Blue Ridge Bankshares
BRBS
73 hedge funds and large institutions have $16.5M invested in Blue Ridge Bankshares in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 13 closing their positions.
1,233% more call options, than puts
Call options by funds: $40K | Put options by funds: $3K
5% less funds holding
Funds holding: 77 → 73 (-4)
28.38% less ownership
Funds ownership: 60.3% → 31.91% (-28%)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
53% less capital invested
Capital invested by funds: $35.1M → $16.5M (-$18.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$164K |
| 2 |
Goldman Sachs
New York
|
+$125K |
| 3 |
Renaissance Technologies
New York
|
+$105K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$48.4K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$43.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$5.44M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$4.89M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$2.64M |
| 4 |
Morgan Stanley
New York
|
-$1.51M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OQS
76
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$61K | -20,146 | Closed |
|
77
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$45.7K | -15,072 | Closed |
|
|
SW
78
Simplicity Wealth
Summit,
New Jersey
| – | -$37.4K | -12,336 | Closed |
|
|
HF
79
HRT Financial
New York
| – | -$32K | -10,771 | Closed |
|
80
SG Americas Securities
New York
| – | -$31K | -10,160 | Closed |
|
81
LSV Asset Management
Chicago,
Illinois
| – | -$26K | -8,686 | Closed |
|
|
PA
82
Parallel Advisors
San Francisco,
California
| – | -$2.33K | -770 | Closed |
|
|
RTL
83
Red Tortoise LLC
Atlanta,
Georgia
| – | -$1.97K | -650 | Closed |
|
|
GWS
84
Glassman Wealth Services
Vienna,
Virginia
| – | -$415 | -137 | Closed |
|
85
Osaic Holdings
Scottsdale,
Arizona
| – | -$212 | -70 | Closed |
|
86
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$122 | -45 | -31% |
|
BRBS Hedge Fund Activity: Q1 2024 in Review
73 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q1 2024, worth a combined $16.5M — down 53% from $35.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BRBS and 9 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Invesco, opening a new position worth an estimated $164K. The largest seller was Banc Funds Company, cutting an estimated $5.44M.
- 73 institutional investors held Blue Ridge Bankshares (BRBS) as of Q1 2024, down from 77 in Q4 2023.
- Funds reported $16.5M of Blue Ridge Bankshares stock for Q1 2024, down 53% quarter-over-quarter.
- 9 funds opened new Blue Ridge Bankshares positions in Q1 2024 and 13 closed out, a net change of -4 holders.
- The largest Blue Ridge Bankshares buyer in Q1 2024 was Invesco, an estimated $164K added.
- The largest Blue Ridge Bankshares seller in Q1 2024 was Banc Funds Company, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2024.