BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
64 hedge funds and large institutions have $120M invested in BNC Bancorp in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 4 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
31% more capital invested
Capital invested by funds: $91.6M → $120M (+$28M)
3% more funds holding
Funds holding: 62 → 64 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aquiline Capital Partners
New York
|
+$8.21M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.66M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.18M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$730K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$631K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.42M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$802K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$780K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$527K |
| 5 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$218K |
BNCN Hedge Fund Activity: Q3 2013 in Review
64 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q3 2013, worth a combined $120M — up 31% from $91.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BNCN positions and 4 closed out — a net gain of 2 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Aquiline Capital Partners, adding an estimated $8.21M. The largest seller was Kennedy Capital Management, cutting an estimated $2.42M.
- 64 institutional investors held BNC Bancorp (BNCN) as of Q3 2013, up from 62 in Q2 2013.
- Funds reported $120M of BNC Bancorp stock for Q3 2013, up 31% quarter-over-quarter.
- 6 funds opened new BNC Bancorp positions in Q3 2013 and 4 closed out, a net change of +2 holders.
- The largest BNC Bancorp buyer in Q3 2013 was Aquiline Capital Partners, an estimated $8.21M added.
- The largest BNC Bancorp seller in Q3 2013 was Kennedy Capital Management, an estimated $2.42M sold.
Based on aggregated 13F filings for Q3 2013.