1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
34 hedge funds and large institutions have $38.1M invested in 1st Constitution Bancorp in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $33.2M → $38.1M (+$4.94M)
3% more funds holding
Funds holding: 33 → 34 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.95M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.11M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$849K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$475K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.18M |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$1M |
| 3 |
Bank of New York Mellon
New York
|
-$199K |
| 4 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$139K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$72K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
26
Alexandria Capital
Arlington,
Virginia
| $162K | – | – | – |
|
|
SCM
27
Segantii Capital Management
Hong Kong
| $152K | +$127K | +6,960 | +535% |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $141K | – | – | – |
|
29
JP Morgan Chase
New York
| $67K | +$15.1K | +831 | +30% |
|
30
BlackRock
New York
| $62K | +$61.4K | +3,373 | New |
|
31
UBS Group
Zurich,
Switzerland
| $51K | -$109 | -6 | -0.2% |
|
|
AIM
32
Acrospire Investment Management
Chicago,
Illinois
| $44K | -$139K | -7,638 | -76% |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $7K | +$3.15K | +173 | +77% |
|
34
Bank of America
Charlotte,
North Carolina
| $6K | +$218 | +12 | +4% |
|
|
BCM
35
Basswood Capital Management
New York
| – | -$1.18M | -63,152 | Closed |
|
|
EVC
36
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$1M | -53,488 | Closed |
|
|
37
Bank of New York Mellon
New York
| – | -$199K | -10,663 | Closed |
|
|
OSAM
38
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$72K | -3,840 | Closed |
|
FCCY Hedge Fund Activity: Q1 2017 in Review
34 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q1 2017, worth a combined $38.1M — up 15% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FCCY positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $2.95M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $1.18M sold.
- 34 institutional investors held 1st Constitution Bancorp (FCCY) as of Q1 2017, up from 33 in Q4 2016.
- Funds reported $38.1M of 1st Constitution Bancorp stock for Q1 2017, up 15% quarter-over-quarter.
- 7 funds opened new 1st Constitution Bancorp positions in Q1 2017 and 4 closed out, a net change of +3 holders.
- The largest 1st Constitution Bancorp buyer in Q1 2017 was Wellington Management Group, an estimated $2.95M added.
- The largest 1st Constitution Bancorp seller in Q1 2017 was Basswood Capital Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2017.