Sun Bancorp Inc
SNBC
SNBC was delisted on the 31st of January, 2018.
63 hedge funds and large institutions have $333M invested in Sun Bancorp Inc in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $330M → $333M (+$2.45M)
3% less funds holding
Funds holding: 65 → 63 (-2)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.11M |
| 2 |
Morgan Stanley
New York
|
+$1.96M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.54M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.28M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$943K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$4.5M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.05M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.52M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.45M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$991K |
SNBC Hedge Fund Activity: Q2 2017 in Review
63 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sun Bancorp Inc (SNBC) for Q2 2017, worth a combined $333M — up 0.74% from $330M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SNBC and 6 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Curi RMB Capital, adding an estimated $3.11M. The largest seller was Maltese Capital Management, cutting an estimated $4.5M.
- 63 institutional investors held Sun Bancorp Inc (SNBC) as of Q2 2017, down from 65 in Q1 2017.
- Funds reported $333M of Sun Bancorp Inc stock for Q2 2017, up 0.74% quarter-over-quarter.
- 6 funds opened new Sun Bancorp Inc positions in Q2 2017 and 8 closed out, a net change of -2 holders.
- The largest Sun Bancorp Inc buyer in Q2 2017 was Curi RMB Capital, an estimated $3.11M added.
- The largest Sun Bancorp Inc seller in Q2 2017 was Maltese Capital Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q2 2017.