FB Financial Corp
FBK
65 hedge funds and large institutions have $166M invested in FB Financial Corp in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 15 closing their positions.
133% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 15
41% more funds holding
Funds holding: 46 → 65 (+19)
41% more capital invested
Capital invested by funds: $117M → $166M (+$48.3M)
1.75% more ownership
Funds ownership: 24.85% → 26.6% (+1.8%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.93M |
| 3 |
HA
Homestead Advisers
Arlington,
Virginia
|
+$4.74M |
| 4 |
CA
CapWealth Advisors
Franklin,
Tennessee
|
+$3.96M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$6.14M |
| 2 |
Millennium Management
New York
|
-$2.35M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$2.29M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.12M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GGHC
76
Gilder Gagnon Howe & Co
New York
| – | -$264K | -13,087 | Closed |
|
77
Point72 Asset Management
Stamford,
Connecticut
| – | -$153K | -7,594 | Closed |
|
|
PHK
78
Point72 Hong Kong
Hong Kong
| – | -$115K | -5,700 | Closed |
|
79
SG Americas Securities
New York
| – | -$111K | -5,486 | Closed |
|
|
CSS
80
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$4K | -222 | Closed |
|
FBK Hedge Fund Activity: Q4 2016 in Review
65 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q4 2016, worth a combined $166M — up 41% from $117M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FBK positions and 15 closed out — a net gain of 20 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $10.3M. The largest seller was Curi RMB Capital, cutting an estimated $6.14M.
- 65 institutional investors held FB Financial Corp (FBK) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $166M of FB Financial Corp stock for Q4 2016, up 41% quarter-over-quarter.
- 35 funds opened new FB Financial Corp positions in Q4 2016 and 15 closed out, a net change of +20 holders.
- The largest FB Financial Corp buyer in Q4 2016 was T. Rowe Price Associates, an estimated $10.3M added.
- The largest FB Financial Corp seller in Q4 2016 was Curi RMB Capital, an estimated $6.14M sold.
Based on aggregated 13F filings for Q4 2016.