First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
74 hedge funds and large institutions have $123M invested in First Connecticut Bancorp, Inc in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
4% more funds holding
Funds holding: 71 → 74 (+3)
3% more capital invested
Capital invested by funds: $120M → $123M (+$3.88M)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$3.66M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.58M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$1.29M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$480K |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.24M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$1.83M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.72M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.05M |
| 5 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$315K |
FBNK Hedge Fund Activity: Q3 2015 in Review
74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q3 2015, worth a combined $123M — up 3.2% from $120M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FBNK positions and 2 closed out — a net gain of 3 holders — while 23 added to existing stakes and 30 trimmed.
The largest buyer was Penn Capital Management, opening a new position worth an estimated $3.66M. The largest seller was Rutabaga Capital Management, cutting an estimated $2.24M.
- 74 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q3 2015, up from 71 in Q2 2015.
- Funds reported $123M of First Connecticut Bancorp, Inc stock for Q3 2015, up 3.2% quarter-over-quarter.
- 5 funds opened new First Connecticut Bancorp, Inc positions in Q3 2015 and 2 closed out, a net change of +3 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q3 2015 was Penn Capital Management, an estimated $3.66M added.
- The largest First Connecticut Bancorp, Inc seller in Q3 2015 was Rutabaga Capital Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2015.