Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
65 hedge funds and large institutions have $330M invested in Sun Bancorp Inc in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
1% more capital invested
Capital invested by funds: $328M → $330M (+$2.19M)
0% more funds holding
Funds holding: 65 → 65 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.9M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$10M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$6.94M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.64M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$663K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$655K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$634K |
| 4 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
-$604K |
| 5 |
Renaissance Technologies
New York
|
-$469K |
SNBC Hedge Fund Activity: Q1 2017 in Review
65 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q1 2017, worth a combined $330M — up 0.67% from $328M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SNBC positions and 3 closed out — a net gain of 5 holders — while 27 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock, adding an estimated $18.9M. The largest seller was Wellington Management Group, cutting an estimated $663K.
- 65 institutional investors held Sun Bancorp Inc (SNBC) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $330M of Sun Bancorp Inc stock for Q1 2017, up 0.67% quarter-over-quarter.
- 8 funds opened new Sun Bancorp Inc positions in Q1 2017 and 3 closed out, a net change of +5 holders.
- The largest Sun Bancorp Inc buyer in Q1 2017 was BlackRock, an estimated $18.9M added.
- The largest Sun Bancorp Inc seller in Q1 2017 was Wellington Management Group, an estimated $663K sold.
Based on aggregated 13F filings for Q1 2017.