First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
85 hedge funds and large institutions have $200M invested in First Connecticut Bancorp, Inc in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
10% more funds holding
Funds holding: 77 → 85 (+8)
5% more capital invested
Capital invested by funds: $190M → $200M (+$10.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$9.71M |
| 2 |
BlackRock
New York
|
+$4.32M |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$2.13M |
| 4 |
Millennium Management
New York
|
+$1.84M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$12.4M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$3.16M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.08M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.93M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.09M |
FBNK Hedge Fund Activity: Q2 2017 in Review
85 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q2 2017, worth a combined $200M — up 5.3% from $190M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FBNK positions and 5 closed out — a net gain of 8 holders — while 25 added to existing stakes and 26 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $9.71M. The largest seller was EJF Capital, exiting entirely with an estimated $12.4M sold.
- 85 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q2 2017, up from 77 in Q1 2017.
- Funds reported $200M of First Connecticut Bancorp, Inc stock for Q2 2017, up 5.3% quarter-over-quarter.
- 13 funds opened new First Connecticut Bancorp, Inc positions in Q2 2017 and 5 closed out, a net change of +8 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q2 2017 was FJ Capital Management, an estimated $9.71M added.
- The largest First Connecticut Bancorp, Inc seller in Q2 2017 was EJF Capital, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2017.