Blue Ridge Bankshares
BRBS
58 hedge funds and large institutions have $72.7M invested in Blue Ridge Bankshares in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
0.66% more ownership
Funds ownership: 37.03% → 37.69% (+0.66%)
2% less funds holding
Funds holding: 59 → 58 (-1)
15% less capital invested
Capital invested by funds: $85.8M → $72.7M (-$13M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.43M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$500K |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$378K |
| 4 |
Morgan Stanley
New York
|
+$281K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$440K |
| 2 |
Goldman Sachs
New York
|
-$278K |
| 3 |
BlackRock
New York
|
-$174K |
| 4 |
GJL
Gendell Jeffrey L
|
-$165K |
| 5 |
Two Sigma Investments
New York
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWML
51
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| $8.76K | +$95 | +8 | +0.9% |
|
|
MLICM
52
Metropolitan Life Insurance Company (MetLife)
New York
| $8.65K | -$6.48K | -546 | -39% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $7.81K | +$8.93K | +753 | +5,792% |
|
|
EI
54
Ellevest Inc
New York
| $6.34K | +$7.38K | +622 | New |
|
|
SOW
55
State of Wyoming
Cheyenne,
Wyoming
| $6.01K | -$2.19K | -185 | -24% |
|
|
C
56
Covestor
London,
United Kingdom
| $5K | +$1.51K | +127 | +32% |
|
57
Citigroup
New York
| $479 | -$1.35K | -114 | -71% |
|
58
Commonwealth Equity Services
Waltham,
Massachusetts
| $107 | -$42.4K | -3,574 | -25% |
|
|
59
Invesco
Atlanta,
Georgia
| – | -$440K | -35,236 | Closed |
|
|
60
Goldman Sachs
New York
| – | -$278K | -22,239 | Closed |
|
|
61
Two Sigma Investments
New York
| – | -$143K | -11,443 | Closed |
|
|
CS
62
Credit Suisse
Zurich,
Switzerland
| – | -$12 | -1 | Closed |
|
BRBS Hedge Fund Activity: Q1 2023 in Review
58 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q1 2023, worth a combined $72.7M — down 15% from $85.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BRBS and 3 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 21 added.
The largest buyer was Vanguard Group, adding an estimated $1.43M. The largest seller was Invesco, exiting entirely with an estimated $440K sold.
- 58 institutional investors held Blue Ridge Bankshares (BRBS) as of Q1 2023, down from 59 in Q4 2022.
- Funds reported $72.7M of Blue Ridge Bankshares stock for Q1 2023, down 15% quarter-over-quarter.
- 3 funds opened new Blue Ridge Bankshares positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest Blue Ridge Bankshares buyer in Q1 2023 was Vanguard Group, an estimated $1.43M added.
- The largest Blue Ridge Bankshares seller in Q1 2023 was Invesco, an estimated $440K sold.
Based on aggregated 13F filings for Q1 2023.