Security National Financial
SNFCA
21 hedge funds and large institutions have $5.4M invested in Security National Financial in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 9 closing their positions.
13% less capital invested
Capital invested by funds: $6.21M → $5.4M (-$807K)
25% less funds holding
Funds holding: 28 → 21 (-7)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$593K |
| 2 |
MC
Menta Capital
San Francisco,
California
|
+$75.4K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$16.3K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.82K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$323K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$262K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$178K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$138K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
26
PDT Partners
New York
| – | -$86K | -27,919 | Closed |
|
27
RhumbLine Advisers
Boston,
Massachusetts
| – | -$65K | -21,222 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$56K | -18,290 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | +$6 | +2 | New |
|
SNFCA Hedge Fund Activity: Q3 2013 in Review
21 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Security National Financial (SNFCA) for Q3 2013, worth a combined $5.4M — down 13% from $6.21M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SNFCA and 2 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Vanguard Group, adding an estimated $593K. The largest seller was Putnam Investments, exiting entirely with an estimated $323K sold.
- 21 institutional investors held Security National Financial (SNFCA) as of Q3 2013, down from 28 in Q2 2013.
- Funds reported $5.4M of Security National Financial stock for Q3 2013, down 13% quarter-over-quarter.
- 2 funds opened new Security National Financial positions in Q3 2013 and 9 closed out, a net change of -7 holders.
- The largest Security National Financial buyer in Q3 2013 was Vanguard Group, an estimated $593K added.
- The largest Security National Financial seller in Q3 2013 was Putnam Investments, an estimated $323K sold.
Based on aggregated 13F filings for Q3 2013.