Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
79 hedge funds and large institutions have $171M invested in Stonegate Bank in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 10 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
300% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 10
23% more funds holding
Funds holding: 64 → 79 (+15)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $183M → $171M (-$12.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$6.33M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$2.52M |
| 3 |
Renaissance Technologies
New York
|
+$1.75M |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$1.26M |
| 5 |
Two Sigma Investments
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$16.7M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$8.22M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.87M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$2.38M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$746K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MCF Advisors
Covington,
Kentucky
| $6K | – | – | – |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | +$4.62K | +156 | New |
|
|
LTFS
78
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | +$2.13K | +72 | New |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $281 | +$47.2K | +1,593 | +20% |
|
|
BC
80
Brinker Capital
Berwyn,
Pennsylvania
| – | -$16.7M | -554,238 | Closed |
|
|
BCM
81
Basswood Capital Management
New York
| – | -$8.22M | -272,210 | Closed |
|
|
GCP
82
GSA Capital Partners
London,
United Kingdom
| – | -$746K | -24,708 | Closed |
|
SGBK Hedge Fund Activity: Q2 2015 in Review
79 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q2 2015, worth a combined $171M — down 6.8% from $183M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SGBK positions and 4 closed out — a net gain of 15 holders — while 40 added to existing stakes and 10 trimmed.
The largest buyer was Penn Capital Management, opening a new position worth an estimated $6.33M. The largest seller was Brinker Capital, exiting entirely with an estimated $16.7M sold.
- 79 institutional investors held Stonegate Bank (SGBK) as of Q2 2015, up from 64 in Q1 2015.
- Funds reported $171M of Stonegate Bank stock for Q2 2015, down 6.8% quarter-over-quarter.
- 19 funds opened new Stonegate Bank positions in Q2 2015 and 4 closed out, a net change of +15 holders.
- The largest Stonegate Bank buyer in Q2 2015 was Penn Capital Management, an estimated $6.33M added.
- The largest Stonegate Bank seller in Q2 2015 was Brinker Capital, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2015.