State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
108 hedge funds and large institutions have $297M invested in State National Companies, Inc. in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
3% more funds holding
Funds holding: 105 → 108 (+3)
10% less capital invested
Capital invested by funds: $331M → $297M (-$34.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.1M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$5.86M |
| 3 |
Millennium Management
New York
|
+$4.45M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.61M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Amtrust Financial Services
New York
|
-$7.36M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$4.97M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$4.11M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.95M |
| 5 |
Morgan Stanley
New York
|
-$1.75M |
SNC Hedge Fund Activity: Q1 2017 in Review
108 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q1 2017, worth a combined $297M — down 10% from $331M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SNC positions and 9 closed out — a net gain of 8 holders — while 45 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $22.1M. The largest seller was Amtrust Financial Services, cutting an estimated $7.36M.
- 108 institutional investors held State National Companies, Inc. (SNC) as of Q1 2017, up from 105 in Q4 2016.
- Funds reported $297M of State National Companies, Inc. stock for Q1 2017, down 10% quarter-over-quarter.
- 17 funds opened new State National Companies, Inc. positions in Q1 2017 and 9 closed out, a net change of +8 holders.
- The largest State National Companies, Inc. buyer in Q1 2017 was BlackRock, an estimated $22.1M added.
- The largest State National Companies, Inc. seller in Q1 2017 was Amtrust Financial Services, an estimated $7.36M sold.
Based on aggregated 13F filings for Q1 2017.