FB Financial Corp
FBK
98 hedge funds and large institutions have $604M invested in FB Financial Corp in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $518M → $604M (+$86.3M)
9% more funds holding
Funds holding: 90 → 98 (+8)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
0.61% more ownership
Funds ownership: 52.88% → 53.49% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$6.55M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$14.4M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$8.87M |
| 3 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$5.99M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.46M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$3.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Brown Advisory
Baltimore,
Maryland
| – | -$1.41M | -44,242 | Closed |
|
102
Principal Financial Group
Des Moines,
Iowa
| – | -$342K | -10,774 | Closed |
|
103
Squarepoint
New York
| – | -$248K | -7,820 | Closed |
|
|
FHA
104
First Horizon Advisors
Memphis,
Tennessee
| – | -$14K | -461 | Closed |
|
|
FCA
105
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$12K | -379 | Closed |
|
FBK Hedge Fund Activity: Q2 2019 in Review
98 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2019, worth a combined $604M — up 17% from $518M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FBK positions and 7 closed out — a net gain of 10 holders — while 34 added to existing stakes and 32 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $9.3M. The largest seller was Mendon Capital Advisors, cutting an estimated $14.4M.
- 98 institutional investors held FB Financial Corp (FBK) as of Q2 2019, up from 90 in Q1 2019.
- Funds reported $604M of FB Financial Corp stock for Q2 2019, up 17% quarter-over-quarter.
- 17 funds opened new FB Financial Corp positions in Q2 2019 and 7 closed out, a net change of +10 holders.
- The largest FB Financial Corp buyer in Q2 2019 was Goldman Sachs, an estimated $9.3M added.
- The largest FB Financial Corp seller in Q2 2019 was Mendon Capital Advisors, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2019.