Select Bancorp, Inc.
SLCT
SLCT was delisted on the 15th of October, 2021.
63 hedge funds and large institutions have $57.8M invested in Select Bancorp, Inc. in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 28 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 62 → 63 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $65.8M → $57.8M (-$7.93M)
64% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.9M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.66M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$842K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$235K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.36M |
| 2 |
JP Morgan Chase
New York
|
-$487K |
| 3 |
Bank of New York Mellon
New York
|
-$447K |
| 4 |
FSA
Franklin Street Advisors
Chapel Hill,
North Carolina
|
-$389K |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$351K |
SLCT Hedge Fund Activity: Q3 2020 in Review
63 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Select Bancorp, Inc. (SLCT) for Q3 2020, worth a combined $57.8M — down 12% from $65.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SLCT positions and 5 closed out — a net gain of 1 holder — while 10 added to existing stakes and 28 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $1.9M. The largest seller was Vanguard Group, cutting an estimated $2.36M.
- 63 institutional investors held Select Bancorp, Inc. (SLCT) as of Q3 2020, up from 62 in Q2 2020.
- Funds reported $57.8M of Select Bancorp, Inc. stock for Q3 2020, down 12% quarter-over-quarter.
- 6 funds opened new Select Bancorp, Inc. positions in Q3 2020 and 5 closed out, a net change of +1 holder.
- The largest Select Bancorp, Inc. buyer in Q3 2020 was FJ Capital Management, an estimated $1.9M added.
- The largest Select Bancorp, Inc. seller in Q3 2020 was Vanguard Group, an estimated $2.36M sold.
Based on aggregated 13F filings for Q3 2020.