American National Bankshares Inc
AMNB
AMNB was delisted on the 28th of March, 2024.
71 hedge funds and large institutions have $130M invested in American National Bankshares Inc in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 10 closing their positions.
8% less funds holding
Funds holding: 77 → 71 (-6)
10% less capital invested
Capital invested by funds: $145M → $130M (-$14.5M)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5M |
| 2 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$3.19M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$875K |
| 4 |
BlackRock
New York
|
+$760K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$11.1M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$695K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$673K |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$618K |
| 5 |
SSWM
Smith Salley Wealth Management
Greensboro,
North Carolina
|
-$608K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| – | -$52.1K | -1,645 | Closed |
|
77
Allspring Global Investments
Charlotte,
North Carolina
| – | -$23.3K | -735 | Closed |
|
|
78
Cerity Partners
New York
| – | -$11.1M | -300 | Closed |
|
|
TFGT
79
TS Financial Group (TSFG)
Lake Forest,
Illinois
| – | -$2K | -74 | Closed |
|
|
C
80
Covestor
London,
United Kingdom
| – | -$58 | -2 | -33% |
|
AMNB Hedge Fund Activity: Q2 2023 in Review
71 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in American National Bankshares Inc (AMNB) for Q2 2023, worth a combined $130M — down 10% from $145M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AMNB and 4 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 22 added.
The largest buyer was FJ Capital Management, adding an estimated $5M. The largest seller was Cerity Partners, exiting entirely with an estimated $11.1M sold.
- 71 institutional investors held American National Bankshares Inc (AMNB) as of Q2 2023, down from 77 in Q1 2023.
- Funds reported $130M of American National Bankshares Inc stock for Q2 2023, down 10% quarter-over-quarter.
- 4 funds opened new American National Bankshares Inc positions in Q2 2023 and 10 closed out, a net change of -6 holders.
- The largest American National Bankshares Inc buyer in Q2 2023 was FJ Capital Management, an estimated $5M added.
- The largest American National Bankshares Inc seller in Q2 2023 was Cerity Partners, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2023.