Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
61 hedge funds and large institutions have $182M invested in Sun Bancorp Inc in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 62 → 61 (-1)
12% less capital invested
Capital invested by funds: $206M → $182M (-$24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$344K |
| 2 |
Two Sigma Investments
New York
|
+$210K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$207K |
| 4 |
BCM
Basswood Capital Management
New York
|
+$122K |
| 5 |
Renaissance Technologies
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$13.4M |
| 2 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$193K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$175K |
| 4 |
JP Morgan Chase
New York
|
-$167K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$158K |
SNBC Hedge Fund Activity: Q4 2013 in Review
61 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q4 2013, worth a combined $182M — down 12% from $206M a quarter earlier.
Fund positioning in SNBC was balanced in Q4 2013: 6 funds opened new positions, 6 closed out, 20 added to existing stakes and 18 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $344K. The largest seller was Second Curve Capital, cutting an estimated $13.4M.
- 61 institutional investors held Sun Bancorp Inc (SNBC) as of Q4 2013, down from 62 in Q3 2013.
- Funds reported $182M of Sun Bancorp Inc stock for Q4 2013, down 12% quarter-over-quarter.
- 6 funds opened new Sun Bancorp Inc positions in Q4 2013 and 6 closed out, a net change of 0 holders.
- The largest Sun Bancorp Inc buyer in Q4 2013 was Manulife (Manufacturers Life Insurance), an estimated $344K added.
- The largest Sun Bancorp Inc seller in Q4 2013 was Second Curve Capital, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2013.