First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
9 hedge funds and large institutions have $1.5M invested in First NBC Bank Holding Company in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 89 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
91% less funds holding
Funds holding: 95 → 9 (-86)
97% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 89
97% less capital invested
Capital invested by funds: $50M → $1.5M (-$48.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$264K |
| 2 |
FPF
FNY Partners Fund
New York
|
+$95.2K |
| 3 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$26.4K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$5.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.85M |
| 2 |
CCCPI
Castle Creek Capital Partners IV
Rancho Santa Fe,
California
|
-$8.82M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.23M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.19M |
FNBC Hedge Fund Activity: Q2 2017 in Review
9 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q2 2017, worth a combined $1.5M — down 97% from $50M a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of FNBC and 3 opened new positions — a net loss of 86 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was OMERS Administration Corp, opening a new position worth an estimated $264K. The largest seller was BlackRock, exiting entirely with an estimated $8.85M sold.
- 9 institutional investors held First NBC Bank Holding Company (FNBC) as of Q2 2017, down from 95 in Q1 2017.
- Funds reported $1.5M of First NBC Bank Holding Company stock for Q2 2017, down 97% quarter-over-quarter.
- 3 funds opened new First NBC Bank Holding Company positions in Q2 2017 and 89 closed out, a net change of -86 holders.
- The largest First NBC Bank Holding Company buyer in Q2 2017 was OMERS Administration Corp, an estimated $264K added.
- The largest First NBC Bank Holding Company seller in Q2 2017 was BlackRock, an estimated $8.85M sold.
Based on aggregated 13F filings for Q2 2017.