1st Century Bancshares
FCTY
FCTY was delisted on the 30th of June, 2016.
28 hedge funds and large institutions have $16.9M invested in 1st Century Bancshares in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 26 → 28 (+2)
11% less capital invested
Capital invested by funds: $19M → $16.9M (-$2.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$74.6K |
| 2 |
SM
Salzhauer Michael
|
+$54.8K |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$42.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$38K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$434K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$170K |
| 3 |
Millennium Management
New York
|
-$80K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
-$52.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
26
BlackRock Investment Management
Wilmington,
Delaware
| $9K | – | – | – |
|
|
BFA
27
BlackRock Fund Advisors
San Francisco,
California
| $7K | +$8.16K | +1,074 | New |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$434K | -54,975 | Closed |
|
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$170K | -21,525 | Closed |
|
|
30
Millennium Management
New York
| – | -$80K | -10,165 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$144 | +19 | New |
|
FCTY Hedge Fund Activity: Q4 2015 in Review
28 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in 1st Century Bancshares (FCTY) for Q4 2015, worth a combined $16.9M — down 11% from $19M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FCTY positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $74.6K. The largest seller was Credit Suisse, exiting entirely with an estimated $434K sold.
- 28 institutional investors held 1st Century Bancshares (FCTY) as of Q4 2015, up from 26 in Q3 2015.
- Funds reported $16.9M of 1st Century Bancshares stock for Q4 2015, down 11% quarter-over-quarter.
- 5 funds opened new 1st Century Bancshares positions in Q4 2015 and 3 closed out, a net change of +2 holders.
- The largest 1st Century Bancshares buyer in Q4 2015 was Basswood Capital Management, an estimated $74.6K added.
- The largest 1st Century Bancshares seller in Q4 2015 was Credit Suisse, an estimated $434K sold.
Based on aggregated 13F filings for Q4 2015.