FB Financial Corp
111 hedge funds and large institutions have $657M invested in FB Financial Corp in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 21 reducing their positions, and 11 closing their positions.
148% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 21
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
33% more capital invested
Capital invested by funds: $494M → $657M (+$163M)
12.85% more ownership
Funds ownership: 39.72% → 52.56% (+13%)
10% more funds holding
Funds holding: 101 → 111 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$30.5M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$23.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.8M |
| 4 |
Goldman Sachs
New York
|
+$17.4M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$5.35M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.73M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.72M |
| 4 |
Millennium Management
New York
|
-$1.55M |
| 5 |
State Street
Boston,
Massachusetts
|
-$969K |
FBK Hedge Fund Activity: Q2 2018 in Review
111 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2018, worth a combined $657M — up 33% from $494M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FBK positions and 11 closed out — a net gain of 10 holders — while 52 added to existing stakes and 21 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $30.5M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $5.35M sold.
- 111 institutional investors held FB Financial Corp (FBK) as of Q2 2018, up from 101 in Q1 2018.
- Funds reported $657M of FB Financial Corp stock for Q2 2018, up 33% quarter-over-quarter.
- 21 funds opened new FB Financial Corp positions in Q2 2018 and 11 closed out, a net change of +10 holders.
- The largest FB Financial Corp buyer in Q2 2018 was Mendon Capital Advisors, an estimated $30.5M added.
- The largest FB Financial Corp seller in Q2 2018 was Emerald Mutual Fund Advisers Trust, an estimated $5.35M sold.
Based on aggregated 13F filings for Q2 2018.