First Connecticut Bancorp, Inc
FBNK
FBNK was delisted on the 1st of October, 2018.
74 hedge funds and large institutions have $170M invested in First Connecticut Bancorp, Inc in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
33% more capital invested
Capital invested by funds: $128M → $170M (+$42.7M)
14% more funds holding
Funds holding: 65 → 74 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Amici Capital
New York
|
+$5.04M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.1M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.99M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.5M |
| 5 |
Renaissance Technologies
New York
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
-$1.82M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.61M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$889K |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$602K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$477K |
FBNK Hedge Fund Activity: Q4 2016 in Review
74 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Connecticut Bancorp, Inc (FBNK) for Q4 2016, worth a combined $170M — up 33% from $128M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FBNK positions and 3 closed out — a net gain of 9 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Amici Capital, opening a new position worth an estimated $5.04M. The largest seller was Clover Partners, cutting an estimated $1.82M.
- 74 institutional investors held First Connecticut Bancorp, Inc (FBNK) as of Q4 2016, up from 65 in Q3 2016.
- Funds reported $170M of First Connecticut Bancorp, Inc stock for Q4 2016, up 33% quarter-over-quarter.
- 12 funds opened new First Connecticut Bancorp, Inc positions in Q4 2016 and 3 closed out, a net change of +9 holders.
- The largest First Connecticut Bancorp, Inc buyer in Q4 2016 was Amici Capital, an estimated $5.04M added.
- The largest First Connecticut Bancorp, Inc seller in Q4 2016 was Clover Partners, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2016.