Select Bancorp, Inc.
SLCT
SLCT was delisted on the 15th of October, 2021.
64 hedge funds and large institutions have $85.8M invested in Select Bancorp, Inc. in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $73.8M → $85.8M (+$12M)
7% more funds holding
Funds holding: 60 → 64 (+4)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.64M |
| 2 |
BlackRock
New York
|
+$934K |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$622K |
| 4 |
FSA
Franklin Street Advisors
Chapel Hill,
North Carolina
|
+$345K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$2.56M |
| 2 |
JP Morgan Chase
New York
|
-$720K |
| 3 |
State Street
Boston,
Massachusetts
|
-$424K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$350K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$240K |
SLCT Hedge Fund Activity: Q1 2021 in Review
64 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Select Bancorp, Inc. (SLCT) for Q1 2021, worth a combined $85.8M — up 16% from $73.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SLCT positions and 4 closed out — a net gain of 5 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.64M. The largest seller was Fourthstone LLC, cutting an estimated $2.56M.
- 64 institutional investors held Select Bancorp, Inc. (SLCT) as of Q1 2021, up from 60 in Q4 2020.
- Funds reported $85.8M of Select Bancorp, Inc. stock for Q1 2021, up 16% quarter-over-quarter.
- 9 funds opened new Select Bancorp, Inc. positions in Q1 2021 and 4 closed out, a net change of +5 holders.
- The largest Select Bancorp, Inc. buyer in Q1 2021 was Wellington Management Group, an estimated $1.64M added.
- The largest Select Bancorp, Inc. seller in Q1 2021 was Fourthstone LLC, an estimated $2.56M sold.
Based on aggregated 13F filings for Q1 2021.