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SNC

State National Companies, Inc.
SNC

Delisted

SNC was delisted on the 17th of November, 2017.

108 hedge funds and large institutions have $556M invested in State National Companies, Inc. in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more capital invested

Capital invested by funds: $444M → $556M (+$112M)

7% less funds holding

Funds holding: 116108 (-8)

19% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 43

25% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 32

40% less call options, than puts

Call options by funds: $3K | Put options by funds: $5K

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
108
Holders Change
-8
Holders Change %
-6.9%
% of All Funds
2.69%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
35
Increased
24
Reduced
32
Closed
43
Calls
$3K
Puts
$5K
Net Calls
-$2K
Net Calls Change
-$6K
Name Holding Trade Value Shares
Change
Change in
Stake
TSW
51
Thompson Siegel & Walmsley
Virginia
$1.31M +$8.11K +400 +0.6%
Two Sigma Investments
52
Two Sigma Investments
New York
$1.27M +$45.3K +2,235 +4%
CIA
53
Capital Impact Advisors
Massachusetts
$1.24M -$365K -17,994 -23%
O
54
OppenheimerFunds
New York
$1.22M +$1.18M +58,107 New
Invesco
55
Invesco
Georgia
$1.11M -$49.5K -2,440 -4%
TA
56
Teachers Advisors
New York
$1.11M
Swiss National Bank
57
Swiss National Bank
Switzerland
$1.02M
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$992K -$102K -5,043 -10%
Victory Capital Management
59
Victory Capital Management
Texas
$971K -$654K -32,259 -41%
CS
60
Credit Suisse
Switzerland
$942K +$467K +23,021 +105%
Allianz Asset Management
61
Allianz Asset Management
Germany
$869K +$840K +41,435 New
AllianceBernstein
62
AllianceBernstein
Tennessee
$758K -$739K -36,448 -50%
SO
63
STRS Ohio
Ohio
$755K -$116K -5,700 -14%
SCM
64
Stevens Capital Management
Pennsylvania
$697K +$673K +33,216 New
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$670K
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$666K +$643K +31,720 New
PP
67
Paloma Partners
Connecticut
$658K +$635K +31,331 New
RhumbLine Advisers
68
RhumbLine Advisers
Massachusetts
$649K -$8.29K -409 -1%
OAM
69
Oxford Asset Management
United Kingdom
$645K -$240K -11,830 -28%
SWP
70
Stratos Wealth Partners
Ohio
$535K -$59.9K -2,954 -10%
HIM
71
HGC Investment Management
Ontario, Canada
$532K +$514K +25,352 New
American Century Companies
72
American Century Companies
Missouri
$481K -$95.9K -4,733 -17%
Manulife (Manufacturers Life Insurance)
73
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$481K -$27.1K -1,338 -6%
GCL
74
Glazer Capital LLC
New York
$476K +$460K +22,674 New
AA
75
ALPS Advisors
Colorado
$473K +$457K +22,533 New

SNC Hedge Fund Activity: Q3 2017 in Review

108 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q3 2017, worth a combined $556M — up 25% from $444M a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of SNC and 35 opened new positions — a net loss of 8 holders — while 32 trimmed existing stakes and 24 added.

The largest buyer was AQR Arbitrage, opening a new position worth an estimated $41.6M. The largest seller was Centerbridge Partners, exiting entirely with an estimated $76.2M sold.

  • 108 institutional investors held State National Companies, Inc. (SNC) as of Q3 2017, down from 116 in Q2 2017.
  • Funds reported $556M of State National Companies, Inc. stock for Q3 2017, up 25% quarter-over-quarter.
  • 35 funds opened new State National Companies, Inc. positions in Q3 2017 and 43 closed out, a net change of -8 holders.
  • The largest State National Companies, Inc. buyer in Q3 2017 was AQR Arbitrage, an estimated $41.6M added.
  • The largest State National Companies, Inc. seller in Q3 2017 was Centerbridge Partners, an estimated $76.2M sold.

Based on aggregated 13F filings for Q3 2017.