FB Financial Corp
159 hedge funds and large institutions have $919M invested in FB Financial Corp in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 66 reducing their positions, and 21 closing their positions.
19,787% more call options, than puts
Call options by funds: $2.98M | Put options by funds: $15K
3.07% more ownership
Funds ownership: 60.38% → 63.45% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 168 → 159 (-9)
10% less capital invested
Capital invested by funds: $1.02B → $919M (-$105M)
26% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 66
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.56M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.01M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.32M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.29M |
| 5 |
Morgan Stanley
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$12M |
| 2 |
BlackRock
New York
|
-$7.66M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.22M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$1.99M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.38M |
FBK Hedge Fund Activity: Q1 2023 in Review
159 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in FB Financial Corp (FBK) for Q1 2023, worth a combined $919M — down 10% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FBK and 14 opened new positions — a net loss of 7 holders — while 66 trimmed existing stakes and 49 added.
The largest buyer was Millennium Management, adding an estimated $5.56M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $12M.
- 159 institutional investors held FB Financial Corp (FBK) as of Q1 2023, down from 168 in Q4 2022.
- Funds reported $919M of FB Financial Corp stock for Q1 2023, down 10% quarter-over-quarter.
- 14 funds opened new FB Financial Corp positions in Q1 2023 and 21 closed out, a net change of -7 holders.
- The largest FB Financial Corp buyer in Q1 2023 was Millennium Management, an estimated $5.56M added.
- The largest FB Financial Corp seller in Q1 2023 was T. Rowe Price Investment Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2023.