Blue Ridge Bankshares
BRBS
71 hedge funds and large institutions have $59M invested in Blue Ridge Bankshares in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 18 closing their positions.
68% more capital invested
Capital invested by funds: $35.2M → $59M (+$23.8M)
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 79 → 71 (-8)
29.24% less ownership
Funds ownership: 57.94% → 28.7% (-29%)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
53% less call options, than puts
Call options by funds: $28K | Put options by funds: $60K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.58M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$4.71M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.58M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$1.84M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$364K |
| 2 |
Millennium Management
New York
|
-$231K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$221K |
| 4 |
AGM
Alpine Global Management
New York
|
-$201K |
| 5 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
76
Point72 Asia (Singapore)
Singapore
| – | -$72.8K | -27,890 | Closed |
|
77
AQR Capital Management
Greenwich,
Connecticut
| – | -$71.6K | -27,446 | Closed |
|
|
TWP
78
TFO Wealth Partners
Maumee,
Ohio
| – | -$48K | -18,399 | Closed |
|
|
PP
79
Paloma Partners
Greenwich,
Connecticut
| – | -$43K | -16,478 | Closed |
|
|
GSC
80
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$35.6K | -13,655 | Closed |
|
81
RhumbLine Advisers
Boston,
Massachusetts
| – | -$26.6K | -10,207 | Closed |
|
82
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
| – | -$25.5K | -9,762 | Closed |
|
83
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3.92K | -1,503 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -1,076 | Closed |
|
85
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2.4K | -919 | Closed |
|
86
New York State Common Retirement Fund
Albany,
New York
| – | -$405 | -155 | Closed |
|
|
DCM
87
Davis Capital Management
Jacksonville,
Florida
| – | -$285 | -100 | Closed |
|
|
PD
88
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$5 | -2 | Closed |
|
BRBS Hedge Fund Activity: Q3 2024 in Review
71 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q3 2024, worth a combined $59M — up 68% from $35.2M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BRBS and 10 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Vanguard Group, adding an estimated $6.58M. The largest seller was Goldman Sachs, cutting an estimated $364K.
- 71 institutional investors held Blue Ridge Bankshares (BRBS) as of Q3 2024, down from 79 in Q2 2024.
- Funds reported $59M of Blue Ridge Bankshares stock for Q3 2024, up 68% quarter-over-quarter.
- 10 funds opened new Blue Ridge Bankshares positions in Q3 2024 and 18 closed out, a net change of -8 holders.
- The largest Blue Ridge Bankshares buyer in Q3 2024 was Vanguard Group, an estimated $6.58M added.
- The largest Blue Ridge Bankshares seller in Q3 2024 was Goldman Sachs, an estimated $364K sold.
Based on aggregated 13F filings for Q3 2024.