Matthew Lindenbaum‘s Basswood Capital has inched down its position in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) and reported holding 2.385 million shares of the company. The position amasses 6.89% of the company’s outstanding stock and is slightly lower than the 2.39 million shares Basswood had reported in an earlier filing.
In addition, Basswood change the type of the filing to 13D from 13G and added that Mr. Lindenbaum had spoken with the Chairman and CEO of Seacost Banking Corporation of Florida Dennis S. Hudson III and requested that a representative of Baswood to be appointed to the company’s board of directors.
Among the funds we track, a total of 12 investors reported long positions in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Basswood owns the largest position, followed by Gregg J. Powers‘ Private Capital Management with a $9.1 million position. Other investors bullish on the company include aul Magidson, Jonathan Cohen. And Ostrom Enders’ Castine Capital Management, Jim Simons’ Renaissance Technologies and Anton Schutz’s Mendon Capital Advisors.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Basswood Capital Management | 0 | 2,385,972 | 0 | 2,385,972 | 2,385,972 | 6.89% |
| Basswood Partners | 0 | 345,038 | 0 | 345,038 | 345,038 | 1.00% |
| Basswood Enhanced Long Short GP | 0 | 1,132,342 | 0 | 1,132,342 | 1,132,342 | 3.27% |
| Basswood Financial Fund | 0 | 94,299 | 0 | 94,299 | 94,299 | 0.27% |
| Basswood Financial Fund, Inc | 0 | 33,044 | 0 | 33,044 | 33,044 | 0.10% |
| Basswood Financial Long Only Fund | 0 | 26,271 | 0 | 26,271 | 26,271 | 0.08% |
| Basswood Enhanced Long Short Fund | 0 | 1,132,342 | 0 | 1,132,342 | 1,132,342 | 3.27% |
| Basswood Opportunity Partners | 0 | 224,468 | 0 | 224,468 | 224,468 | 0.65% |
| Basswood Opportunity Fund, Inc | 0 | 162,564 | 0 | 162,564 | 162,564 | 0.47% |
| Boulevard Direct Master, Ltd | 0 | 344,240 | 0 | 344,240 | 344,240 | 0.99% |
| BCM Select Equity I Master, Ltd | 0 | 71,525 | 0 | 71,525 | 71,525 | 0.21% |
| Matthew Lindenbaum | 0 | 2,385,972 | 0 | 2,385,972 | 2,385,972 | 6.89% |
| Bennett Lindenbaum | 0 | 2,385,972 | 0 | 2,385,972 | 2,385,972 | 6.89% |