q1 2016 in Review
119 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q1 2016, worth a combined $441M — down 11% from $498M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BNCN and 8 opened new positions — a net loss of 5 holders — while 37 trimmed existing stakes and 46 added.
The largest buyer was Goldman Sachs, adding an estimated $9.61M. The largest seller was Wellington Management Group, cutting an estimated $7.81M.
- 119 institutional investors held BNC Bancorp (BNCN) as of Q1 2016, down from 124 in Q4 2015.
- Funds reported $441M of BNC Bancorp stock for Q1 2016, down 11% quarter-over-quarter.
- 8 funds opened new BNC Bancorp positions in Q1 2016 and 13 closed out, a net change of -5 holders.
- The largest BNC Bancorp buyer in Q1 2016 was Goldman Sachs, an estimated $9.61M added.
- The largest BNC Bancorp seller in Q1 2016 was Wellington Management Group, an estimated $7.81M sold.
Based on aggregated 13F filings for Q1 2016.