First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
114 hedge funds and large institutions have $553M invested in First NBC Bank Holding Company in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 44 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
7% more capital invested
Capital invested by funds: $517M → $553M (+$36.4M)
3% more funds holding
Funds holding: 111 → 114 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
27% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$13.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.98M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.83M |
| 5 |
QI
QS Investors
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.8M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$6.92M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.95M |
| 4 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$5.32M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$4.54M |
FNBC Hedge Fund Activity: Q4 2014 in Review
114 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q4 2014, worth a combined $553M — up 7% from $517M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNBC positions and 9 closed out — a net gain of 6 holders — while 32 added to existing stakes and 44 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $20.7M. The largest seller was Wellington Management Group, cutting an estimated $10.8M.
- 114 institutional investors held First NBC Bank Holding Company (FNBC) as of Q4 2014, up from 111 in Q3 2014.
- Funds reported $553M of First NBC Bank Holding Company stock for Q4 2014, up 7% quarter-over-quarter.
- 15 funds opened new First NBC Bank Holding Company positions in Q4 2014 and 9 closed out, a net change of +6 holders.
- The largest First NBC Bank Holding Company buyer in Q4 2014 was Fidelity Investments, an estimated $20.7M added.
- The largest First NBC Bank Holding Company seller in Q4 2014 was Wellington Management Group, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2014.