State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
92 hedge funds and large institutions have $231M invested in State National Companies, Inc. in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
10% more funds holding
Funds holding: 84 → 92 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less capital invested
Capital invested by funds: $279M → $231M (-$47.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.34M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.2M |
| 3 |
NI
NFC Investments
Memphis,
Tennessee
|
+$1.44M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$1.15M |
| 5 |
Renaissance Technologies
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$9.06M |
| 2 |
BC
BHR Capital
New York
|
-$4.57M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.16M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$791K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$581K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
101
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$10K | -800 | Closed |
|
102
SEI Investments
Oaks,
Pennsylvania
| – | +$78 | +7 | New |
|
SNC Hedge Fund Activity: Q2 2016 in Review
92 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q2 2016, worth a combined $231M — down 17% from $279M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SNC positions and 10 closed out — a net gain of 8 holders — while 33 added to existing stakes and 25 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.34M. The largest seller was Kensico Capital Management, cutting an estimated $9.06M.
- 92 institutional investors held State National Companies, Inc. (SNC) as of Q2 2016, up from 84 in Q1 2016.
- Funds reported $231M of State National Companies, Inc. stock for Q2 2016, down 17% quarter-over-quarter.
- 18 funds opened new State National Companies, Inc. positions in Q2 2016 and 10 closed out, a net change of +8 holders.
- The largest State National Companies, Inc. buyer in Q2 2016 was Vanguard Group, an estimated $2.34M added.
- The largest State National Companies, Inc. seller in Q2 2016 was Kensico Capital Management, an estimated $9.06M sold.
Based on aggregated 13F filings for Q2 2016.