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FNBC

First NBC Bank Holding Company
FNBC

Delisted

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 32

18% less funds holding

Funds holding: 11695 (-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

Holders
95
Holders Change
-21
Holders Change %
-18.1%
% of All Funds
2.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
32
Reduced
32
Closed
29
Calls
$15K
Puts
$144K
Net Calls
-$129K
Net Calls Change
-$444K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$8.85M +$10.8M +2,208,300 +65,007%
CCCPI
2
Castle Creek Capital Partners IV
California
$8.82M
Ameriprise
3
Ameriprise
Minnesota
$4.9M -$681K -139,253 -10%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.23M -$281K -57,380 -7%
BFC
5
Banc Funds Company
Illinois
$3.19M +$196K +40,000 +5%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$1.9M -$78.7K -16,108 -3%
AQR Capital Management
7
AQR Capital Management
Connecticut
$1.61M -$1.1M -224,355 -36%
LFAS
8
Level Four Advisory Services
Texas
$1.49M +$313K +63,962 +18%
State Street
9
State Street
Massachusetts
$1.37M +$104K +21,346 +7%
Nordea Investment Management
10
Nordea Investment Management
Sweden
$1.35M +$955K +195,341 +137%
Federated Hermes
11
Federated Hermes
Pennsylvania
$1.25M +$356K +72,843 +30%
HCM
12
Highlander Capital Management
New Jersey
$868K +$538K +110,000 +103%
Northern Trust
13
Northern Trust
Illinois
$689K -$494 -101 -0.1%
KBC Group
14
KBC Group
Belgium
$680K +$497K +101,570 +149%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$672K -$217K -44,375 -21%
Citadel Advisors
16
Citadel Advisors
Florida
$551K +$167K +34,164 +33%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$487K -$128K -26,275 -18%
SM
18
Salzhauer Michael
$486K -$19.6K -4,002 -3%
Principal Financial Group
19
Principal Financial Group
Iowa
$485K +$20.9K +4,266 +4%
Invesco
20
Invesco
Georgia
$445K +$350K +71,687 +182%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$422K -$474K -96,985 -48%
CG
22
Clinton Group
New York
$416K -$4.89K -1,000 -1%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$374K +$69.9K +14,300 +18%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$314K +$383K +78,400 New
PAAMCP
25
Pacific Alternative Asset Management Company (PAAMCO)
California
$307K +$98.1K +20,068 +35%

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.