FineMark Holdings (NASDAQ: FNBT) investor reports 1.8% Banc Funds stake
Rhea-AI Filing Summary
The Banc Funds Company, L.L.C., doing business as 1st and Main Growth Partners, filed an amended Schedule 13G reporting its beneficial ownership in FineMark Holdings, Inc. common stock as of 12/31/2025.
The filing shows beneficial ownership of 219,426 shares of FineMark common stock, representing 1.8% of the class. The group confirms it owns 5 percent or less of the outstanding shares and certifies that the investment is not for the purpose of changing or influencing control of FineMark.
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FAQ
What ownership stake in FineMark Holdings (FNBT) does The Banc Funds Company report?
The Banc Funds Company reports owning 219,426 FineMark shares, or 1.8% of the common stock. This ownership level is disclosed in an amended Schedule 13G and is below the 5 percent threshold that typically signals a larger, more influential stake.
What type of SEC filing did The Banc Funds Company submit for FineMark Holdings (FNBT)?
The Banc Funds Company submitted an amended Schedule 13G for FineMark Holdings. This form is used to report beneficial ownership positions that are generally passive, rather than intended to change or influence control of the company.
Is The Banc Funds Company reporting a passive investment in FineMark Holdings (FNBT)?
Yes, the filing certifies the FineMark stake is a passive investment. The signatory states the securities were not acquired and are not held to change or influence control of FineMark, other than activities tied to specific proxy nomination rules.
Does the Banc Funds group own more than 5% of FineMark Holdings (FNBT)?
No, the group reports ownership of 5 percent or less of FineMark’s common stock. The Schedule 13G explicitly states ownership of 1.8% of the class, keeping the position below the 5 percent large-holder threshold.
Who ultimately controls the reported FineMark Holdings (FNBT) position?
The structure is controlled through The Banc Funds Company, L.L.C. Various limited partnerships hold or manage the position, and the filing explains that The Banc Funds Company serves as general partner, with an identified controlling member overseeing voting and dispositive power.