FB Financial Corp
FBK
94 hedge funds and large institutions have $463M invested in FB Financial Corp in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
19% more funds holding
Funds holding: 79 → 94 (+15)
14% more capital invested
Capital invested by funds: $407M → $463M (+$56.6M)
0.77% more ownership
Funds ownership: 35.38% → 36.15% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$11.2M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$5.1M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$4.01M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.44M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$10.7M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$6.59M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
-$5.24M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
-$3.77M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.43M |
FBK Hedge Fund Activity: Q4 2017 in Review
94 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q4 2017, worth a combined $463M — up 14% from $407M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FBK positions and 8 closed out — a net gain of 15 holders — while 35 added to existing stakes and 21 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $11.2M. The largest seller was Curi RMB Capital, cutting an estimated $10.7M.
- 94 institutional investors held FB Financial Corp (FBK) as of Q4 2017, up from 79 in Q3 2017.
- Funds reported $463M of FB Financial Corp stock for Q4 2017, up 14% quarter-over-quarter.
- 23 funds opened new FB Financial Corp positions in Q4 2017 and 8 closed out, a net change of +15 holders.
- The largest FB Financial Corp buyer in Q4 2017 was Cardinal Capital Management LLC (Connecticut), an estimated $11.2M added.
- The largest FB Financial Corp seller in Q4 2017 was Curi RMB Capital, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2017.