First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
62 hedge funds and large institutions have $131M invested in First Connecticut Bancorp, Inc in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 10 closing their positions.
14% more capital invested
Capital invested by funds: $115M → $131M (+$15.8M)
3% less funds holding
Funds holding: 64 → 62 (-2)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.38M |
| 2 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$2.09M |
| 3 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
+$977K |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$278K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$2.76M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.13M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1M |
| 4 |
OC
Oppenheimer & Close
New York
|
-$491K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$343K |
FBNK Hedge Fund Activity: Q4 2013 in Review
62 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q4 2013, worth a combined $131M — up 14% from $115M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FBNK and 8 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 19 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $6.38M. The largest seller was Moab Capital Partners, exiting entirely with an estimated $2.76M sold.
- 62 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q4 2013, down from 64 in Q3 2013.
- Funds reported $131M of First Connecticut Bancorp, Inc stock for Q4 2013, up 14% quarter-over-quarter.
- 8 funds opened new First Connecticut Bancorp, Inc positions in Q4 2013 and 10 closed out, a net change of -2 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q4 2013 was Basswood Capital Management, an estimated $6.38M added.
- The largest First Connecticut Bancorp, Inc seller in Q4 2013 was Moab Capital Partners, an estimated $2.76M sold.
Based on aggregated 13F filings for Q4 2013.