1st Century Bancshares
FCTY
FCTY was delisted on the 30th of June, 2016.
27 hedge funds and large institutions have $15.4M invested in 1st Century Bancshares in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
17% more funds holding
Funds holding: 23 → 27 (+4)
5% more capital invested
Capital invested by funds: $14.6M → $15.4M (+$804K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$354K |
| 2 |
Goldman Sachs
New York
|
+$181K |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$180K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$155K |
| 5 |
Millennium Management
New York
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$242K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$213K |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$109K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
-$49.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
26
BlackRock Investment Management
Wilmington,
Delaware
| $9K | +$1.37K | +190 | +17% |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $361 | – | – | – |
|
|
JMPWA
28
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$109K | -16,000 | Closed |
|
FCTY Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in 1st Century Bancshares (FCTY) for Q2 2015, worth a combined $15.4M — up 5.5% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FCTY positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $354K. The largest seller was Wellington Management Group, cutting an estimated $242K.
- 27 institutional investors held 1st Century Bancshares (FCTY) as of Q2 2015, up from 23 in Q1 2015.
- Funds reported $15.4M of 1st Century Bancshares stock for Q2 2015, up 5.5% quarter-over-quarter.
- 5 funds opened new 1st Century Bancshares positions in Q2 2015 and 1 closed out, a net change of +4 holders.
- The largest 1st Century Bancshares buyer in Q2 2015 was Basswood Capital Management, an estimated $354K added.
- The largest 1st Century Bancshares seller in Q2 2015 was Wellington Management Group, an estimated $242K sold.
Based on aggregated 13F filings for Q2 2015.