Blue Ridge Bankshares
BRBS
48 hedge funds and large institutions have $115M invested in Blue Ridge Bankshares in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more funds holding
Funds holding: 33 → 48 (+15)
41% more capital invested
Capital invested by funds: $81.9M → $115M (+$33.6M)
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
9.79% less ownership
Funds ownership: 45.1% → 35.31% (-9.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.25M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.21M |
| 4 |
State Street
Boston,
Massachusetts
|
+$3.02M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.22M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$5.66M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$2.95M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.79M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Wellington Management Group
Boston,
Massachusetts
| – | -$1.05M | -71,853 | Closed |
|
52
Millennium Management
New York
| – | -$1.03M | -70,694 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$479K | -32,738 | Closed |
|
BRBS Hedge Fund Activity: Q2 2021 in Review
48 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q2 2021, worth a combined $115M — up 41% from $81.9M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BRBS positions and 5 closed out — a net gain of 15 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $14.1M. The largest seller was EJF Capital, exiting entirely with an estimated $9.22M sold.
- 48 institutional investors held Blue Ridge Bankshares (BRBS) as of Q2 2021, up from 33 in Q1 2021.
- Funds reported $115M of Blue Ridge Bankshares stock for Q2 2021, up 41% quarter-over-quarter.
- 20 funds opened new Blue Ridge Bankshares positions in Q2 2021 and 5 closed out, a net change of +15 holders.
- The largest Blue Ridge Bankshares buyer in Q2 2021 was BlackRock, an estimated $14.1M added.
- The largest Blue Ridge Bankshares seller in Q2 2021 was EJF Capital, an estimated $9.22M sold.
Based on aggregated 13F filings for Q2 2021.