State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
57 hedge funds and large institutions have $253M invested in State National Companies, Inc. in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
12% more capital invested
Capital invested by funds: $226M → $253M (+$27.4M)
10% more funds holding
Funds holding: 52 → 57 (+5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.23M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.64M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$1.36M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$1.13M |
| 5 |
GMCM
Gruber & McBaine Capital Management
San Francisco,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
-$9.01M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$3.93M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$1.12M |
| 4 |
Millennium Management
New York
|
-$1.09M |
| 5 |
NM
Newtyn Management
New York
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Teacher Retirement System of Texas
Austin,
Texas
| $13K | +$12.3K | +1,202 | New |
|
52
Barclays
London,
United Kingdom
| $6K | -$1.92K | -187 | -24% |
|
53
Citigroup
New York
| $4K | -$11.3K | -1,099 | -72% |
|
54
Invesco
Atlanta,
Georgia
| $4K | +$3.72K | +363 | New |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $2K | +$277 | +27 | +16% |
|
56
Bank of America
Charlotte,
North Carolina
| $1K | -$10 | -1 | -1% |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $245 | +$40.1K | +3,907 | +21% |
|
|
EC
58
EJF Capital
Arlington,
Virginia
| – | -$3.93M | -395,185 | Closed |
|
|
59
Millennium Management
New York
| – | -$1.09M | -109,962 | Closed |
|
60
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$168K | -16,873 | Closed |
|
61
AllianceBernstein
Nashville,
Tennessee
| – | -$72K | -7,200 | Closed |
|
|
GXMC
62
Global X Management Company
New York
| – | -$23K | -2,285 | Closed |
|
SNC Hedge Fund Activity: Q2 2015 in Review
57 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q2 2015, worth a combined $253M — up 12% from $226M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SNC positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $9.23M. The largest seller was Moore Capital Management, cutting an estimated $9.01M.
- 57 institutional investors held State National Companies, Inc. (SNC) as of Q2 2015, up from 52 in Q1 2015.
- Funds reported $253M of State National Companies, Inc. stock for Q2 2015, up 12% quarter-over-quarter.
- 10 funds opened new State National Companies, Inc. positions in Q2 2015 and 5 closed out, a net change of +5 holders.
- The largest State National Companies, Inc. buyer in Q2 2015 was Ameriprise, an estimated $9.23M added.
- The largest State National Companies, Inc. seller in Q2 2015 was Moore Capital Management, an estimated $9.01M sold.
Based on aggregated 13F filings for Q2 2015.