FB Financial Corp
79 hedge funds and large institutions have $407M invested in FB Financial Corp in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 15 reducing their positions, and 12 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 15
17% more capital invested
Capital invested by funds: $349M → $407M (+$58.2M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3% more funds holding
Funds holding: 77 → 79 (+2)
1.81% more ownership
Funds ownership: 33.57% → 35.38% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$16.1M |
| 2 |
BlackRock
New York
|
+$11M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$9.72M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.84M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$16.3M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$9.63M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.29M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$4.08M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$3.71M |
FBK Hedge Fund Activity: Q3 2017 in Review
79 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q3 2017, worth a combined $407M — up 17% from $349M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FBK positions and 12 closed out — a net gain of 2 holders — while 40 added to existing stakes and 15 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $16.1M. The largest seller was EJF Capital, exiting entirely with an estimated $16.3M sold.
- 79 institutional investors held FB Financial Corp (FBK) as of Q3 2017, up from 77 in Q2 2017.
- Funds reported $407M of FB Financial Corp stock for Q3 2017, up 17% quarter-over-quarter.
- 14 funds opened new FB Financial Corp positions in Q3 2017 and 12 closed out, a net change of +2 holders.
- The largest FB Financial Corp buyer in Q3 2017 was Curi RMB Capital, an estimated $16.1M added.
- The largest FB Financial Corp seller in Q3 2017 was EJF Capital, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2017.