BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
104 hedge funds and large institutions have $376M invested in BNC Bancorp in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 17 reducing their positions, and 10 closing their positions.
212% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 17
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
30% more capital invested
Capital invested by funds: $289M → $376M (+$86.7M)
7% more funds holding
Funds holding: 97 → 104 (+7)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.87M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$6.52M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$3.19M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$3.14M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZDA
Zweig-DiMenna Associates
New York
|
-$1.72M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$809K |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$676K |
| 4 |
Millennium Management
New York
|
-$574K |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$477K |
BNCN Hedge Fund Activity: Q3 2015 in Review
104 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q3 2015, worth a combined $376M — up 30% from $289M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BNCN positions and 10 closed out — a net gain of 7 holders — while 53 added to existing stakes and 17 trimmed.
The largest buyer was Vanguard Group, adding an estimated $6.87M. The largest seller was Zweig-DiMenna Associates, cutting an estimated $1.72M.
- 104 institutional investors held BNC Bancorp (BNCN) as of Q3 2015, up from 97 in Q2 2015.
- Funds reported $376M of BNC Bancorp stock for Q3 2015, up 30% quarter-over-quarter.
- 17 funds opened new BNC Bancorp positions in Q3 2015 and 10 closed out, a net change of +7 holders.
- The largest BNC Bancorp buyer in Q3 2015 was Vanguard Group, an estimated $6.87M added.
- The largest BNC Bancorp seller in Q3 2015 was Zweig-DiMenna Associates, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2015.