NEWTEK BUSINESS SERVICES, INC.
NKBS
NKBS was delisted on the 13th of October, 2006.
31 hedge funds and large institutions have $13.7M invested in NEWTEK BUSINESS SERVICES, INC. in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
34% more capital invested
Capital invested by funds: $10.2M → $13.7M (+$3.52M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
3% more funds holding
Funds holding: 30 → 31 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.35M |
| 2 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$777K |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$512K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$340K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.87M |
| 2 |
FAM
Fortaleza Asset Management
Chicago,
Illinois
|
-$326K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.3K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$10K |
NKBS Hedge Fund Activity: Q4 2013 in Review
31 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NEWTEK BUSINESS SERVICES, INC. (NKBS) for Q4 2013, worth a combined $13.7M — up 34% from $10.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NKBS positions and 8 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Northpointe Capital, adding an estimated $1.35M. The largest seller was Wellington Management Group, exiting entirely with an estimated $2.87M sold.
- 31 institutional investors held NEWTEK BUSINESS SERVICES, INC. (NKBS) as of Q4 2013, up from 30 in Q3 2013.
- Funds reported $13.7M of NEWTEK BUSINESS SERVICES, INC. stock for Q4 2013, up 34% quarter-over-quarter.
- 9 funds opened new NEWTEK BUSINESS SERVICES, INC. positions in Q4 2013 and 8 closed out, a net change of +1 holder.
- The largest NEWTEK BUSINESS SERVICES, INC. buyer in Q4 2013 was Northpointe Capital, an estimated $1.35M added.
- The largest NEWTEK BUSINESS SERVICES, INC. seller in Q4 2013 was Wellington Management Group, an estimated $2.87M sold.
Based on aggregated 13F filings for Q4 2013.