Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
71 hedge funds and large institutions have $229M invested in Sun Bancorp Inc in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $182M → $229M (+$47.4M)
13% more funds holding
Funds holding: 63 → 71 (+8)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$13.8M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$5.37M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$4.22M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$947K |
| 5 |
FG
FSI Group
Cincinnati,
Ohio
|
+$920K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$19.8M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$4.15M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$339K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$327K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -48 | Closed |
|
SNBC Hedge Fund Activity: Q2 2014 in Review
71 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q2 2014, worth a combined $229M — up 26% from $182M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SNBC positions and 6 closed out — a net gain of 9 holders — while 21 added to existing stakes and 21 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $13.8M. The largest seller was Anchorage Capital Group, cutting an estimated $19.8M.
- 71 institutional investors held Sun Bancorp Inc (SNBC) as of Q2 2014, up from 63 in Q1 2014.
- Funds reported $229M of Sun Bancorp Inc stock for Q2 2014, up 26% quarter-over-quarter.
- 15 funds opened new Sun Bancorp Inc positions in Q2 2014 and 6 closed out, a net change of +9 holders.
- The largest Sun Bancorp Inc buyer in Q2 2014 was EJF Capital, an estimated $13.8M added.
- The largest Sun Bancorp Inc seller in Q2 2014 was Anchorage Capital Group, an estimated $19.8M sold.
Based on aggregated 13F filings for Q2 2014.