First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
65 hedge funds and large institutions have $129M invested in First Connecticut Bancorp, Inc in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.
8% more capital invested
Capital invested by funds: $120M → $129M (+$9.06M)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 70 → 65 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.65M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$468K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$294K |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$285K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UM
Ulysses Management
New York
|
-$828K |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$468K |
| 3 |
CP
Clover Partners
Dallas,
Texas
|
-$370K |
| 4 |
Millennium Management
New York
|
-$306K |
| 5 |
Morgan Stanley
New York
|
-$282K |
FBNK Hedge Fund Activity: Q3 2016 in Review
65 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q3 2016, worth a combined $129M — up 7.6% from $120M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FBNK and 2 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $1.65M. The largest seller was Ulysses Management, exiting entirely with an estimated $828K sold.
- 65 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q3 2016, down from 70 in Q2 2016.
- Funds reported $129M of First Connecticut Bancorp, Inc stock for Q3 2016, up 7.6% quarter-over-quarter.
- 2 funds opened new First Connecticut Bancorp, Inc positions in Q3 2016 and 7 closed out, a net change of -5 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q3 2016 was FJ Capital Management, an estimated $1.65M added.
- The largest First Connecticut Bancorp, Inc seller in Q3 2016 was Ulysses Management, an estimated $828K sold.
Based on aggregated 13F filings for Q3 2016.