Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
58 hedge funds and large institutions have $146M invested in Stonegate Bank in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
23% more funds holding
Funds holding: 47 → 58 (+11)
9% more capital invested
Capital invested by funds: $134M → $146M (+$11.7M)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.09M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$6.46M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.12M |
| 4 |
Goldman Sachs
New York
|
+$1.29M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.49M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$2.25M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$2.17M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$1.38M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.25M |
SGBK Hedge Fund Activity: Q3 2014 in Review
58 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q3 2014, worth a combined $146M — up 8.7% from $134M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SGBK positions and 3 closed out — a net gain of 11 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $9.09M. The largest seller was Endeavour Capital Advisors, cutting an estimated $4.49M.
- 58 institutional investors held Stonegate Bank (SGBK) as of Q3 2014, up from 47 in Q2 2014.
- Funds reported $146M of Stonegate Bank stock for Q3 2014, up 8.7% quarter-over-quarter.
- 14 funds opened new Stonegate Bank positions in Q3 2014 and 3 closed out, a net change of +11 holders.
- The largest Stonegate Bank buyer in Q3 2014 was Wellington Management Group, an estimated $9.09M added.
- The largest Stonegate Bank seller in Q3 2014 was Endeavour Capital Advisors, an estimated $4.49M sold.
Based on aggregated 13F filings for Q3 2014.