First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
89 hedge funds and large institutions have $198M invested in First Connecticut Bancorp, Inc in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 12 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
1% less funds holding
Funds holding: 90 → 89 (-1)
6% less capital invested
Capital invested by funds: $211M → $198M (-$13.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.76M |
| 2 |
RA
Royce & Associates
New York
|
+$1.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$979K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$899K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$841K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
-$11.5M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$2M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.59M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.3M |
| 5 |
Millennium Management
New York
|
-$756K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$14K | -515 | Closed |
|
FBNK Hedge Fund Activity: Q4 2017 in Review
89 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q4 2017, worth a combined $198M — down 6.4% from $211M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FBNK and 11 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $1.76M. The largest seller was Clover Partners, cutting an estimated $11.5M.
- 89 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q4 2017, down from 90 in Q3 2017.
- Funds reported $198M of First Connecticut Bancorp, Inc stock for Q4 2017, down 6.4% quarter-over-quarter.
- 11 funds opened new First Connecticut Bancorp, Inc positions in Q4 2017 and 12 closed out, a net change of -1 holder.
- The largest First Connecticut Bancorp, Inc buyer in Q4 2017 was BlackRock, an estimated $1.76M added.
- The largest First Connecticut Bancorp, Inc seller in Q4 2017 was Clover Partners, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2017.