BNC Bancorp
BNCN
BNCN was delisted on the 15th of June, 2017.
127 hedge funds and large institutions have $661M invested in BNC Bancorp in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 12 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
22% more capital invested
Capital invested by funds: $542M → $661M (+$120M)
2.55% more ownership
Funds ownership: 49.59% → 52.14% (+2.6%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% less funds holding
Funds holding: 128 → 127 (-1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.8M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
+$21.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$20M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$13.2M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$25.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.8M |
| 3 |
Renaissance Technologies
New York
|
-$4.4M |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$4.27M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.83M |
BNCN Hedge Fund Activity: Q3 2016 in Review
127 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q3 2016, worth a combined $661M — up 22% from $542M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BNCN positions and 12 closed out — a net gain of 1 holder — while 49 added to existing stakes and 38 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $26.8M. The largest seller was Forest Hill Capital, cutting an estimated $25.9M.
- 127 institutional investors held BNC Bancorp (BNCN) as of Q3 2016, down from 128 in Q2 2016.
- Funds reported $661M of BNC Bancorp stock for Q3 2016, up 22% quarter-over-quarter.
- 13 funds opened new BNC Bancorp positions in Q3 2016 and 12 closed out, a net change of +1 holder.
- The largest BNC Bancorp buyer in Q3 2016 was T. Rowe Price Associates, an estimated $26.8M added.
- The largest BNC Bancorp seller in Q3 2016 was Forest Hill Capital, an estimated $25.9M sold.
Based on aggregated 13F filings for Q3 2016.