FB Financial Corp
107 hedge funds and large institutions have $448M invested in FB Financial Corp in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 26 reducing their positions, and 18 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 26
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more capital invested
Capital invested by funds: $343M → $448M (+$105M)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more funds holding
Funds holding: 105 → 107 (+2)
0.43% more ownership
Funds ownership: 55.99% → 56.42% (+0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.13M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$4.08M |
| 3 |
Millennium Management
New York
|
+$3.6M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$2.46M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$8.79M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.19M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$1.88M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$1.29M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$966K |
FBK Hedge Fund Activity: Q2 2020 in Review
107 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q2 2020, worth a combined $448M — up 31% from $343M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FBK positions and 18 closed out — a net gain of 3 holders — while 52 added to existing stakes and 26 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $5.13M. The largest seller was Mendon Capital Advisors, cutting an estimated $8.79M.
- 107 institutional investors held FB Financial Corp (FBK) as of Q2 2020, up from 105 in Q1 2020.
- Funds reported $448M of FB Financial Corp stock for Q2 2020, up 31% quarter-over-quarter.
- 21 funds opened new FB Financial Corp positions in Q2 2020 and 18 closed out, a net change of +3 holders.
- The largest FB Financial Corp buyer in Q2 2020 was T. Rowe Price Associates, an estimated $5.13M added.
- The largest FB Financial Corp seller in Q2 2020 was Mendon Capital Advisors, an estimated $8.79M sold.
Based on aggregated 13F filings for Q2 2020.