1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
54 hedge funds and large institutions have $50M invested in 1st Constitution Bancorp in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
2% more funds holding
Funds holding: 53 → 54 (+1)
2% less capital invested
Capital invested by funds: $51.1M → $50M (-$1.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$792K |
| 2 |
State Street
Boston,
Massachusetts
|
+$400K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$324K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$152K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$174K |
| 2 |
JP Morgan Chase
New York
|
-$90.7K |
| 3 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$90.3K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$60K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$50K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bessemer Group
Woodbridge,
New Jersey
| $5K | -$44.1K | -3,600 | -90% |
|
|
PAG
52
Private Advisor Group
Morristown,
New Jersey
| $3K | +$2.76K | +225 | New |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$61 | -5 | -6% |
|
|
54
Russell Investments Group
London,
United Kingdom
| – | -$50K | -3,841 | Closed |
|
|
MAM
55
Meeder Asset Management
Dublin,
Ohio
| – | -$7K | -538 | Closed |
|
FCCY Hedge Fund Activity: Q2 2020 in Review
54 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q2 2020, worth a combined $50M — down 2.1% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCCY positions and 2 closed out — a net gain of 1 holder — while 24 added to existing stakes and 12 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $792K. The largest seller was BlackRock, cutting an estimated $174K.
- 54 institutional investors held 1st Constitution Bancorp (FCCY) as of Q2 2020, up from 53 in Q1 2020.
- Funds reported $50M of 1st Constitution Bancorp stock for Q2 2020, down 2.1% quarter-over-quarter.
- 3 funds opened new 1st Constitution Bancorp positions in Q2 2020 and 2 closed out, a net change of +1 holder.
- The largest 1st Constitution Bancorp buyer in Q2 2020 was AllianceBernstein, an estimated $792K added.
- The largest 1st Constitution Bancorp seller in Q2 2020 was BlackRock, an estimated $174K sold.
Based on aggregated 13F filings for Q2 2020.