FB Financial Corp
FBK
188 hedge funds and large institutions have $1.23B invested in FB Financial Corp in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 67 reducing their positions, and 23 closing their positions.
1,930% more call options, than puts
Call options by funds: $2.74M | Put options by funds: $135K
47% more capital invested
Capital invested by funds: $842M → $1.23B (+$392M)
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
2.59% more ownership
Funds ownership: 63.44% → 66.04% (+2.6%)
1% more funds holding
Funds holding: 186 → 188 (+2)
1% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.3M |
| 2 |
Morgan Stanley
New York
|
+$10.6M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$8.65M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$7.31M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.85M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.89M |
| 3 |
Millennium Management
New York
|
-$4.42M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$2.62M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$2.09M |
FBK Hedge Fund Activity: Q4 2023 in Review
188 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q4 2023, worth a combined $1.23B — up 47% from $842M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FBK positions and 23 closed out — a net gain of 4 holders — while 66 added to existing stakes and 67 trimmed.
The largest buyer was BlackRock, adding an estimated $16.3M. The largest seller was Victory Capital Management, cutting an estimated $9.85M.
- 188 institutional investors held FB Financial Corp (FBK) as of Q4 2023, up from 186 in Q3 2023.
- Funds reported $1.23B of FB Financial Corp stock for Q4 2023, up 47% quarter-over-quarter.
- 27 funds opened new FB Financial Corp positions in Q4 2023 and 23 closed out, a net change of +4 holders.
- The largest FB Financial Corp buyer in Q4 2023 was BlackRock, an estimated $16.3M added.
- The largest FB Financial Corp seller in Q4 2023 was Victory Capital Management, an estimated $9.85M sold.
Based on aggregated 13F filings for Q4 2023.