First NBC Bank Holding Company
FNBC
FNBC was delisted on the 9th of May, 2017.
95 hedge funds and large institutions have $50M invested in First NBC Bank Holding Company in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 29 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
18% less funds holding
Funds holding: 116 → 95 (-21)
51% less capital invested
Capital invested by funds: $101M → $50M (-$51.1M)
52% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 29
90% less call options, than puts
Call options by funds: $15K | Put options by funds: $144K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.8M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$955K |
| 3 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
+$538K |
| 4 |
KBC Group
Brussels,
Belgium
|
+$497K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.02M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$1.9M |
| 3 |
Millennium Management
New York
|
-$1.77M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.53M |
| 5 |
Renaissance Technologies
New York
|
-$1.15M |
FNBC Hedge Fund Activity: Q1 2017 in Review
95 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First NBC Bank Holding Company (FNBC) for Q1 2017, worth a combined $50M — down 51% from $101M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FNBC and 14 opened new positions — a net loss of 15 holders — while 32 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $10.8M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $2.02M sold.
- 95 institutional investors held First NBC Bank Holding Company (FNBC) as of Q1 2017, down from 116 in Q4 2016.
- Funds reported $50M of First NBC Bank Holding Company stock for Q1 2017, down 51% quarter-over-quarter.
- 14 funds opened new First NBC Bank Holding Company positions in Q1 2017 and 29 closed out, a net change of -15 holders.
- The largest First NBC Bank Holding Company buyer in Q1 2017 was BlackRock, an estimated $10.8M added.
- The largest First NBC Bank Holding Company seller in Q1 2017 was JP Morgan Chase, an estimated $2.02M sold.
Based on aggregated 13F filings for Q1 2017.