First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
77 hedge funds and large institutions have $190M invested in First Connecticut Bancorp, Inc in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
12% more capital invested
Capital invested by funds: $170M → $190M (+$20.2M)
4% more funds holding
Funds holding: 74 → 77 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $260K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.3M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$2.98M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.13M |
| 4 |
Millennium Management
New York
|
+$1.08M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$944K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.76M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$832K |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$514K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$458K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$436K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $2K | +$1.49K | +64 | New |
|
77
BNP Paribas Financial Markets
Paris,
France
| $719 | -$18.2K | -781 | -96% |
|
|
AC
78
Amici Capital
New York
| – | -$32K | -250,000 | Closed |
|
|
BIP
79
Brandes Investment Partners
La Jolla,
California
| – | -$832K | -36,697 | Closed |
|
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$436K | -18,670 | Closed |
|
81
Acadian Asset Management
Boston,
Massachusetts
| – | -$55K | -2,430 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$48K | -2,127 | Closed |
|
FBNK Hedge Fund Activity: Q1 2017 in Review
77 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q1 2017, worth a combined $190M — up 12% from $170M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FBNK positions and 5 closed out — a net gain of 8 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $17.3M. The largest seller was Penn Capital Management, cutting an estimated $1.76M.
- 77 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q1 2017, up from 74 in Q4 2016.
- Funds reported $190M of First Connecticut Bancorp, Inc stock for Q1 2017, up 12% quarter-over-quarter.
- 13 funds opened new First Connecticut Bancorp, Inc positions in Q1 2017 and 5 closed out, a net change of +8 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q1 2017 was BlackRock, an estimated $17.3M added.
- The largest First Connecticut Bancorp, Inc seller in Q1 2017 was Penn Capital Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q1 2017.