First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
108 hedge funds and large institutions have $515M invested in First NBC Bank Holding Company in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 11 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more funds holding
Funds holding: 104 → 108 (+4)
2% more capital invested
Capital invested by funds: $505M → $515M (+$10.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.31M |
| 3 |
SC
Seawolf Capital
New York
|
+$6.52M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.47M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$12.3M |
| 2 |
Millennium Management
New York
|
-$7.23M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.36M |
| 4 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
-$4.29M |
| 5 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$4.01M |
FNBC Hedge Fund Activity: Q2 2014 in Review
108 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q2 2014, worth a combined $515M — up 2.1% from $505M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNBC positions and 11 closed out — a net gain of 4 holders — while 49 added to existing stakes and 28 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $15.1M. The largest seller was Basswood Capital Management, cutting an estimated $12.3M.
- 108 institutional investors held First NBC Bank Holding Company (FNBC) as of Q2 2014, up from 104 in Q1 2014.
- Funds reported $515M of First NBC Bank Holding Company stock for Q2 2014, up 2.1% quarter-over-quarter.
- 15 funds opened new First NBC Bank Holding Company positions in Q2 2014 and 11 closed out, a net change of +4 holders.
- The largest First NBC Bank Holding Company buyer in Q2 2014 was Fidelity Investments, an estimated $15.1M added.
- The largest First NBC Bank Holding Company seller in Q2 2014 was Basswood Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2014.