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Blue Ridge Bankshares
BRBS

63 hedge funds and large institutions have $35.3M invested in Blue Ridge Bankshares in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

5% more funds holding

Funds holding: 60 → 63 (+3)

1.84% more ownership

Funds ownership: 38.84% → 40.68% (+1.8%)

6% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 16

46% less capital invested

Capital invested by funds: $65.1M → $35.3M (-$29.8M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
63
Holders Change
+3
Holders Change %
+5%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
8
Increased
17
Reduced
16
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$4.35M
2
Morgan Stanley
Morgan Stanley
New York
+$744K
3
BCM
Bridgeway Capital Management
Texas
+$398K
4
Citadel Advisors
Citadel Advisors
Florida
+$314K
5
AllianceBernstein
AllianceBernstein
Tennessee
+$277K

Top Sellers

Rank Fund Capital Flow
1
CCM
Cutler Capital Management
Massachusetts
-$1.36M
2
BlackRock
BlackRock
New York
-$365K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$240K
4
Bank of New York Mellon
Bank of New York Mellon
New York
-$173K
5
Goldman Sachs
Goldman Sachs
New York
-$136K
Name Holding Trade Value Shares
Change 		Change in
Stake
FL
1
Fourthstone LLC
Missouri
$8.57M +$4.35M +553,500 +41%
BFC
2
Banc Funds Company
Illinois
$5.1M – – –
BlackRock
3
BlackRock
New York
$4.64M -$365K -46,370 -4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.8M +$11.7K +1,491 +0.2%
AllianceBernstein
5
AllianceBernstein
Tennessee
$2.18M +$277K +35,254 +8%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.43M +$39.9K +5,074 +2%
PU
7
Petiole USA
New York
$1.24M – – –
State Street
8
State Street
Massachusetts
$1.23M +$9.44K +1,200 +0.4%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$732K -$240K -30,465 -16%
BCM
10
Bridgeway Capital Management
Texas
$715K +$398K +50,634 +47%
HWA
11
Heritage Wealth Advisors
Virginia
$677K – – –
Northern Trust
12
Northern Trust
Illinois
$617K -$11.3K -1,440 -1%
Morgan Stanley
13
Morgan Stanley
New York
$597K +$744K +94,557 +252%
GJL
14
Gendell Jeffrey L
$442K – – –
CCM
15
Cutler Capital Management
Massachusetts
$301K -$1.36M -172,850 -72%
LSV Asset Management
16
LSV Asset Management
Illinois
$260K – – –
Citadel Advisors
17
Citadel Advisors
Florida
$229K +$314K +39,978 +372%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$222K -$173K -21,948 -31%
Millennium Management
19
Millennium Management
New York
$218K -$71.4K -9,073 -16%
Charles Schwab
20
Charles Schwab
California
$208K – – –
EF
21
Empowered Funds
Pennsylvania
$204K +$28.6K +3,634 +9%
SO
22
STRS Ohio
Ohio
$167K – – –
N
23
Nuveen
North Carolina
$160K – – –
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$119K +$3.9K +496 +2%
AC
25
Aristides Capital
Kentucky
$102K – – –
1
2 3

BRBS Hedge Fund Activity: Q3 2023 in Review

63 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Blue Ridge Bankshares (BRBS) for Q3 2023, worth a combined $35.3M — down 46% from $65.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BRBS positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 16 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $4.35M. The largest seller was Cutler Capital Management, cutting an estimated $1.36M.

  • 63 institutional investors held Blue Ridge Bankshares (BRBS) as of Q3 2023, up from 60 in Q2 2023.
  • Funds reported $35.3M of Blue Ridge Bankshares stock for Q3 2023, down 46% quarter-over-quarter.
  • 8 funds opened new Blue Ridge Bankshares positions in Q3 2023 and 4 closed out, a net change of +4 holders.
  • The largest Blue Ridge Bankshares buyer in Q3 2023 was Fourthstone LLC, an estimated $4.35M added.
  • The largest Blue Ridge Bankshares seller in Q3 2023 was Cutler Capital Management, an estimated $1.36M sold.

Based on aggregated 13F filings for Q3 2023.