1st Century Bancshares
FCTY
FCTY was delisted on the 30th of June, 2016.
32 hedge funds and large institutions have $32.1M invested in 1st Century Bancshares in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 6 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
28% more capital invested
Capital invested by funds: $25M → $32.1M (+$7.12M)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$766K |
| 4 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$388K |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.12M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$413K |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$323K |
| 4 |
SM
Salzhauer Michael
|
-$255K |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northern Trust
Chicago,
Illinois
| $137K | – | – | – |
|
|
CS
27
Cannell & Spears
New York
| $116K | +$114K | +10,300 | New |
|
28
Wells Fargo
San Francisco,
California
| $62K | +$17.7K | +1,600 | +41% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $56K | -$55.4K | -5,000 | -50% |
|
|
BIM
30
BlackRock Investment Management
Wilmington,
Delaware
| $16K | +$1.42K | +128 | +10% |
|
31
Bank of America
Charlotte,
North Carolina
| $4K | +$4.23K | +382 | New |
|
32
Walleye Trading
New York
| $4K | +$4.43K | +400 | New |
|
|
HCM
33
Hilton Capital Management
Garden City,
New York
| – | -$323K | -29,479 | Closed |
|
|
SM
34
Salzhauer Michael
| – | -$255K | -23,202 | Closed |
|
|
AWCI
35
Alpine Woods Capital Investors
Purchase,
New York
| – | -$219K | -20,000 | Closed |
|
36
Morgan Stanley
New York
| – | -$27K | -2,518 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$10K | -881 | Closed |
|
FCTY Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in 1st Century Bancshares (FCTY) for Q2 2016, worth a combined $32.1M — up 28% from $25M a quarter earlier.
Fund positioning in FCTY was balanced in Q2 2016: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 7 trimmed.
The largest buyer was Gardner Lewis Asset Management, adding an estimated $4.16M. The largest seller was Wellington Management Group, cutting an estimated $1.12M.
- 32 institutional investors held 1st Century Bancshares (FCTY) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $32.1M of 1st Century Bancshares stock for Q2 2016, up 28% quarter-over-quarter.
- 6 funds opened new 1st Century Bancshares positions in Q2 2016 and 6 closed out, a net change of 0 holders.
- The largest 1st Century Bancshares buyer in Q2 2016 was Gardner Lewis Asset Management, an estimated $4.16M added.
- The largest 1st Century Bancshares seller in Q2 2016 was Wellington Management Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2016.