Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
57 hedge funds and large institutions have $260M invested in Sun Bancorp Inc in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 5 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
25% more call options, than puts
Call options by funds: $882K | Put options by funds: $704K
6% more capital invested
Capital invested by funds: $246M → $260M (+$14.6M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 58 → 57 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.12M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.1M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.04M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$943K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$820K |
| 2 |
GC
Globeflex Capital
San Diego,
California
|
-$482K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$448K |
| 4 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$299K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $7K | +$6.54K | +316 | New |
|
|
NC
52
NewSquare Capital
Newtown Square,
Pennsylvania
| $4K | – | – | – |
|
53
Barclays
London,
United Kingdom
| $4K | +$4.14K | +200 | New |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $3K | -$27.6K | -1,336 | -89% |
|
55
Geode Capital Management
Boston,
Massachusetts
| $1.3K | +$50.8K | +2,454 | +4% |
|
56
JP Morgan Chase
New York
| $1K | – | – | – |
|
57
BNP Paribas Financial Markets
Paris,
France
| $393 | -$37.6K | -1,819 | -99% |
|
|
EMFAT
58
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$820K | -39,735 | Closed |
|
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$448K | -21,674 | Closed |
|
|
ZCA
60
Zeke Capital Advisors
Berwyn,
Pennsylvania
| – | -$299K | -14,464 | Closed |
|
|
BGIM
61
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$128K | -6,160 | Closed |
|
|
CG
62
Cutler Group
San Francisco,
California
| – | -$2.07K | -100 | Closed |
|
SNBC Hedge Fund Activity: Q1 2016 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q1 2016, worth a combined $260M — up 5.9% from $246M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SNBC and 4 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 24 added.
The largest buyer was FJ Capital Management, adding an estimated $1.12M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $820K sold.
- 57 institutional investors held Sun Bancorp Inc (SNBC) as of Q1 2016, down from 58 in Q4 2015.
- Funds reported $260M of Sun Bancorp Inc stock for Q1 2016, up 5.9% quarter-over-quarter.
- 4 funds opened new Sun Bancorp Inc positions in Q1 2016 and 5 closed out, a net change of -1 holder.
- The largest Sun Bancorp Inc buyer in Q1 2016 was FJ Capital Management, an estimated $1.12M added.
- The largest Sun Bancorp Inc seller in Q1 2016 was Emerald Mutual Fund Advisers Trust, an estimated $820K sold.
Based on aggregated 13F filings for Q1 2016.