State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
57 hedge funds and large institutions have $223M invested in State National Companies, Inc. in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 3 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 57 → 57 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less capital invested
Capital invested by funds: $253M → $223M (-$30.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.13M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$1.64M |
| 4 |
NI
NFC Investments
Memphis,
Tennessee
|
+$999K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$402K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
-$4.29M |
| 2 |
Bank of New York Mellon
New York
|
-$364K |
| 3 |
BC
BHR Capital
New York
|
-$268K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$260K |
| 5 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BG
51
BlackRock Group
London,
United Kingdom
| $29K | +$31.3K | +3,135 | New |
|
52
Legal & General Group
London,
United Kingdom
| $16K | – | – | – |
|
53
Bank of America
Charlotte,
North Carolina
| $9K | +$9.2K | +921 | +1,059% |
|
54
Barclays
London,
United Kingdom
| $2K | -$2.91K | -291 | -49% |
|
55
BlackRock
New York
| $1K | -$11.7K | -1,172 | -94% |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $212 | – | – | – |
|
|
PPA
57
Parametric Portfolio Associates
Seattle,
Washington
| – | -$260K | -23,998 | Closed |
|
58
Citigroup
New York
| – | -$4.27K | -427 | -99% |
|
59
Invesco
Atlanta,
Georgia
| – | -$4K | -363 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
SNC Hedge Fund Activity: Q3 2015 in Review
57 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q3 2015, worth a combined $223M — down 12% from $253M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SNC positions and 3 closed out — a net gain of 1 holder — while 24 added to existing stakes and 17 trimmed.
The largest buyer was Cortina Asset Management, adding an estimated $3.7M. The largest seller was Moore Capital Management, cutting an estimated $4.29M.
- 57 institutional investors held State National Companies, Inc. (SNC) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $223M of State National Companies, Inc. stock for Q3 2015, down 12% quarter-over-quarter.
- 4 funds opened new State National Companies, Inc. positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest State National Companies, Inc. buyer in Q3 2015 was Cortina Asset Management, an estimated $3.7M added.
- The largest State National Companies, Inc. seller in Q3 2015 was Moore Capital Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q3 2015.