FB Financial Corp
77 hedge funds and large institutions have $349M invested in FB Financial Corp in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
55% more capital invested
Capital invested by funds: $225M → $349M (+$124M)
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
15% more funds holding
Funds holding: 67 → 77 (+10)
7.79% more ownership
Funds ownership: 25.78% → 33.57% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$36.1M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$16.2M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$16.2M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$12.7M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.61M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$4.51M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$4.06M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$3.27M |
| 5 |
EM
ELCO Management
New York
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | -$8.34K | -232 | -67% |
|
77
Envestnet Asset Management
Chicago,
Illinois
| $2K | -$2.08K | -58 | -51% |
|
|
78
Wellington Management Group
Boston,
Massachusetts
| – | -$9.61M | -271,900 | Closed |
|
|
BA
79
Boston Advisors
Boston,
Massachusetts
| – | -$4.51M | -127,499 | Closed |
|
|
EM
80
ELCO Management
New York
| – | -$1.41M | -39,820 | Closed |
|
81
Norges Bank
Oslo,
Norway
| – | -$884K | -25,000 | Closed |
|
|
FIM
82
Foresters Investment Management
New York
| – | -$707K | -20,000 | Closed |
|
|
MFIMFI
83
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
| – | -$362K | -10,240 | Closed |
|
84
D.E. Shaw & Co
New York
| – | -$262K | -7,396 | Closed |
|
|
PL
85
Parkwood LLC
Cleveland,
Ohio
| – | -$228K | -6,446 | Closed |
|
|
AIM
86
Acrospire Investment Management
Chicago,
Illinois
| – | -$2K | -66 | Closed |
|
|
MAM
87
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -32 | Closed |
|
FBK Hedge Fund Activity: Q2 2017 in Review
77 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2017, worth a combined $349M — up 55% from $225M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FBK positions and 10 closed out — a net gain of 10 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $36.1M. The largest seller was Wellington Management Group, exiting entirely with an estimated $9.61M sold.
- 77 institutional investors held FB Financial Corp (FBK) as of Q2 2017, up from 67 in Q1 2017.
- Funds reported $349M of FB Financial Corp stock for Q2 2017, up 55% quarter-over-quarter.
- 20 funds opened new FB Financial Corp positions in Q2 2017 and 10 closed out, a net change of +10 holders.
- The largest FB Financial Corp buyer in Q2 2017 was T. Rowe Price Associates, an estimated $36.1M added.
- The largest FB Financial Corp seller in Q2 2017 was Wellington Management Group, an estimated $9.61M sold.
Based on aggregated 13F filings for Q2 2017.