Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
62 hedge funds and large institutions have $206M invested in Sun Bancorp Inc in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
8% more capital invested
Capital invested by funds: $191M → $206M (+$14.9M)
2% less funds holding
Funds holding: 63 → 62 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.59M |
| 2 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$467K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$427K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$213K |
| 5 |
JP Morgan Chase
New York
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.3M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$753K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$314K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$170K |
| 5 |
RC
Roundview Capital
Princeton,
New Jersey
|
-$126K |
SNBC Hedge Fund Activity: Q3 2013 in Review
62 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q3 2013, worth a combined $206M — up 7.8% from $191M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SNBC and 3 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 24 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $1.59M. The largest seller was Basswood Capital Management, cutting an estimated $1.3M.
- 62 institutional investors held Sun Bancorp Inc (SNBC) as of Q3 2013, down from 63 in Q2 2013.
- Funds reported $206M of Sun Bancorp Inc stock for Q3 2013, up 7.8% quarter-over-quarter.
- 3 funds opened new Sun Bancorp Inc positions in Q3 2013 and 4 closed out, a net change of -1 holder.
- The largest Sun Bancorp Inc buyer in Q3 2013 was Manulife (Manufacturers Life Insurance), an estimated $1.59M added.
- The largest Sun Bancorp Inc seller in Q3 2013 was Basswood Capital Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2013.