1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
52 hedge funds and large institutions have $48.3M invested in 1st Constitution Bancorp in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 4 closing their positions.
3% less capital invested
Capital invested by funds: $50M → $48.3M (-$1.68M)
4% less funds holding
Funds holding: 54 → 52 (-2)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$799K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$364K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$322K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$175K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$608K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$329K |
| 3 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$229K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$203K |
| 5 |
Renaissance Technologies
New York
|
-$198K |
FCCY Hedge Fund Activity: Q3 2020 in Review
52 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q3 2020, worth a combined $48.3M — down 3.4% from $50M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FCCY and 2 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 16 added.
The largest buyer was Maltese Capital Management, adding an estimated $799K. The largest seller was Stieven Capital Advisors, cutting an estimated $608K.
- 52 institutional investors held 1st Constitution Bancorp (FCCY) as of Q3 2020, down from 54 in Q2 2020.
- Funds reported $48.3M of 1st Constitution Bancorp stock for Q3 2020, down 3.4% quarter-over-quarter.
- 2 funds opened new 1st Constitution Bancorp positions in Q3 2020 and 4 closed out, a net change of -2 holders.
- The largest 1st Constitution Bancorp buyer in Q3 2020 was Maltese Capital Management, an estimated $799K added.
- The largest 1st Constitution Bancorp seller in Q3 2020 was Stieven Capital Advisors, an estimated $608K sold.
Based on aggregated 13F filings for Q3 2020.