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FNBC

First NBC Bank Holding Company
FNBC

Delisted

FNBC was delisted on the 9th of May, 2017.

127 hedge funds and large institutions have $320M invested in First NBC Bank Holding Company in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 30 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 30

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 138127 (-11)

35% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 31

47% less capital invested

Capital invested by funds: $606M → $320M (-$286M)

Holders
127
Holders Change
-11
Holders Change %
-7.97%
% of All Funds
3.38%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
20
Increased
57
Reduced
30
Closed
31
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EMFAT
26
Emerald Mutual Fund Advisers Trust
Pennsylvania
$3.08M -$10.5M -394,244 -72%
Boston Partners
27
Boston Partners
Massachusetts
$3.05M +$822K +30,991 +26%
Morgan Stanley
28
Morgan Stanley
New York
$2.91M +$3.71M +139,678 +8,309%
Lazard Asset Management
29
Lazard Asset Management
New York
$2.27M +$2.93M +110,334 New
Principal Financial Group
30
Principal Financial Group
Iowa
$2.24M +$124K +4,675 +4%
RFC
31
Russell Frank Company
Washington
$2.23M -$154K -5,817 -5%
Allianz Asset Management
32
Allianz Asset Management
Germany
$2.13M +$914K +34,451 +50%
Fisher Asset Management
33
Fisher Asset Management
Washington
$1.8M
AL
34
AJO LP
Pennsylvania
$1.8M +$2.32M +87,353 New
SAMC
35
Shinko Asset Management Company
Japan
$1.78M
Two Sigma Investments
36
Two Sigma Investments
New York
$1.62M +$2.09M +78,680 New
NFA
37
Nationwide Fund Advisors
Ohio
$1.54M +$907K +34,186 +97%
CPIM
38
Columbia Partners Investment Management
Virginia
$1.49M +$210K +7,920 +12%
AQR Capital Management
39
AQR Capital Management
Connecticut
$1.49M +$1.01M +38,129 +112%
Jacobs Levy Equity Management
40
Jacobs Levy Equity Management
New Jersey
$1.37M +$1.18M +44,330 +200%
BIM
41
BlackRock Investment Management
Delaware
$1.36M +$5.28K +199 +0.3%
Barclays
42
Barclays
United Kingdom
$1.35M +$990K +37,300 +124%
GLA
43
Great Lakes Advisors
Illinois
$1.34M +$1.73M +65,339 New
MCM
44
Maltese Capital Management
New York
$1.34M -$645K -24,300 -27%
Tudor Investment Corp
45
Tudor Investment Corp
Connecticut
$1.22M +$1.57M +59,200 New
CIP
46
Convergence Investment Partners
Florida
$1.18M +$1.52M +57,088 New
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$1.15M +$456K +17,192 +44%
SCA
48
Secor Capital Advisors
New York
$1.08M +$545K +20,521 +64%
CS
49
Credit Suisse
Switzerland
$1.07M +$445K +16,760 +48%
Invesco
50
Invesco
Georgia
$1.05M +$524K +19,739 +63%

FNBC Hedge Fund Activity: Q1 2016 in Review

127 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q1 2016, worth a combined $320M — down 47% from $606M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FNBC and 20 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 57 added.

The largest buyer was Numeric Investors, opening a new position worth an estimated $10M. The largest seller was Fidelity Investments, cutting an estimated $15.6M.

  • 127 institutional investors held First NBC Bank Holding Company (FNBC) as of Q1 2016, down from 138 in Q4 2015.
  • Funds reported $320M of First NBC Bank Holding Company stock for Q1 2016, down 47% quarter-over-quarter.
  • 20 funds opened new First NBC Bank Holding Company positions in Q1 2016 and 31 closed out, a net change of -11 holders.
  • The largest First NBC Bank Holding Company buyer in Q1 2016 was Numeric Investors, an estimated $10M added.
  • The largest First NBC Bank Holding Company seller in Q1 2016 was Fidelity Investments, an estimated $15.6M sold.

Based on aggregated 13F filings for Q1 2016.