First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
70 hedge funds and large institutions have $120M invested in First Connecticut Bancorp, Inc in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
3% more capital invested
Capital invested by funds: $116M → $120M (+$3.65M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 72 → 70 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$1.74M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.24M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$918K |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$768K |
| 5 |
CP
Clover Partners
Dallas,
Texas
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$3.19M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.99M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.44M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$789K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$291K |
FBNK Hedge Fund Activity: Q2 2016 in Review
70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q2 2016, worth a combined $120M — up 3.1% from $116M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FBNK and 2 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 30 added.
The largest buyer was Hennessy Advisors Inc, adding an estimated $1.74M. The largest seller was Rutabaga Capital Management, cutting an estimated $3.19M.
- 70 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q2 2016, down from 72 in Q1 2016.
- Funds reported $120M of First Connecticut Bancorp, Inc stock for Q2 2016, up 3.1% quarter-over-quarter.
- 2 funds opened new First Connecticut Bancorp, Inc positions in Q2 2016 and 4 closed out, a net change of -2 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q2 2016 was Hennessy Advisors Inc, an estimated $1.74M added.
- The largest First Connecticut Bancorp, Inc seller in Q2 2016 was Rutabaga Capital Management, an estimated $3.19M sold.
Based on aggregated 13F filings for Q2 2016.