Stonegate Bank
SGBK
SGBK was delisted on the 26th of September, 2017.
129 hedge funds and large institutions have $464M invested in Stonegate Bank in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 31 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
65% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 31
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
5% more funds holding
Funds holding: 123 → 129 (+6)
2.51% more ownership
Funds ownership: 63.15% → 65.66% (+2.5%)
2% more capital invested
Capital invested by funds: $455M → $464M (+$8.93M)
96% less call options, than puts
Call options by funds: $7K | Put options by funds: $189K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$26.6M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$21.1M |
| 3 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
+$10.3M |
| 4 |
BlackRock
New York
|
+$8.24M |
| 5 |
Renaissance Technologies
New York
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.3M |
| 2 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
-$21.7M |
| 3 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$10M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$7.82M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.5M |
SGBK Hedge Fund Activity: Q2 2017 in Review
129 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Stonegate Bank (SGBK) for Q2 2017, worth a combined $464M — up 2% from $455M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SGBK positions and 19 closed out — a net gain of 6 holders — while 51 added to existing stakes and 31 trimmed.
The largest buyer was BHZ Capital Management, adding an estimated $26.6M. The largest seller was Wellington Management Group, cutting an estimated $43.3M.
- 129 institutional investors held Stonegate Bank (SGBK) as of Q2 2017, up from 123 in Q1 2017.
- Funds reported $464M of Stonegate Bank stock for Q2 2017, up 2% quarter-over-quarter.
- 25 funds opened new Stonegate Bank positions in Q2 2017 and 19 closed out, a net change of +6 holders.
- The largest Stonegate Bank buyer in Q2 2017 was BHZ Capital Management, an estimated $26.6M added.
- The largest Stonegate Bank seller in Q2 2017 was Wellington Management Group, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2017.