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BNCN

BNC Bancorp
BNCN

Delisted

BNCN was delisted on the 15th of June, 2017.

135 hedge funds and large institutions have $1.08B invested in BNC Bancorp in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11% more capital invested

Capital invested by funds: $973M → $1.08B (+$108M)

12% less funds holding

Funds holding: 154135 (-19)

20% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 50

36% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 33

Holders
135
Holders Change
-19
Holders Change %
-12.34%
% of All Funds
3.36%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
21
Increased
40
Reduced
50
Closed
33
Calls
$815K
Puts
Net Calls
+$815K
Net Calls Change
-$234K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$128M +$36.9M +1,064,842 +41%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$106M -$1.6M -46,104 -2%
BlackRock
3
BlackRock
New York
$98M +$96.7M +2,787,966 +29,776%
Franklin Resources
4
Franklin Resources
California
$77.6M -$7.52M -216,900 -9%
MCA
5
Mendon Capital Advisors
Florida
$61.5M +$4.78M +137,795 +9%
VNIM
6
Vaughan Nelson Investment Management
Texas
$60.2M +$59.6M +1,718,400 New
Goldman Sachs
7
Goldman Sachs
New York
$57.4M +$2.29M +66,136 +4%
ACP
8
Aquiline Capital Partners
New York
$52.8M
FCM
9
FJ Capital Management
Virginia
$41.7M -$72.8K -2,100 -0.2%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$32M +$794K +22,893 +3%
PIM
11
Perkins Investment Management
Illinois
$27.2M -$353K -10,175 -1%
State Street
12
State Street
Massachusetts
$26.2M +$1.55M +44,684 +6%
Northern Trust
13
Northern Trust
Illinois
$23.6M +$833K +24,021 +4%
CRC
14
Curi RMB Capital
Illinois
$18.2M +$2.23M +64,221 +14%
ICOM
15
Investment Counselors of Maryland
Maryland
$14.6M -$65.9K -1,900 -0.5%
PCM
16
Polaris Capital Management
Massachusetts
$14.4M -$225K -6,500 -2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$13.6M +$825K +23,779 +7%
KCM
18
Kennedy Capital Management
Missouri
$11.5M -$132K -3,793 -1%
WC
19
Walthausen & Co
New York
$10.9M -$677K -19,510 -6%
NC
20
Northpointe Capital
Michigan
$10.3M -$3.8M -109,607 -27%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$10.2M -$5.92M -170,651 -37%
VI
22
Versor Investments
New York
$9.57M +$9.47M +272,942 New
EPCA
23
Elizabeth Park Capital Advisors
Ohio
$9.2M +$1.98M +57,154 +28%
WIC
24
Water Island Capital
New York
$8.44M +$8.35M +240,763 New
FHC
25
Forest Hill Capital
Arkansas
$8.22M -$1.85M -53,206 -18%

BNCN Hedge Fund Activity: Q1 2017 in Review

135 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BNC Bancorp (BNCN) for Q1 2017, worth a combined $1.08B — up 11% from $973M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of BNCN and 21 opened new positions — a net loss of 12 holders — while 50 trimmed existing stakes and 40 added.

The largest buyer was BlackRock, adding an estimated $96.7M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $13.3M sold.

  • 135 institutional investors held BNC Bancorp (BNCN) as of Q1 2017, down from 154 in Q4 2016.
  • Funds reported $1.08B of BNC Bancorp stock for Q1 2017, up 11% quarter-over-quarter.
  • 21 funds opened new BNC Bancorp positions in Q1 2017 and 33 closed out, a net change of -12 holders.
  • The largest BNC Bancorp buyer in Q1 2017 was BlackRock, an estimated $96.7M added.
  • The largest BNC Bancorp seller in Q1 2017 was Phocas Financial Corp, an estimated $13.3M sold.

Based on aggregated 13F filings for Q1 2017.