FB Financial Corp
67 hedge funds and large institutions have $225M invested in FB Financial Corp in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 13 closing their positions.
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
36% more capital invested
Capital invested by funds: $166M → $225M (+$59.1M)
3% more funds holding
Funds holding: 65 → 67 (+2)
0.81% less ownership
Funds ownership: 26.6% → 25.78% (-0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.89M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.01M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$4.81M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$13M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.1M |
| 3 |
Jennison Associates
New York
|
-$5.06M |
| 4 |
Millennium Management
New York
|
-$4.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Acadian Asset Management
Boston,
Massachusetts
| – | -$429K | -16,504 | Closed |
|
|
SO
77
STRS Ohio
Columbus,
Ohio
| – | -$61.9K | -2,100 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$15K | -596 | Closed |
|
|
CCA
79
Catalyst Capital Advisors
Huntington,
New York
| – | -$4K | -155 | Closed |
|
|
SIC
80
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$2K | -100 | Closed |
|
FBK Hedge Fund Activity: Q1 2017 in Review
67 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q1 2017, worth a combined $225M — up 36% from $166M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FBK positions and 13 closed out — a net gain of 7 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $8.89M. The largest seller was EJF Capital, exiting entirely with an estimated $13M sold.
- 67 institutional investors held FB Financial Corp (FBK) as of Q1 2017, up from 65 in Q4 2016.
- Funds reported $225M of FB Financial Corp stock for Q1 2017, up 36% quarter-over-quarter.
- 20 funds opened new FB Financial Corp positions in Q1 2017 and 13 closed out, a net change of +7 holders.
- The largest FB Financial Corp buyer in Q1 2017 was BlackRock, an estimated $8.89M added.
- The largest FB Financial Corp seller in Q1 2017 was EJF Capital, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2017.