Select Bancorp, Inc.
SLCT
SLCT was delisted on the 15th of October, 2021.
62 hedge funds and large institutions have $65.8M invested in Select Bancorp, Inc. in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $61.1M → $65.8M (+$4.66M)
5% more funds holding
Funds holding: 59 → 62 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.38M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.02M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.11M |
| 4 |
Morgan Stanley
New York
|
+$455K |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JCSD Capital
Walnut Creek,
California
|
-$2.3M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.23M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.77M |
| 4 |
AP
Atlas Principals
Charlotte,
North Carolina
|
-$1.45M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.06M |
SLCT Hedge Fund Activity: Q2 2020 in Review
62 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Select Bancorp, Inc. (SLCT) for Q2 2020, worth a combined $65.8M — up 7.6% from $61.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SLCT positions and 7 closed out — a net gain of 3 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.38M. The largest seller was JCSD Capital, exiting entirely with an estimated $2.3M sold.
- 62 institutional investors held Select Bancorp, Inc. (SLCT) as of Q2 2020, up from 59 in Q1 2020.
- Funds reported $65.8M of Select Bancorp, Inc. stock for Q2 2020, up 7.6% quarter-over-quarter.
- 10 funds opened new Select Bancorp, Inc. positions in Q2 2020 and 7 closed out, a net change of +3 holders.
- The largest Select Bancorp, Inc. buyer in Q2 2020 was JP Morgan Chase, an estimated $4.38M added.
- The largest Select Bancorp, Inc. seller in Q2 2020 was JCSD Capital, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2020.