Seacoast Banking Corp of Florida
SBCF
128 hedge funds and large institutions have $739M invested in Seacoast Banking Corp of Florida in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 31 reducing their positions, and 15 closing their positions.
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
58% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 31
57% more capital invested
Capital invested by funds: $470M → $739M (+$269M)
19.59% more ownership
Funds ownership: 56.06% → 75.65% (+20%)
8% more funds holding
Funds holding: 118 → 128 (+10)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$69.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$36.2M |
| 4 |
Millennium Management
New York
|
+$17.9M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$11.3M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$9.93M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$7.44M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$6M |
| 5 |
OCA
Otter Creek Advisors
Palm Beach Gardens,
Florida
|
-$3.65M |
SBCF Hedge Fund Activity: Q1 2017 in Review
128 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Seacoast Banking Corp of Florida (SBCF) for Q1 2017, worth a combined $739M — up 57% from $470M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SBCF positions and 15 closed out — a net gain of 15 holders — while 49 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $69.8M. The largest seller was Private Capital Management (Florida), exiting entirely with an estimated $11.3M sold.
- 128 institutional investors held Seacoast Banking Corp of Florida (SBCF) as of Q1 2017, up from 118 in Q4 2016.
- Funds reported $739M of Seacoast Banking Corp of Florida stock for Q1 2017, up 57% quarter-over-quarter.
- 30 funds opened new Seacoast Banking Corp of Florida positions in Q1 2017 and 15 closed out, a net change of +15 holders.
- The largest Seacoast Banking Corp of Florida buyer in Q1 2017 was BlackRock, an estimated $69.8M added.
- The largest Seacoast Banking Corp of Florida seller in Q1 2017 was Private Capital Management (Florida), an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2017.