Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
106 hedge funds and large institutions have $283M invested in Stonegate Bank in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 19 reducing their positions, and 11 closing their positions.
168% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 19
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
16% more capital invested
Capital invested by funds: $244M → $283M (+$39M)
2% more funds holding
Funds holding: 104 → 106 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.88M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$4.14M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$3.39M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
FSI Group
Cincinnati,
Ohio
|
-$17.2M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$3.69M |
| 3 |
AI
Analytic Investors
Los Angeles,
California
|
-$615K |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$344K |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$268K |
SGBK Hedge Fund Activity: Q3 2016 in Review
106 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q3 2016, worth a combined $283M — up 16% from $244M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SGBK positions and 11 closed out — a net gain of 3 holders — while 51 added to existing stakes and 19 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $10.5M. The largest seller was FSI Group, cutting an estimated $17.2M.
- 106 institutional investors held Stonegate Bank (SGBK) as of Q3 2016, up from 104 in Q2 2016.
- Funds reported $283M of Stonegate Bank stock for Q3 2016, up 16% quarter-over-quarter.
- 14 funds opened new Stonegate Bank positions in Q3 2016 and 11 closed out, a net change of +3 holders.
- The largest Stonegate Bank buyer in Q3 2016 was Wellington Management Group, an estimated $10.5M added.
- The largest Stonegate Bank seller in Q3 2016 was FSI Group, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2016.