NEWTEK BUSINESS SERVICES, INC.
NKBS
NKBS was delisted on the 13th of October, 2006.
30 hedge funds and large institutions have $13.1M invested in NEWTEK BUSINESS SERVICES, INC. in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
5% less capital invested
Capital invested by funds: $13.7M → $13.1M (-$656K)
3% less funds holding
Funds holding: 31 → 30 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| $12K | -$111K | -39,056 | -90% |
|
27
Morgan Stanley
New York
| $9K | +$3K | +1,000 | +50% |
|
|
TDC
28
Thompson Davis & Co
Richmond,
Virginia
| $3K | -$113K | -37,778 | -97% |
|
29
BNP Paribas Financial Markets
Paris,
France
| $265 | – | – | – |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6 | – | – | – |
|
|
EIM
31
Essex Investment Management
Boston,
Massachusetts
| – | -$58K | -18,495 | Closed |
|
|
N
32
Natixis
Paris,
France
| – | -$52K | -16,900 | Closed |
|
NKBS Hedge Fund Activity: Q1 2014 in Review
30 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in NEWTEK BUSINESS SERVICES, INC. (NKBS) for Q1 2014, worth a combined $13.1M — down 4.8% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NKBS and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 10 added.
The largest buyer was Northpointe Capital, adding an estimated $311K. The largest seller was Potomac Capital Management, cutting an estimated $150K.
- 30 institutional investors held NEWTEK BUSINESS SERVICES, INC. (NKBS) as of Q1 2014, down from 31 in Q4 2013.
- Funds reported $13.1M of NEWTEK BUSINESS SERVICES, INC. stock for Q1 2014, down 4.8% quarter-over-quarter.
- 1 fund opened new NEWTEK BUSINESS SERVICES, INC. positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest NEWTEK BUSINESS SERVICES, INC. buyer in Q1 2014 was Northpointe Capital, an estimated $311K added.
- The largest NEWTEK BUSINESS SERVICES, INC. seller in Q1 2014 was Potomac Capital Management, an estimated $150K sold.
Based on aggregated 13F filings for Q1 2014.