State National Companies, Inc.
SNC
SNC was delisted on the 17th of November, 2017.
116 hedge funds and large institutions have $444M invested in State National Companies, Inc. in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 43 reducing their positions, and 10 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
28% more capital invested
Capital invested by funds: $348M → $444M (+$96.3M)
7% more funds holding
Funds holding: 108 → 116 (+8)
16% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$6.86M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$6.72M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.71M |
| 4 |
PM
Precept Management
Dallas,
Texas
|
+$1.83M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.86M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.48M |
| 3 |
AFS
Amtrust Financial Services
New York
|
-$2.75M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$2.57M |
| 5 |
BlackRock
New York
|
-$1.91M |
SNC Hedge Fund Activity: Q2 2017 in Review
116 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State National Companies, Inc. (SNC) for Q2 2017, worth a combined $444M — up 28% from $348M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SNC positions and 10 closed out — a net gain of 8 holders — while 36 added to existing stakes and 43 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $6.86M. The largest seller was Millennium Management, cutting an estimated $7.86M.
- 116 institutional investors held State National Companies, Inc. (SNC) as of Q2 2017, up from 108 in Q1 2017.
- Funds reported $444M of State National Companies, Inc. stock for Q2 2017, up 28% quarter-over-quarter.
- 18 funds opened new State National Companies, Inc. positions in Q2 2017 and 10 closed out, a net change of +8 holders.
- The largest State National Companies, Inc. buyer in Q2 2017 was Brown Advisory, an estimated $6.86M added.
- The largest State National Companies, Inc. seller in Q2 2017 was Millennium Management, an estimated $7.86M sold.
Based on aggregated 13F filings for Q2 2017.