State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
52 hedge funds and large institutions have $226M invested in State National Companies, Inc. in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
170% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 10
21% more funds holding
Funds holding: 43 → 52 (+9)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
14% less capital invested
Capital invested by funds: $262M → $226M (-$36.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.95M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.53M |
| 3 |
CP
Centerbridge Partners
New York
|
+$2.25M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$2.02M |
| 5 |
SC
Selz Capital
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$6.01M |
| 2 |
Millennium Management
New York
|
-$2.37M |
| 3 |
MCM
Moore Capital Management
New York
|
-$1.71M |
| 4 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$319K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $186 | +$119K | +11,909 | +174% |
|
|
AAP
52
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$6.01M | -501,720 | Closed |
|
|
MLICM
53
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$319K | -26,669 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$32K | -2,638 | Closed |
|
55
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$329 | +33 | +275% |
|
SNC Hedge Fund Activity: Q1 2015 in Review
52 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q1 2015, worth a combined $226M — down 14% from $262M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SNC positions and 3 closed out — a net gain of 9 holders — while 27 added to existing stakes and 10 trimmed.
The largest buyer was EJF Capital, adding an estimated $2.95M. The largest seller was Ardsley Advisory Partners, exiting entirely with an estimated $6.01M sold.
- 52 institutional investors held State National Companies, Inc. (SNC) as of Q1 2015, up from 43 in Q4 2014.
- Funds reported $226M of State National Companies, Inc. stock for Q1 2015, down 14% quarter-over-quarter.
- 12 funds opened new State National Companies, Inc. positions in Q1 2015 and 3 closed out, a net change of +9 holders.
- The largest State National Companies, Inc. buyer in Q1 2015 was EJF Capital, an estimated $2.95M added.
- The largest State National Companies, Inc. seller in Q1 2015 was Ardsley Advisory Partners, an estimated $6.01M sold.
Based on aggregated 13F filings for Q1 2015.