BayFirst Financial Corp
BAFN
13 hedge funds and large institutions have $10.8M invested in BayFirst Financial Corp in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0.76% less ownership
Funds ownership: 17.66% → 16.9% (-0.76%)
10% less capital invested
Capital invested by funds: $11.9M → $10.8M (-$1.17M)
13% less funds holding
Funds holding: 15 → 13 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$323K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$104K |
| 3 |
BlackRock
New York
|
+$4.73K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$323 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$592K |
| 2 |
First Manhattan
New York
|
-$130K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$27.5K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.78K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$54 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Vanguard Group
Malvern,
Pennsylvania
| $2.45M | +$104K | +5,800 | +4% |
|
|
2
First Manhattan
New York
| $2.15M | -$130K | -7,250 | -5% |
|
|
BFC
3
Banc Funds Company
Chicago,
Illinois
| $2.08M | – | – | – |
|
|
APP
4
Avantax Planning Partners
Dubuque,
Iowa
| $871K | +$323K | +18,001 | +47% |
|
|
SM
5
Salzhauer Michael
| $855K | – | – | – |
|
|
6
BlackRock
New York
| $747K | +$4.73K | +264 | +0.6% |
|
|
GCM
7
Gator Capital Management
Tampa,
Florida
| $547K | – | – | – |
|
|
KCM
8
Kennedy Capital Management
St Louis,
Missouri
| $429K | +$323 | +18 | +0.1% |
|
9
Geode Capital Management
Boston,
Massachusetts
| $384K | – | – | – |
|
10
Creative Planning
Overland Park,
Kansas
| $242K | – | – | – |
|
|
11
Bank of America
Charlotte,
North Carolina
| $4.13K | -$54 | -3 | -1% |
|
12
Wells Fargo
San Francisco,
California
| $357 | – | – | – |
|
|
13
AllianceBernstein
Nashville,
Tennessee
| – | -$592K | -35,431 | Closed |
|
|
14
UBS Group
Zurich,
Switzerland
| – | -$27.5K | -1,644 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$2.78K | -155 | -83% |
|
BAFN Hedge Fund Activity: Q1 2023 in Review
13 of the 6,278 institutional investors tracked by Wall St. Rank reported a position in BayFirst Financial Corp (BAFN) for Q1 2023, worth a combined $10.8M — down 9.8% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BAFN and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Avantax Planning Partners, adding an estimated $323K. The largest seller was AllianceBernstein, exiting entirely with an estimated $592K sold.
- 13 institutional investors held BayFirst Financial Corp (BAFN) as of Q1 2023, down from 15 in Q4 2022.
- Funds reported $10.8M of BayFirst Financial Corp stock for Q1 2023, down 9.8% quarter-over-quarter.
- 0 funds opened new BayFirst Financial Corp positions in Q1 2023 and 2 closed out, a net change of -2 holders.
- The largest BayFirst Financial Corp buyer in Q1 2023 was Avantax Planning Partners, an estimated $323K added.
- The largest BayFirst Financial Corp seller in Q1 2023 was AllianceBernstein, an estimated $592K sold.
Based on aggregated 13F filings for Q1 2023.