1st Century Bancshares
FCTY
FCTY was delisted on the 30th of June, 2016.
26 hedge funds and large institutions have $19M invested in 1st Century Bancshares in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
23% more capital invested
Capital invested by funds: $15.4M → $19M (+$3.61M)
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$882K |
| 2 |
BCM
Basswood Capital Management
New York
|
+$725K |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$121K |
| 4 |
SM
Salzhauer Michael
|
+$121K |
| 5 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$149K |
| 2 |
Goldman Sachs
New York
|
-$98.7K |
| 3 |
GG
Gofen & Glossberg
Chicago,
Illinois
|
-$70K |
| 4 |
Millennium Management
New York
|
-$30.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$10K |
FCTY Hedge Fund Activity: Q3 2015 in Review
26 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in 1st Century Bancshares (FCTY) for Q3 2015, worth a combined $19M — up 23% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FCTY and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 5 added.
The largest buyer was Wellington Management Group, adding an estimated $882K. The largest seller was AllianceBernstein, exiting entirely with an estimated $149K sold.
- 26 institutional investors held 1st Century Bancshares (FCTY) as of Q3 2015, down from 27 in Q2 2015.
- Funds reported $19M of 1st Century Bancshares stock for Q3 2015, up 23% quarter-over-quarter.
- 3 funds opened new 1st Century Bancshares positions in Q3 2015 and 4 closed out, a net change of -1 holder.
- The largest 1st Century Bancshares buyer in Q3 2015 was Wellington Management Group, an estimated $882K added.
- The largest 1st Century Bancshares seller in Q3 2015 was AllianceBernstein, an estimated $149K sold.
Based on aggregated 13F filings for Q3 2015.