Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
125 hedge funds and large institutions have $375M invested in Stonegate Bank in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 4 closing their positions.
525% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 4
63.35% more ownership
Funds ownership: 0% → 63.35% (+63%)
31% more capital invested
Capital invested by funds: $286M → $375M (+$88.8M)
17% more funds holding
Funds holding: 107 → 125 (+18)
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
6% more call options, than puts
Call options by funds: $392K | Put options by funds: $371K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$6.62M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.85M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.66M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.51M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$4.13M |
| 2 |
CEI
Clark Estates Inc
New York
|
-$3.41M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.99M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.91M |
| 5 |
SV
Stilwell Value
New York
|
-$1.95M |
SGBK Hedge Fund Activity: Q4 2016 in Review
125 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q4 2016, worth a combined $375M — up 31% from $286M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SGBK positions and 4 closed out — a net gain of 21 holders — while 41 added to existing stakes and 36 trimmed.
The largest buyer was THB Asset Management, opening a new position worth an estimated $6.62M. The largest seller was Penn Capital Management, cutting an estimated $4.13M.
- 125 institutional investors held Stonegate Bank (SGBK) as of Q4 2016, up from 107 in Q3 2016.
- Funds reported $375M of Stonegate Bank stock for Q4 2016, up 31% quarter-over-quarter.
- 25 funds opened new Stonegate Bank positions in Q4 2016 and 4 closed out, a net change of +21 holders.
- The largest Stonegate Bank buyer in Q4 2016 was THB Asset Management, an estimated $6.62M added.
- The largest Stonegate Bank seller in Q4 2016 was Penn Capital Management, an estimated $4.13M sold.
Based on aggregated 13F filings for Q4 2016.