BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
128 hedge funds and large institutions have $542M invested in BNC Bancorp in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
23% more capital invested
Capital invested by funds: $441M → $542M (+$101M)
8% more funds holding
Funds holding: 119 → 128 (+9)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$24.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.77M |
| 4 |
Goldman Sachs
New York
|
+$6.43M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.8M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$10.6M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.93M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$4.86M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
126
Delta Asset Management
Memphis,
Tennessee
| $7K | +$6.75K | +300 | New |
|
|
HR
127
Howe & Rusling
Rochester,
New York
| $3K | – | – | – |
|
|
EC
128
EJF Capital
Arlington,
Virginia
| – | -$10.6M | -500,000 | Closed |
|
|
PI
129
Putnam Investments
Boston,
Massachusetts
| – | -$5.93M | -280,772 | Closed |
|
|
DCM
130
Driehaus Capital Management
Chicago,
Illinois
| – | -$2.81M | -133,085 | Closed |
|
|
SCP
131
Scoria Capital Partners
Stamford,
Connecticut
| – | -$1.07M | -50,800 | Closed |
|
132
Stifel Financial
St. Louis,
Missouri
| – | -$306K | -14,485 | Closed |
|
|
FPFS
133
First Personal Financial Services
Charlotte,
North Carolina
| – | -$100K | -4,735 | Closed |
|
|
MSFP
134
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | -$6K | -300 | Closed |
|
135
Barclays
London,
United Kingdom
| – | -$180 | -8 | -80% |
|
BNCN Hedge Fund Activity: Q2 2016 in Review
128 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q2 2016, worth a combined $542M — up 23% from $441M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BNCN positions and 7 closed out — a net gain of 10 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $24.2M. The largest seller was Wellington Management Group, cutting an estimated $10.8M.
- 128 institutional investors held BNC Bancorp (BNCN) as of Q2 2016, up from 119 in Q1 2016.
- Funds reported $542M of BNC Bancorp stock for Q2 2016, up 23% quarter-over-quarter.
- 17 funds opened new BNC Bancorp positions in Q2 2016 and 7 closed out, a net change of +10 holders.
- The largest BNC Bancorp buyer in Q2 2016 was Franklin Resources, an estimated $24.2M added.
- The largest BNC Bancorp seller in Q2 2016 was Wellington Management Group, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2016.