Tom Brown's hedge fund firm Second Curve Capital just filed a 13G with the SEC regarding shares of The Bancorp (TBBK).
Due to trading activity on March 1st, 2012, Second Curve has disclosed a 5.1% ownership stake in The Bancorp with 1,692,832 shares. This is an increase of 37% in their position size since the end of 2011.
About Second Curve Capital
Prior to founding Second Curve, Tom Brown headed the financial services group at Julian Robertson's Tiger Management. As such, it should come as no surprise that his fund largely focuses on financials.
About The Bancorp
Per Google Finance, The Bancorp is "a financial holding company with a wholly owned subsidiary, The Bancorp Bank (the Bank). Through the Bank, the Company provides a range of commercial and retail banking services and related other banking services, which include private label banking, health savings accounts stored value (prepaid debit) cards and merchant card processing to both regional and national markets."
Tuesday, March 6, 2012
Tom Brown's Second Curve Capital Raises Stake In The Bancorp (TBBK)
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