1st United Bancorp (Florida)
FUBC
FUBC was delisted on the 31st of October, 2014.
68 hedge funds and large institutions have $171M invested in 1st United Bancorp (Florida) in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 5 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
1% more capital invested
Capital invested by funds: $168M → $171M (+$2.52M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 69 → 68 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$2.17M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$222K |
| 3 |
AIU
Algebris Investments (UK)
London,
United Kingdom
|
+$186K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$179K |
| 5 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$2.27M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$874K |
| 4 |
RBLCM
Roaring Blue Lion Capital Management
Dallas,
Texas
|
-$858K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$612K |
FUBC Hedge Fund Activity: Q4 2013 in Review
68 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in 1st United Bancorp (Florida) (FUBC) for Q4 2013, worth a combined $171M — up 1.5% from $168M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FUBC and 4 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 26 added.
The largest buyer was Forest Hill Capital, adding an estimated $2.17M. The largest seller was Basswood Capital Management, cutting an estimated $2.27M.
- 68 institutional investors held 1st United Bancorp (Florida) (FUBC) as of Q4 2013, down from 69 in Q3 2013.
- Funds reported $171M of 1st United Bancorp (Florida) stock for Q4 2013, up 1.5% quarter-over-quarter.
- 4 funds opened new 1st United Bancorp (Florida) positions in Q4 2013 and 5 closed out, a net change of -1 holder.
- The largest 1st United Bancorp (Florida) buyer in Q4 2013 was Forest Hill Capital, an estimated $2.17M added.
- The largest 1st United Bancorp (Florida) seller in Q4 2013 was Basswood Capital Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2013.