Seacoast Banking Corp of Florida
SBCF
218 hedge funds and large institutions have $1.52B invested in Seacoast Banking Corp of Florida in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 95 increasing their positions, 66 reducing their positions, and 36 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 235 → 218 (-17)
7% less capital invested
Capital invested by funds: $1.64B → $1.52B (-$119M)
11.38% less ownership
Funds ownership: 92.78% → 81.4% (-11%)
47% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 36
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $31K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$25.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$16.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.2M |
| 4 |
Bank of New York Mellon
New York
|
+$9.82M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$74.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$17.5M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$16.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$6.38M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$6.23M |
SBCF Hedge Fund Activity: Q2 2023 in Review
218 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Seacoast Banking Corp of Florida (SBCF) for Q2 2023, worth a combined $1.52B — down 7.3% from $1.64B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SBCF and 19 opened new positions — a net loss of 17 holders — while 66 trimmed existing stakes and 95 added.
The largest buyer was North Reef Capital Management, adding an estimated $25.8M. The largest seller was Capital World Investors, exiting entirely with an estimated $74.7M sold.
- 218 institutional investors held Seacoast Banking Corp of Florida (SBCF) as of Q2 2023, down from 235 in Q1 2023.
- Funds reported $1.52B of Seacoast Banking Corp of Florida stock for Q2 2023, down 7.3% quarter-over-quarter.
- 19 funds opened new Seacoast Banking Corp of Florida positions in Q2 2023 and 36 closed out, a net change of -17 holders.
- The largest Seacoast Banking Corp of Florida buyer in Q2 2023 was North Reef Capital Management, an estimated $25.8M added.
- The largest Seacoast Banking Corp of Florida seller in Q2 2023 was Capital World Investors, an estimated $74.7M sold.
Based on aggregated 13F filings for Q2 2023.