1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
25 hedge funds and large institutions have $20.1M invested in 1st Constitution Bancorp in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $17.3M → $20.1M (+$2.77M)
9% more funds holding
Funds holding: 23 → 25 (+2)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$628K |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$408K |
| 3 |
SM
Salzhauer Michael
|
+$203K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$34.6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$936K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$47.3K |
| 3 |
Morgan Stanley
New York
|
-$16.6K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$14.7K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
-$7.68K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$7K | -616 | Closed |
|
27
Axa
Paris,
France
| – | -$1K | -100 | Closed |
|
FCCY Hedge Fund Activity: Q3 2016 in Review
25 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q3 2016, worth a combined $20.1M — up 16% from $17.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FCCY positions and 2 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $628K. The largest seller was Banc Funds Company, cutting an estimated $936K.
- 25 institutional investors held 1st Constitution Bancorp (FCCY) as of Q3 2016, up from 23 in Q2 2016.
- Funds reported $20.1M of 1st Constitution Bancorp stock for Q3 2016, up 16% quarter-over-quarter.
- 4 funds opened new 1st Constitution Bancorp positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest 1st Constitution Bancorp buyer in Q3 2016 was Basswood Capital Management, an estimated $628K added.
- The largest 1st Constitution Bancorp seller in Q3 2016 was Banc Funds Company, an estimated $936K sold.
Based on aggregated 13F filings for Q3 2016.