State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
105 hedge funds and large institutions have $331M invested in State National Companies, Inc. in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $239M → $331M (+$92.3M)
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
14% more funds holding
Funds holding: 92 → 105 (+13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.27M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.08M |
| 3 |
Morgan Stanley
New York
|
+$1.66M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.48M |
| 5 |
Millennium Management
New York
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$4.48M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$2.53M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.27M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.97M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| $6K | -$2.22K | -181 | -30% |
|
|
LTFS
102
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$2.67K | +218 | +94% |
|
103
BNP Paribas Financial Markets
Paris,
France
| $5.36K | -$21K | -1,718 | -82% |
|
|
CG
104
Cutler Group
San Francisco,
California
| $2K | +$2.45K | +200 | New |
|
|
105
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$4.48M | -402,650 | Closed |
|
106
Arrowstreet Capital
Boston,
Massachusetts
| – | -$543K | -48,810 | Closed |
|
|
HHMI
107
Howard Hughes Medical Institute
Chevy Chase,
Maryland
| – | -$55K | -4,960 | Closed |
|
108
Walleye Trading
New York
| – | -$13K | -1,200 | Closed |
|
109
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -792 | Closed |
|
SNC Hedge Fund Activity: Q4 2016 in Review
105 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q4 2016, worth a combined $331M — up 39% from $239M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SNC positions and 5 closed out — a net gain of 13 holders — while 37 added to existing stakes and 30 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.27M. The largest seller was State of Wisconsin Investment Board, exiting entirely with an estimated $4.48M sold.
- 105 institutional investors held State National Companies, Inc. (SNC) as of Q4 2016, up from 92 in Q3 2016.
- Funds reported $331M of State National Companies, Inc. stock for Q4 2016, up 39% quarter-over-quarter.
- 18 funds opened new State National Companies, Inc. positions in Q4 2016 and 5 closed out, a net change of +13 holders.
- The largest State National Companies, Inc. buyer in Q4 2016 was Renaissance Technologies, an estimated $2.27M added.
- The largest State National Companies, Inc. seller in Q4 2016 was State of Wisconsin Investment Board, an estimated $4.48M sold.
Based on aggregated 13F filings for Q4 2016.