First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
84 hedge funds and large institutions have $240M invested in First Connecticut Bancorp, Inc in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 15 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
2% less capital invested
Capital invested by funds: $246M → $240M (-$5.65M)
7% less funds holding
Funds holding: 90 → 84 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$7.04M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.54M |
| 3 |
Renaissance Technologies
New York
|
+$2.82M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$2.17M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$10.8M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$3.89M |
| 3 |
JP Morgan Chase
New York
|
-$2.2M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.71M |
| 5 |
Capstone Investment Advisors
New York
|
-$1.27M |
FBNK Hedge Fund Activity: Q3 2018 in Review
84 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q3 2018, worth a combined $240M — down 2.3% from $246M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FBNK and 9 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 29 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $7.04M. The largest seller was Tudor Investment Corp, exiting entirely with an estimated $10.8M sold.
- 84 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q3 2018, down from 90 in Q2 2018.
- Funds reported $240M of First Connecticut Bancorp, Inc stock for Q3 2018, down 2.3% quarter-over-quarter.
- 9 funds opened new First Connecticut Bancorp, Inc positions in Q3 2018 and 15 closed out, a net change of -6 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q3 2018 was W.R. Berkley Corp, an estimated $7.04M added.
- The largest First Connecticut Bancorp, Inc seller in Q3 2018 was Tudor Investment Corp, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2018.