First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
64 hedge funds and large institutions have $128M invested in First Connecticut Bancorp, Inc in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
6% more capital invested
Capital invested by funds: $121M → $128M (+$7.05M)
3% more funds holding
Funds holding: 62 → 64 (+2)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.23M |
| 2 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$1.87M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$682K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$326K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$312K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.05M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$475K |
| 4 |
GCM
Gruss Capital Management
New York
|
-$428K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$317K |
FBNK Hedge Fund Activity: Q2 2014 in Review
64 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q2 2014, worth a combined $128M — up 5.8% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FBNK positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $3.23M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $1.8M sold.
- 64 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q2 2014, up from 62 in Q1 2014.
- Funds reported $128M of First Connecticut Bancorp, Inc stock for Q2 2014, up 5.8% quarter-over-quarter.
- 8 funds opened new First Connecticut Bancorp, Inc positions in Q2 2014 and 6 closed out, a net change of +2 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q2 2014 was Basswood Capital Management, an estimated $3.23M added.
- The largest First Connecticut Bancorp, Inc seller in Q2 2014 was Hennessy Advisors Inc, an estimated $1.8M sold.
Based on aggregated 13F filings for Q2 2014.