Blue Ridge Bankshares
BRBS
58 hedge funds and large institutions have $72.9M invested in Blue Ridge Bankshares in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 4 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
1.45% more ownership
Funds ownership: 36.24% → 37.69% (+1.5%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
15% less capital invested
Capital invested by funds: $85.8M → $72.9M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.43M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$378K |
| 3 |
Morgan Stanley
New York
|
+$281K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$123K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$65.3K |
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 |
BRBS Hedge Fund Activity: Q1 2023 in Review
58 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q1 2023, worth a combined $72.9M — down 15% from $85.8M a quarter earlier.
Fund positioning in BRBS was balanced in Q1 2023: 4 funds opened new positions, 4 closed out, 20 added to existing stakes and 18 trimmed.
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, unchanged from Q4 2022.
- Funds reported $72.9M of Blue Ridge Bankshares stock for Q1 2023, down 15% quarter-over-quarter.
- 4 funds opened new Blue Ridge Bankshares positions in Q1 2023 and 4 closed out, a net change of 0 holders.
- 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.