1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
30 hedge funds and large institutions have $40.8M invested in 1st Constitution Bancorp in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 5 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
6% more capital invested
Capital invested by funds: $38.5M → $40.8M (+$2.29M)
6% less funds holding
Funds holding: 32 → 30 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
+$1.45M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$842K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$242K |
| 4 |
BlackRock
New York
|
+$213K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.34M |
| 2 |
ECM
Element Capital Management
New York
|
-$317K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$147K |
| 4 |
JP Morgan Chase
New York
|
-$48.6K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $50K | -$5.1K | -294 | -10% |
|
27
Wells Fargo
San Francisco,
California
| $41K | +$39.3K | +2,263 | New |
|
28
Macquarie Group
Sydney, NSW 2000,
Australia
| $16K | +$15.7K | +903 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $6K | +$365 | +21 | +7% |
|
|
EMFAT
30
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$1.34M | -75,856 | Closed |
|
|
ECM
31
Element Capital Management
New York
| – | -$317K | -17,954 | Closed |
|
|
32
Acadian Asset Management
Boston,
Massachusetts
| – | -$46K | -2,580 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1K | -57 | Closed |
|
|
AIM
34
Acrospire Investment Management
Chicago,
Illinois
| – | -$1K | -52 | Closed |
|
35
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$35 | +2 | New |
|
FCCY Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q3 2017, worth a combined $40.8M — up 6% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FCCY and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Clover Partners, adding an estimated $1.45M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $1.34M sold.
- 30 institutional investors held 1st Constitution Bancorp (FCCY) as of Q3 2017, down from 32 in Q2 2017.
- Funds reported $40.8M of 1st Constitution Bancorp stock for Q3 2017, up 6% quarter-over-quarter.
- 3 funds opened new 1st Constitution Bancorp positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest 1st Constitution Bancorp buyer in Q3 2017 was Clover Partners, an estimated $1.45M added.
- The largest 1st Constitution Bancorp seller in Q3 2017 was Emerald Mutual Fund Advisers Trust, an estimated $1.34M sold.
Based on aggregated 13F filings for Q3 2017.