1st Constitution Bancorp
FCCY
FCCY was delisted on the 6th of January, 2022.
52 hedge funds and large institutions have $72.4M invested in 1st Constitution Bancorp in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 3 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $64.8M → $72.4M (+$7.65M)
4% less funds holding
Funds holding: 54 → 52 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.26M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$972K |
| 3 |
BlackRock
New York
|
+$689K |
| 4 |
JP Morgan Chase
New York
|
+$205K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.88M |
| 2 |
State Street
Boston,
Massachusetts
|
-$577K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$338K |
| 4 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$179K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$129K |
FCCY Hedge Fund Activity: Q1 2021 in Review
52 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in 1st Constitution Bancorp (FCCY) for Q1 2021, worth a combined $72.4M — up 12% from $64.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FCCY and 1 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Banc Funds Company, adding an estimated $1.26M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.88M sold.
- 52 institutional investors held 1st Constitution Bancorp (FCCY) as of Q1 2021, down from 54 in Q4 2020.
- Funds reported $72.4M of 1st Constitution Bancorp stock for Q1 2021, up 12% quarter-over-quarter.
- 1 fund opened new 1st Constitution Bancorp positions in Q1 2021 and 3 closed out, a net change of -2 holders.
- The largest 1st Constitution Bancorp buyer in Q1 2021 was Banc Funds Company, an estimated $1.26M added.
- The largest 1st Constitution Bancorp seller in Q1 2021 was Kennedy Capital Management, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2021.