Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
89 hedge funds and large institutions have $206M invested in Stonegate Bank in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 41 increasing their positions, 28 reducing their positions, and 8 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 92 → 89 (-3)
7% less capital invested
Capital invested by funds: $221M → $206M (-$14.4M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$2.57M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.47M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.06M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$910K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$2.05M |
| 2 |
SC
Scholtz & Company
Stamford,
Connecticut
|
-$1.42M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$695K |
| 4 |
Millennium Management
New York
|
-$540K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$448K |
SGBK Hedge Fund Activity: Q1 2016 in Review
89 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q1 2016, worth a combined $206M — down 6.5% from $221M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SGBK and 5 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 41 added.
The largest buyer was Maltese Capital Management, adding an estimated $2.57M. The largest seller was Brinker Capital, cutting an estimated $2.05M.
- 89 institutional investors held Stonegate Bank (SGBK) as of Q1 2016, down from 92 in Q4 2015.
- Funds reported $206M of Stonegate Bank stock for Q1 2016, down 6.5% quarter-over-quarter.
- 5 funds opened new Stonegate Bank positions in Q1 2016 and 8 closed out, a net change of -3 holders.
- The largest Stonegate Bank buyer in Q1 2016 was Maltese Capital Management, an estimated $2.57M added.
- The largest Stonegate Bank seller in Q1 2016 was Brinker Capital, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2016.