First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
116 hedge funds and large institutions have $101M invested in First NBC Bank Holding Company in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 42 increasing their positions, 23 reducing their positions, and 29 closing their positions.
233% more call options, than puts
Call options by funds: $450K | Put options by funds: $135K
83% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 23
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
3% less funds holding
Funds holding: 119 → 116 (-3)
24% less capital invested
Capital invested by funds: $134M → $101M (-$32.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.47M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$2.05M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.73M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.53M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$3.5M |
| 3 |
Millennium Management
New York
|
-$2.5M |
| 4 |
Two Sigma Investments
New York
|
-$1.76M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$1.71M |
FNBC Hedge Fund Activity: Q4 2016 in Review
116 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q4 2016, worth a combined $101M — down 24% from $134M a quarter earlier.
Fund positioning in FNBC was balanced in Q4 2016: 29 funds opened new positions, 29 closed out, 42 added to existing stakes and 23 trimmed.
The largest buyer was Ameriprise, adding an estimated $4.11M. The largest seller was Kennedy Capital Management, cutting an estimated $4.53M.
- 116 institutional investors held First NBC Bank Holding Company (FNBC) as of Q4 2016, down from 119 in Q3 2016.
- Funds reported $101M of First NBC Bank Holding Company stock for Q4 2016, down 24% quarter-over-quarter.
- 29 funds opened new First NBC Bank Holding Company positions in Q4 2016 and 29 closed out, a net change of 0 holders.
- The largest First NBC Bank Holding Company buyer in Q4 2016 was Ameriprise, an estimated $4.11M added.
- The largest First NBC Bank Holding Company seller in Q4 2016 was Kennedy Capital Management, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2016.