DNB Financial Corp
DNBF
DNBF was delisted on the 29th of November, 2019.
55 hedge funds and large institutions have $76M invested in DNB Financial Corp in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 6 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
8% more funds holding
Funds holding: 51 → 55 (+4)
1% more capital invested
Capital invested by funds: $75.5M → $76M (+$561K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.04M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.3M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.81M |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$2.07M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$9.74M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.58M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$4.61M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.75M |
| 5 |
VF
Virtu Financial
New York
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $12K | – | – | – |
|
52
Nisa Investment Advisors
St. Louis,
Missouri
| $12K | +$2.62K | +60 | +30% |
|
|
EIP
53
Ellis Investment Partners
Berwyn,
Pennsylvania
| $10K | – | – | – |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $10K | +$9.32K | +213 | New |
|
55
Citigroup
New York
| $4K | -$35K | -801 | -90% |
|
|
CCM
56
Castine Capital Management
Boston,
Massachusetts
| – | -$9.74M | -219,042 | Closed |
|
|
PTC
57
Philadelphia Trust Company
Philadelphia,
Pennsylvania
| – | -$4.61M | -103,755 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$411K | -9,246 | Closed |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -84 | Closed |
|
|
OSAM
60
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -44 | Closed |
|
DNBF Hedge Fund Activity: Q3 2019 in Review
55 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in DNB Financial Corp (DNBF) for Q3 2019, worth a combined $76M — up 0.74% from $75.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DNBF positions and 6 closed out — a net gain of 4 holders — while 21 added to existing stakes and 8 trimmed.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $4.04M. The largest seller was Castine Capital Management, exiting entirely with an estimated $9.74M sold.
- 55 institutional investors held DNB Financial Corp (DNBF) as of Q3 2019, up from 51 in Q2 2019.
- Funds reported $76M of DNB Financial Corp stock for Q3 2019, up 0.74% quarter-over-quarter.
- 10 funds opened new DNB Financial Corp positions in Q3 2019 and 6 closed out, a net change of +4 holders.
- The largest DNB Financial Corp buyer in Q3 2019 was Gardner Lewis Asset Management, an estimated $4.04M added.
- The largest DNB Financial Corp seller in Q3 2019 was Castine Capital Management, an estimated $9.74M sold.
Based on aggregated 13F filings for Q3 2019.