BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
154 hedge funds and large institutions have $973M invested in BNC Bancorp in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 8 closing their positions.
375% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 8
48% more capital invested
Capital invested by funds: $658M → $973M (+$316M)
24% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 41
21% more funds holding
Funds holding: 127 → 154 (+27)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPBT
High Point Bank & Trust
High Point,
North Carolina
|
+$51.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.8M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$14.8M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$9.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$24.9M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$13.5M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
-$7.3M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$6.08M |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$5.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
151
Delta Asset Management
Memphis,
Tennessee
| $10K | – | – | – |
|
|
HR
152
Howe & Rusling
Rochester,
New York
| $2K | -$1.26K | -45 | -38% |
|
153
SEI Investments
Oaks,
Pennsylvania
| $1K | -$1.63K | -58 | -60% |
|
|
BBHC
154
Brown Brothers Harriman & Co
New York
| $1K | +$449 | +16 | New |
|
|
HHC
155
Hutchin Hill Capital
New York
| – | -$7.3M | -299,985 | Closed |
|
|
EC
156
EJF Capital
Arlington,
Virginia
| – | -$6.08M | -250,000 | Closed |
|
|
CCM
157
Castine Capital Management
Boston,
Massachusetts
| – | -$5.63M | -231,436 | Closed |
|
158
APG Asset Management
Amsterdam,
Netherlands
| – | -$5.25M | -215,981 | Closed |
|
|
AP
159
AHL Partners
London,
United Kingdom
| – | -$582K | -23,917 | Closed |
|
|
OSAM
160
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$468K | -19,225 | Closed |
|
161
SG Americas Securities
New York
| – | -$206K | -8,450 | Closed |
|
162
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$154K | -6,346 | Closed |
|
BNCN Hedge Fund Activity: Q4 2016 in Review
154 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q4 2016, worth a combined $973M — up 48% from $658M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BNCN positions and 8 closed out — a net gain of 30 holders — while 51 added to existing stakes and 41 trimmed.
The largest buyer was High Point Bank & Trust, adding an estimated $51.1M. The largest seller was BlackRock Group, cutting an estimated $24.9M.
- 154 institutional investors held BNC Bancorp (BNCN) as of Q4 2016, up from 127 in Q3 2016.
- Funds reported $973M of BNC Bancorp stock for Q4 2016, up 48% quarter-over-quarter.
- 38 funds opened new BNC Bancorp positions in Q4 2016 and 8 closed out, a net change of +30 holders.
- The largest BNC Bancorp buyer in Q4 2016 was High Point Bank & Trust, an estimated $51.1M added.
- The largest BNC Bancorp seller in Q4 2016 was BlackRock Group, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2016.