First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
104 hedge funds and large institutions have $505M invested in First NBC Bank Holding Company in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 7 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
11% more capital invested
Capital invested by funds: $457M → $505M (+$48.3M)
9% more funds holding
Funds holding: 95 → 104 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$15.7M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$6.85M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$6.02M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.98M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$24.7M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$10.2M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$4.36M |
| 5 |
Millennium Management
New York
|
-$2.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Globeflex Capital
San Diego,
California
| $2K | – | – | – |
|
|
U
102
UBS
Zurich,
Switzerland
| $1K | -$25.8K | -782 | -98% |
|
103
AllianceBernstein
Nashville,
Tennessee
| $1K | – | – | – |
|
104
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $26 | – | – | – |
|
|
BCM
105
Buckhead Capital Management
Atlanta,
Georgia
| – | -$1.49M | -46,126 | Closed |
|
|
UOC
106
UBS O'Connor
Chicago,
Illinois
| – | -$1.25M | -38,800 | Closed |
|
|
BIG
107
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$651K | -20,152 | Closed |
|
|
SCA
108
SAC Capital Advisors
Stamford,
Connecticut
| – | -$228K | -7,059 | Closed |
|
|
FQ
109
First Quadrant
Glendale,
California
| – | -$78K | -2,400 | Closed |
|
110
Credit Agricole
Montrouge Cedex,
France
| – | -$48K | -1,492 | Closed |
|
|
TRCT
111
Tower Research Capital (TRC)
New York
| – | -$28K | -864 | Closed |
|
FNBC Hedge Fund Activity: Q1 2014 in Review
104 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q1 2014, worth a combined $505M — up 11% from $457M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FNBC positions and 7 closed out — a net gain of 10 holders — while 39 added to existing stakes and 30 trimmed.
The largest buyer was Opus Capital Group, adding an estimated $15.7M. The largest seller was Basswood Capital Management, cutting an estimated $24.7M.
- 104 institutional investors held First NBC Bank Holding Company (FNBC) as of Q1 2014, up from 95 in Q4 2013.
- Funds reported $505M of First NBC Bank Holding Company stock for Q1 2014, up 11% quarter-over-quarter.
- 17 funds opened new First NBC Bank Holding Company positions in Q1 2014 and 7 closed out, a net change of +10 holders.
- The largest First NBC Bank Holding Company buyer in Q1 2014 was Opus Capital Group, an estimated $15.7M added.
- The largest First NBC Bank Holding Company seller in Q1 2014 was Basswood Capital Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2014.