First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
62 hedge funds and large institutions have $115M invested in First Connecticut Bancorp, Inc in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 8 closing their positions.
3% less funds holding
Funds holding: 64 → 62 (-2)
10% less capital invested
Capital invested by funds: $128M → $115M (-$12.4M)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.44M |
| 2 |
MOACM
Mutual of America Capital Management
New York
|
+$731K |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$359K |
| 4 |
BMC
Benin Management Corp
Wilton,
Connecticut
|
+$344K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$534K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$477K |
| 3 |
GCM
Gruss Capital Management
New York
|
-$381K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$350K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$349K |
FBNK Hedge Fund Activity: Q3 2014 in Review
62 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q3 2014, worth a combined $115M — down 9.7% from $128M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FBNK and 6 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 20 added.
The largest buyer was Basswood Capital Management, adding an estimated $3.44M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $534K sold.
- 62 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q3 2014, down from 64 in Q2 2014.
- Funds reported $115M of First Connecticut Bancorp, Inc stock for Q3 2014, down 9.7% quarter-over-quarter.
- 6 funds opened new First Connecticut Bancorp, Inc positions in Q3 2014 and 8 closed out, a net change of -2 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q3 2014 was Basswood Capital Management, an estimated $3.44M added.
- The largest First Connecticut Bancorp, Inc seller in Q3 2014 was Kennedy Capital Management, an estimated $534K sold.
Based on aggregated 13F filings for Q3 2014.