FB Financial Corp
154 hedge funds and large institutions have $1.13B invested in FB Financial Corp in 2021 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 33 reducing their positions, and 21 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 33
3.78% more ownership
Funds ownership: 60.1% → 63.88% (+3.8%)
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
1% more funds holding
Funds holding: 153 → 154 (+1)
11% less capital invested
Capital invested by funds: $1.26B → $1.13B (-$135M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$19.7M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$9.49M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.9M |
| 4 |
BlackRock
New York
|
+$8.5M |
| 5 |
Goldman Sachs
New York
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$6.13M |
| 2 |
Millennium Management
New York
|
-$5.25M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$3.31M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.81M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.75M |
FBK Hedge Fund Activity: Q2 2021 in Review
154 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2021, worth a combined $1.13B — down 11% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FBK positions and 21 closed out — a net gain of 1 holder — while 68 added to existing stakes and 33 trimmed.
The largest buyer was Invesco, adding an estimated $19.7M. The largest seller was Brown Advisory, exiting entirely with an estimated $6.13M sold.
- 154 institutional investors held FB Financial Corp (FBK) as of Q2 2021, up from 153 in Q1 2021.
- Funds reported $1.13B of FB Financial Corp stock for Q2 2021, down 11% quarter-over-quarter.
- 22 funds opened new FB Financial Corp positions in Q2 2021 and 21 closed out, a net change of +1 holder.
- The largest FB Financial Corp buyer in Q2 2021 was Invesco, an estimated $19.7M added.
- The largest FB Financial Corp seller in Q2 2021 was Brown Advisory, an estimated $6.13M sold.
Based on aggregated 13F filings for Q2 2021.