Blue Ridge Bankshares
BRBS
63 hedge funds and large institutions have $35.3M invested in Blue Ridge Bankshares in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
5% more funds holding
Funds holding: 60 → 63 (+3)
1.84% more ownership
Funds ownership: 38.84% → 40.68% (+1.8%)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
46% less capital invested
Capital invested by funds: $65.1M → $35.3M (-$29.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$4.35M |
| 2 |
Morgan Stanley
New York
|
+$744K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$398K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$314K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$1.36M |
| 2 |
BlackRock
New York
|
-$365K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$240K |
| 4 |
Bank of New York Mellon
New York
|
-$173K |
| 5 |
Goldman Sachs
New York
|
-$136K |
BRBS Hedge Fund Activity: Q3 2023 in Review
63 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q3 2023, worth a combined $35.3M — down 46% from $65.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BRBS positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $4.35M. The largest seller was Cutler Capital Management, cutting an estimated $1.36M.
- 63 institutional investors held Blue Ridge Bankshares (BRBS) as of Q3 2023, up from 60 in Q2 2023.
- Funds reported $35.3M of Blue Ridge Bankshares stock for Q3 2023, down 46% quarter-over-quarter.
- 8 funds opened new Blue Ridge Bankshares positions in Q3 2023 and 4 closed out, a net change of +4 holders.
- The largest Blue Ridge Bankshares buyer in Q3 2023 was Fourthstone LLC, an estimated $4.35M added.
- The largest Blue Ridge Bankshares seller in Q3 2023 was Cutler Capital Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2023.