Blue Ridge Bankshares
BRBS
60 hedge funds and large institutions have $65.1M invested in Blue Ridge Bankshares in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 4 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
3% more funds holding
Funds holding: 58 → 60 (+2)
1.15% more ownership
Funds ownership: 37.69% → 38.84% (+1.2%)
10% less capital invested
Capital invested by funds: $72.7M → $65.1M (-$7.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.52M |
| 2 |
BlackRock
New York
|
+$675K |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$376K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$174K |
| 5 |
Goldman Sachs
New York
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$1.77M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$506K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$189K |
| 4 |
Millennium Management
New York
|
-$173K |
| 5 |
Two Sigma Advisers
New York
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $13.5K | -$825 | -91 | -6% |
|
52
Fidelity Investments
Boston,
Massachusetts
| $13.2K | +$6.58K | +726 | +95% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $12K | – | – | – |
|
|
EWA
54
EverSource Wealth Advisors
Birmingham,
Alabama
| $8.24K | – | – | – |
|
|
RWML
55
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| $7.7K | +$100 | +11 | +1% |
|
|
MLICM
56
Metropolitan Life Insurance Company (MetLife)
New York
| $7.5K | – | – | – |
|
57
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | -$1.66K | -183 | -22% |
|
|
SOW
58
State of Wyoming
Cheyenne,
Wyoming
| $5.74K | +$535 | +59 | +10% |
|
|
C
59
Covestor
London,
United Kingdom
| $2K | -$2.62K | -289 | -55% |
|
60
Russell Investments Group
London,
United Kingdom
| $1.98K | +$2.03K | +224 | New |
|
|
61
Two Sigma Advisers
New York
| – | -$107K | -10,500 | Closed |
|
|
RA
62
Raffles Associates
New York
| – | -$102K | -10,000 | Closed |
|
63
Allspring Global Investments
Charlotte,
North Carolina
| – | -$55.7K | -5,462 | Closed |
|
|
EI
64
Ellevest Inc
New York
| – | -$6.34K | -622 | Closed |
|
BRBS Hedge Fund Activity: Q2 2023 in Review
60 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q2 2023, worth a combined $65.1M — down 10% from $72.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BRBS positions and 4 closed out — a net gain of 2 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $2.52M. The largest seller was Siena Capital Partners, cutting an estimated $1.77M.
- 60 institutional investors held Blue Ridge Bankshares (BRBS) as of Q2 2023, up from 58 in Q1 2023.
- Funds reported $65.1M of Blue Ridge Bankshares stock for Q2 2023, down 10% quarter-over-quarter.
- 6 funds opened new Blue Ridge Bankshares positions in Q2 2023 and 4 closed out, a net change of +2 holders.
- The largest Blue Ridge Bankshares buyer in Q2 2023 was Fourthstone LLC, an estimated $2.52M added.
- The largest Blue Ridge Bankshares seller in Q2 2023 was Siena Capital Partners, an estimated $1.77M sold.
Based on aggregated 13F filings for Q2 2023.