Evans Bancorp Inc
EVBN
EVBN was delisted on the 2nd of May, 2025.
42 hedge funds and large institutions have $106M invested in Evans Bancorp Inc in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 9 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $113M → $106M (-$6.48M)
18% less funds holding
Funds holding: 51 → 42 (-9)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.69M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.54M |
| 3 |
Millennium Management
New York
|
+$753K |
| 4 |
Jane Street
New York
|
+$682K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$5.73M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.15M |
| 3 |
PCM
Prelude Capital Management
New York
|
-$726K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$660K |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$575K |
EVBN Hedge Fund Activity: Q1 2023 in Review
42 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Evans Bancorp Inc (EVBN) for Q1 2023, worth a combined $106M — down 5.8% from $113M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EVBN and 2 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was FJ Capital Management, adding an estimated $5.69M. The largest seller was Fourthstone LLC, cutting an estimated $5.73M.
- 42 institutional investors held Evans Bancorp Inc (EVBN) as of Q1 2023, down from 51 in Q4 2022.
- Funds reported $106M of Evans Bancorp Inc stock for Q1 2023, down 5.8% quarter-over-quarter.
- 2 funds opened new Evans Bancorp Inc positions in Q1 2023 and 9 closed out, a net change of -7 holders.
- The largest Evans Bancorp Inc buyer in Q1 2023 was FJ Capital Management, an estimated $5.69M added.
- The largest Evans Bancorp Inc seller in Q1 2023 was Fourthstone LLC, an estimated $5.73M sold.
Based on aggregated 13F filings for Q1 2023.