Seacoast Banking Corp of Florida
SBCF
73 hedge funds and large institutions have $155M invested in Seacoast Banking Corp of Florida in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 10 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $147M → $155M (+$8.56M)
3% more funds holding
Funds holding: 71 → 73 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$9.07M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$6.08M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$4.39M |
| 4 |
JAM
Jacobs Asset Management
New York
|
+$3.8M |
| 5 |
Renaissance Technologies
New York
|
+$690K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$12.3M |
| 2 |
MFP
Michael F. Price
|
-$1.94M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$1.87M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$783K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$753K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Goldman Sachs
New York
| – | -$166K | -15,267 | Closed |
|
77
D.E. Shaw & Co
New York
| – | -$145K | -13,333 | Closed |
|
|
SCM
78
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$119K | -10,948 | Closed |
|
|
GC
79
Guggenheim Capital
Chicago,
Illinois
| – | -$108K | -10,014 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$48K | -4,429 | Closed |
|
|
VFA
81
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$18K | -1,654 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -410 | Closed |
|
SBCF Hedge Fund Activity: Q3 2014 in Review
73 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Seacoast Banking Corp of Florida (SBCF) for Q3 2014, worth a combined $155M — up 5.8% from $147M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SBCF positions and 10 closed out — a net gain of 2 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Castine Capital Management, opening a new position worth an estimated $9.07M. The largest seller was Second Curve Capital, exiting entirely with an estimated $12.3M sold.
- 73 institutional investors held Seacoast Banking Corp of Florida (SBCF) as of Q3 2014, up from 71 in Q2 2014.
- Funds reported $155M of Seacoast Banking Corp of Florida stock for Q3 2014, up 5.8% quarter-over-quarter.
- 12 funds opened new Seacoast Banking Corp of Florida positions in Q3 2014 and 10 closed out, a net change of +2 holders.
- The largest Seacoast Banking Corp of Florida buyer in Q3 2014 was Castine Capital Management, an estimated $9.07M added.
- The largest Seacoast Banking Corp of Florida seller in Q3 2014 was Second Curve Capital, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2014.