First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
119 hedge funds and large institutions have $134M invested in First NBC Bank Holding Company in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 32 closing their positions.
793% more call options, than puts
Call options by funds: $134K | Put options by funds: $15K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
9% less funds holding
Funds holding: 131 → 119 (-12)
38% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 32
48% less capital invested
Capital invested by funds: $257M → $134M (-$123M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.42M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$5.38M |
| 3 |
CC
Consector Capital
New York
|
+$4.72M |
| 4 |
Millennium Management
New York
|
+$4.43M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$9.94M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$8.26M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.71M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.21M |
| 5 |
O
OppenheimerFunds
New York
|
-$4.03M |
FNBC Hedge Fund Activity: Q3 2016 in Review
119 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q3 2016, worth a combined $134M — down 48% from $257M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FNBC and 20 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 39 added.
The largest buyer was Kennedy Capital Management, adding an estimated $6.42M. The largest seller was Cardinal Capital Management LLC (Connecticut), exiting entirely with an estimated $9.94M sold.
- 119 institutional investors held First NBC Bank Holding Company (FNBC) as of Q3 2016, down from 131 in Q2 2016.
- Funds reported $134M of First NBC Bank Holding Company stock for Q3 2016, down 48% quarter-over-quarter.
- 20 funds opened new First NBC Bank Holding Company positions in Q3 2016 and 32 closed out, a net change of -12 holders.
- The largest First NBC Bank Holding Company buyer in Q3 2016 was Kennedy Capital Management, an estimated $6.42M added.
- The largest First NBC Bank Holding Company seller in Q3 2016 was Cardinal Capital Management LLC (Connecticut), an estimated $9.94M sold.
Based on aggregated 13F filings for Q3 2016.