Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
65 hedge funds and large institutions have $328M invested in Sun Bancorp Inc in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 0 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
16% more funds holding
Funds holding: 56 → 65 (+9)
11% more capital invested
Capital invested by funds: $297M → $328M (+$31.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.1M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$6.82M |
| 3 |
Renaissance Technologies
New York
|
+$2.34M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.38M |
| 5 |
Two Sigma Investments
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$3.43M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$685K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$127K |
| 4 |
Barclays
London,
United Kingdom
|
-$116K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$50.8K |
SNBC Hedge Fund Activity: Q4 2016 in Review
65 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q4 2016, worth a combined $328M — up 11% from $297M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SNBC positions and 0 closed out — a net gain of 11 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.1M. The largest seller was Endeavour Capital Advisors, cutting an estimated $3.43M.
- 65 institutional investors held Sun Bancorp Inc (SNBC) as of Q4 2016, up from 56 in Q3 2016.
- Funds reported $328M of Sun Bancorp Inc stock for Q4 2016, up 11% quarter-over-quarter.
- 11 funds opened new Sun Bancorp Inc positions in Q4 2016 and 0 closed out, a net change of +11 holders.
- The largest Sun Bancorp Inc buyer in Q4 2016 was Wellington Management Group, an estimated $18.1M added.
- The largest Sun Bancorp Inc seller in Q4 2016 was Endeavour Capital Advisors, an estimated $3.43M sold.
Based on aggregated 13F filings for Q4 2016.