First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
75 hedge funds and large institutions have $122M invested in First Connecticut Bancorp, Inc in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
1% more funds holding
Funds holding: 74 → 75 (+1)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
1% less capital invested
Capital invested by funds: $123M → $122M (-$1.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$2.25M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$1.55M |
| 3 |
Renaissance Technologies
New York
|
+$1.48M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$791K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$15.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.93M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$702K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$580K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$495K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
Basswood Capital Management
New York
| – | -$15.5M | -961,856 | Closed |
|
|
CP
77
Clover Partners
Dallas,
Texas
| – | -$197K | -12,200 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$184K | -11,371 | Closed |
|
|
PAM
79
Panagora Asset Management
Boston,
Massachusetts
| – | -$132K | -8,172 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$1K | -84 | Closed |
|
FBNK Hedge Fund Activity: Q4 2015 in Review
75 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q4 2015, worth a combined $122M — down 1.4% from $123M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FBNK positions and 5 closed out — a net gain of 3 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Mendon Capital Advisors, opening a new position worth an estimated $2.25M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $15.5M sold.
- 75 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q4 2015, up from 74 in Q3 2015.
- Funds reported $122M of First Connecticut Bancorp, Inc stock for Q4 2015, down 1.4% quarter-over-quarter.
- 8 funds opened new First Connecticut Bancorp, Inc positions in Q4 2015 and 5 closed out, a net change of +3 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q4 2015 was Mendon Capital Advisors, an estimated $2.25M added.
- The largest First Connecticut Bancorp, Inc seller in Q4 2015 was Basswood Capital Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2015.