State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
84 hedge funds and large institutions have $279M invested in State National Companies, Inc. in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 5 closing their positions.
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
88% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 16
30% more capital invested
Capital invested by funds: $214M → $279M (+$65M)
29% more funds holding
Funds holding: 65 → 84 (+19)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.98M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.98M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.97M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$3.78M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$12.9M |
| 2 |
BC
BHR Capital
New York
|
-$7.7M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$5.94M |
| 4 |
6CM
683 Capital Management
New York
|
-$2.5M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$653K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BJ
76
BlackRock Japan
Tokyo,
Japan
| $36K | +$17.5K | +1,622 | +132% |
|
77
Walleye Trading
New York
| $29K | +$24.8K | +2,300 | New |
|
|
CLOS
78
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $25K | – | – | – |
|
79
Nisa Investment Advisors
St. Louis,
Missouri
| $21K | +$18.4K | +1,700 | New |
|
|
AIM
80
Advantage Investment Management
Cedar Rapids,
Iowa
| $10K | +$8.64K | +800 | New |
|
81
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | +$2.81K | +260 | New |
|
82
Geode Capital Management
Boston,
Massachusetts
| $2.77K | +$133K | +12,283 | +6% |
|
83
UBS Group
Zurich,
Switzerland
| $2K | +$1.59K | +147 | New |
|
84
JP Morgan Chase
New York
| $2K | +$1.7K | +157 | New |
|
|
MP
85
Mangrove Partners
Greenwich,
Connecticut
| – | -$12.9M | -1,316,044 | Closed |
|
|
6CM
86
683 Capital Management
New York
| – | -$2.5M | -255,000 | Closed |
|
87
Citadel Advisors
Miami,
Florida
| – | -$65K | -6,596 | Closed |
|
88
BNP Paribas Financial Markets
Paris,
France
| – | -$56.9K | -5,800 | Closed |
|
|
TRCT
89
Tower Research Capital (TRC)
New York
| – | -$12K | -1,220 | Closed |
|
SNC Hedge Fund Activity: Q1 2016 in Review
84 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q1 2016, worth a combined $279M — up 30% from $214M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SNC positions and 5 closed out — a net gain of 19 holders — while 30 added to existing stakes and 16 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $8.98M. The largest seller was Mangrove Partners, exiting entirely with an estimated $12.9M sold.
- 84 institutional investors held State National Companies, Inc. (SNC) as of Q1 2016, up from 65 in Q4 2015.
- Funds reported $279M of State National Companies, Inc. stock for Q1 2016, up 30% quarter-over-quarter.
- 24 funds opened new State National Companies, Inc. positions in Q1 2016 and 5 closed out, a net change of +19 holders.
- The largest State National Companies, Inc. buyer in Q1 2016 was Wellington Management Group, an estimated $8.98M added.
- The largest State National Companies, Inc. seller in Q1 2016 was Mangrove Partners, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2016.