FB Financial Corp
FBK
167 hedge funds and large institutions have $838M invested in FB Financial Corp in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 59 reducing their positions, and 16 closing their positions.
38,317% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $6K
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
5% more funds holding
Funds holding: 159 → 167 (+8)
0.42% more ownership
Funds ownership: 63.45% → 63.87% (+0.42%)
5% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 59
9% less capital invested
Capital invested by funds: $919M → $838M (-$81.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.13M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$4.69M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.19M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.03M |
| 5 |
1SAMC
12th Street Asset Management Company
Nashville,
Tennessee
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$4.9M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.14M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.56M |
| 4 |
Millennium Management
New York
|
-$3.49M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
176
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.58K | -51 | Closed |
|
|
BAM
177
Belpointe Asset Management
Reno,
Nevada
| – | -$1.4K | -45 | Closed |
|
178
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -20 | Closed |
|
|
SC
179
Schubert & Co
Mckinney,
Texas
| – | -$498 | -16 | Closed |
|
|
BAAM
180
Baker Avenue Asset Management
San Francisco,
California
| – | -$466 | -15 | Closed |
|
|
TWA
181
TCI Wealth Advisors
Tucson,
Arizona
| – | -$32 | -1 | Closed |
|
FBK Hedge Fund Activity: Q2 2023 in Review
167 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2023, worth a combined $838M — down 8.8% from $919M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FBK positions and 16 closed out — a net gain of 9 holders — while 56 added to existing stakes and 59 trimmed.
The largest buyer was Bank of America, adding an estimated $5.13M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $4.9M.
- 167 institutional investors held FB Financial Corp (FBK) as of Q2 2023, up from 159 in Q1 2023.
- Funds reported $838M of FB Financial Corp stock for Q2 2023, down 8.8% quarter-over-quarter.
- 25 funds opened new FB Financial Corp positions in Q2 2023 and 16 closed out, a net change of +9 holders.
- The largest FB Financial Corp buyer in Q2 2023 was Bank of America, an estimated $5.13M added.
- The largest FB Financial Corp seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $4.9M sold.
Based on aggregated 13F filings for Q2 2023.