Select Bancorp, Inc.
SLCT
SLCT was delisted on the 15th of October, 2021.
28 hedge funds and large institutions have $16.6M invested in Select Bancorp, Inc. in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
40% more capital invested
Capital invested by funds: $11.9M → $16.6M (+$4.71M)
17% more funds holding
Funds holding: 24 → 28 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$964K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$531K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$341K |
| 5 |
Renaissance Technologies
New York
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.96M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$246K |
| 3 |
Bank of New York Mellon
New York
|
-$190K |
| 4 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$89.4K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$24K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $14K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $14K | +$3.84K | +430 | +46% |
|
28
UBS Group
Zurich,
Switzerland
| $12K | +$8.06K | +902 | +286% |
|
|
SB
29
Suntrust Banks
Atlanta,
Georgia
| – | -$246K | -30,818 | Closed |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| – | -$24K | -2,995 | Closed |
|
SLCT Hedge Fund Activity: Q4 2016 in Review
28 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Select Bancorp, Inc. (SLCT) for Q4 2016, worth a combined $16.6M — up 40% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SLCT positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was BHZ Capital Management, adding an estimated $1.3M. The largest seller was Mendon Capital Advisors, cutting an estimated $1.96M.
- 28 institutional investors held Select Bancorp, Inc. (SLCT) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $16.6M of Select Bancorp, Inc. stock for Q4 2016, up 40% quarter-over-quarter.
- 7 funds opened new Select Bancorp, Inc. positions in Q4 2016 and 2 closed out, a net change of +5 holders.
- The largest Select Bancorp, Inc. buyer in Q4 2016 was BHZ Capital Management, an estimated $1.3M added.
- The largest Select Bancorp, Inc. seller in Q4 2016 was Mendon Capital Advisors, an estimated $1.96M sold.
Based on aggregated 13F filings for Q4 2016.