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SNBC

Sun Bancorp Inc
SNBC

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 7380 (+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: 32 (-1)

Holders
80
Holders Change
+7
Holders Change %
+9.59%
% of All Funds
1.81%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
12
Increased
34
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IPC
1
Invesco Private Capital
New York
$103M
FCM
2
FJ Capital Management
Virginia
$26.3M +$175K +7,000 +0.7%
BlackRock
3
BlackRock
New York
$18.4M +$299K +11,945 +2%
EC
4
EJF Capital
Virginia
$18.2M -$17.2M -685,777 -48%
CRC
5
Curi RMB Capital
Illinois
$17.8M +$1.08M +43,105 +6%
MCA
6
Mendon Capital Advisors
Florida
$15.4M +$12.5M +499,096 +373%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$13.7M
Vanguard Group
8
Vanguard Group
Pennsylvania
$12.6M -$207K -8,283 -2%
Morgan Stanley
9
Morgan Stanley
New York
$9.56M +$4.85M +193,827 +97%
Renaissance Technologies
10
Renaissance Technologies
New York
$9.46M +$3.34M +133,299 +52%
MCM
11
Maltese Capital Management
New York
$9.19M
ECA
12
Endeavour Capital Advisors
Connecticut
$6.33M -$3.57M -142,399 -35%
State Street
13
State Street
Massachusetts
$5.39M +$189K +7,551 +4%
KCM
14
Kennedy Capital Management
Missouri
$5.07M +$226K +9,042 +5%
Deutsche Bank
15
Deutsche Bank
Germany
$3.5M +$1.27M +50,511 +54%
Northern Trust
16
Northern Trust
Illinois
$3.18M +$334K +13,332 +11%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$2.43M -$9.77K -390 -0.4%
AIS
18
AlphaOne Investment Services
Pennsylvania
$2.27M -$321K -12,800 -12%
TAM
19
Tocqueville Asset Management
New York
$2.23M -$50K -1,996 -2%
BCM
20
BHZ Capital Management
California
$2.2M +$160K +6,407 +8%
Russell Investments Group
21
Russell Investments Group
United Kingdom
$2.11M +$1.75M +70,028 +439%
KPF
22
K2 Principal Fund
Ontario, Canada
$2.07M +$947K +37,803 +80%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$1.95M +$631K +25,201 +46%
BCM
24
Bluefin Capital Management
New York
$1.9M +$1.62M +64,531 +474%
MF
25
Magnetar Financial
Illinois
$1.84M

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.