Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
80 hedge funds and large institutions have $319M invested in Sun Bancorp Inc in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
113% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 16
10% more funds holding
Funds holding: 73 → 80 (+7)
4% less capital invested
Capital invested by funds: $334M → $319M (-$14.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$12.5M |
| 2 |
Morgan Stanley
New York
|
+$4.85M |
| 3 |
Renaissance Technologies
New York
|
+$3.34M |
| 4 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$1.79M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$17.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.5M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.43M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$3.57M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$605K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
76
Royce & Associates
New York
| $9K | +$376 | +15 | +4% |
|
|
JCM
77
Jacobi Capital Management
Pittston,
Pennsylvania
| $6K | – | – | – |
|
|
NC
78
NewSquare Capital
Newtown Square,
Pennsylvania
| $4K | – | – | – |
|
|
DCM
79
Delpha Capital Management
New York
| $2K | +$2.03K | +81 | New |
|
|
QI
80
QS Investors
New York
| $1K | – | – | – |
|
|
81
First Trust Advisors
Wheaton,
Illinois
| – | -$605K | -24,338 | Closed |
|
82
SG Americas Securities
New York
| – | -$301K | -12,122 | Closed |
|
|
CS
83
Credit Suisse
Zurich,
Switzerland
| – | -$226K | -9,091 | Closed |
|
|
NFA
84
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$202K | -8,128 | Closed |
|
|
MAM
85
Meeder Asset Management
Dublin,
Ohio
| – | -$6K | -238 | Closed |
|
SNBC Hedge Fund Activity: Q4 2017 in Review
80 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q4 2017, worth a combined $319M — down 4.3% from $334M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SNBC positions and 5 closed out — a net gain of 7 holders — while 34 added to existing stakes and 16 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $12.5M. The largest seller was EJF Capital, cutting an estimated $17.2M.
- 80 institutional investors held Sun Bancorp Inc (SNBC) as of Q4 2017, up from 73 in Q3 2017.
- Funds reported $319M of Sun Bancorp Inc stock for Q4 2017, down 4.3% quarter-over-quarter.
- 12 funds opened new Sun Bancorp Inc positions in Q4 2017 and 5 closed out, a net change of +7 holders.
- The largest Sun Bancorp Inc buyer in Q4 2017 was Mendon Capital Advisors, an estimated $12.5M added.
- The largest Sun Bancorp Inc seller in Q4 2017 was EJF Capital, an estimated $17.2M sold.
Based on aggregated 13F filings for Q4 2017.