NEWTEK BUSINESS SERVICES, INC.
NKBS
NKBS was delisted on the 13th of October, 2006.
31 hedge funds and large institutions have $9.3M invested in NEWTEK BUSINESS SERVICES, INC. in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 9 closing their positions.
18% less funds holding
Funds holding: 38 → 31 (-7)
23% less capital invested
Capital invested by funds: $12.1M → $9.3M (-$2.79M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$203K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$96.1K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$66.5K |
| 4 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
+$56K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.19M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.17M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$651K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$55.8K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$44.5K |
NKBS Hedge Fund Activity: Q3 2014 in Review
31 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in NEWTEK BUSINESS SERVICES, INC. (NKBS) for Q3 2014, worth a combined $9.3M — down 23% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NKBS and 2 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Whitebox Advisors, adding an estimated $203K. The largest seller was Perritt Capital Management, exiting entirely with an estimated $1.19M sold.
- 31 institutional investors held NEWTEK BUSINESS SERVICES, INC. (NKBS) as of Q3 2014, down from 38 in Q2 2014.
- Funds reported $9.3M of NEWTEK BUSINESS SERVICES, INC. stock for Q3 2014, down 23% quarter-over-quarter.
- 2 funds opened new NEWTEK BUSINESS SERVICES, INC. positions in Q3 2014 and 9 closed out, a net change of -7 holders.
- The largest NEWTEK BUSINESS SERVICES, INC. buyer in Q3 2014 was Whitebox Advisors, an estimated $203K added.
- The largest NEWTEK BUSINESS SERVICES, INC. seller in Q3 2014 was Perritt Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2014.