American National Bankshares Inc
AMNB
AMNB was delisted on the 28th of March, 2024.
77 hedge funds and large institutions have $145M invested in American National Bankshares Inc in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 8 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
3% more capital invested
Capital invested by funds: $140M → $145M (+$4.72M)
7% less funds holding
Funds holding: 83 → 77 (-6)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$1.6M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.56M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$742K |
| 4 |
State Street
Boston,
Massachusetts
|
+$712K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$989K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$751K |
| 3 |
JP Morgan Chase
New York
|
-$691K |
| 4 |
SSWM
Smith Salley Wealth Management
Greensboro,
North Carolina
|
-$466K |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIP
76
Rhino Investment Partners
West Conshohocken,
Pennsylvania
| – | -$989K | -26,793 | Closed |
|
|
77
Invesco
Atlanta,
Georgia
| – | -$751K | -20,338 | Closed |
|
|
IAIM
78
International Assets Investment Management
Orlando,
Florida
| – | -$294K | -7,964 | Closed |
|
79
Truist Financial
Charlotte,
North Carolina
| – | -$240K | -6,506 | Closed |
|
|
VIA
80
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$142K | -3,852 | Closed |
|
81
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$78K | -2,100 | Closed |
|
|
TWA
82
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2.44K | -66 | Closed |
|
|
CAM
83
ClariVest Asset Management
San Diego,
California
| – | -$1K | -34 | Closed |
|
|
C
84
Covestor
London,
United Kingdom
| – | +$34 | +1 | +20% |
|
|
CAL
85
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$237 | +7 | New |
|
AMNB Hedge Fund Activity: Q1 2023 in Review
77 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in American National Bankshares Inc (AMNB) for Q1 2023, worth a combined $145M — up 3.4% from $140M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AMNB and 4 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 29 added.
The largest buyer was North Reef Capital Management, adding an estimated $1.6M. The largest seller was Rhino Investment Partners, exiting entirely with an estimated $989K sold.
- 77 institutional investors held American National Bankshares Inc (AMNB) as of Q1 2023, down from 83 in Q4 2022.
- Funds reported $145M of American National Bankshares Inc stock for Q1 2023, up 3.4% quarter-over-quarter.
- 4 funds opened new American National Bankshares Inc positions in Q1 2023 and 8 closed out, a net change of -4 holders.
- The largest American National Bankshares Inc buyer in Q1 2023 was North Reef Capital Management, an estimated $1.6M added.
- The largest American National Bankshares Inc seller in Q1 2023 was Rhino Investment Partners, an estimated $989K sold.
Based on aggregated 13F filings for Q1 2023.