Select Bancorp, Inc.
SLCT
SLCT was delisted on the 15th of October, 2021.
60 hedge funds and large institutions have $73.7M invested in Select Bancorp, Inc. in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 8 closing their positions.
27% more capital invested
Capital invested by funds: $57.8M → $73.7M (+$15.8M)
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
5% less funds holding
Funds holding: 63 → 60 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.14M |
| 2 |
BlackRock
New York
|
+$328K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$327K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$309K |
| 5 |
BFO
Biltmore Family Office
Charlotte,
North Carolina
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$2.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$948K |
| 3 |
JP Morgan Chase
New York
|
-$567K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$196K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$177K |
SLCT Hedge Fund Activity: Q4 2020 in Review
60 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Select Bancorp, Inc. (SLCT) for Q4 2020, worth a combined $73.7M — up 27% from $57.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SLCT and 5 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was FJ Capital Management, adding an estimated $1.14M. The largest seller was Fourthstone LLC, cutting an estimated $2.4M.
- 60 institutional investors held Select Bancorp, Inc. (SLCT) as of Q4 2020, down from 63 in Q3 2020.
- Funds reported $73.7M of Select Bancorp, Inc. stock for Q4 2020, up 27% quarter-over-quarter.
- 5 funds opened new Select Bancorp, Inc. positions in Q4 2020 and 8 closed out, a net change of -3 holders.
- The largest Select Bancorp, Inc. buyer in Q4 2020 was FJ Capital Management, an estimated $1.14M added.
- The largest Select Bancorp, Inc. seller in Q4 2020 was Fourthstone LLC, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2020.