The First Bancshares, Inc.
FBMS
FBMS was delisted on the 31st of March, 2025.
115 hedge funds and large institutions have $481M invested in The First Bancshares, Inc. in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 20 closing their positions.
67% more call options, than puts
Call options by funds: $5K | Put options by funds: $3K
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% less funds holding
Funds holding: 121 → 115 (-6)
8% less capital invested
Capital invested by funds: $521M → $481M (-$39.7M)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$12.4M |
| 2 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$8.35M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$8.25M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.81M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$6.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.94M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.88M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.64M |
| 4 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$2.17M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SG
126
StoneX Group
New York
| – | -$227K | -7,107 | Closed |
|
|
RFC
127
Regions Financial Corp
Birmingham,
Alabama
| – | -$214K | -6,689 | Closed |
|
|
ASRS
128
Arizona State Retirement System
Phoenix,
Arizona
| – | -$206K | -6,441 | Closed |
|
|
ACM
129
Aquatic Capital Management
Chicago,
Illinois
| – | -$70K | -2,200 | Closed |
|
|
QT
130
Quantbot Technologies
New York
| – | -$30.2K | -942 | Closed |
|
|
EWA
131
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$4.87K | -152 | Closed |
|
132
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1.09K | -37 | -80% |
|
|
C
133
Covestor
London,
United Kingdom
| – | +$147 | +5 | New |
|
134
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$265 | +9 | New |
|
FBMS Hedge Fund Activity: Q1 2023 in Review
115 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in The First Bancshares, Inc. (FBMS) for Q1 2023, worth a combined $481M — down 7.6% from $521M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FBMS and 14 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 51 added.
The largest buyer was AllianceBernstein, adding an estimated $12.4M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $6.94M sold.
- 115 institutional investors held The First Bancshares, Inc. (FBMS) as of Q1 2023, down from 121 in Q4 2022.
- Funds reported $481M of The First Bancshares, Inc. stock for Q1 2023, down 7.6% quarter-over-quarter.
- 14 funds opened new The First Bancshares, Inc. positions in Q1 2023 and 20 closed out, a net change of -6 holders.
- The largest The First Bancshares, Inc. buyer in Q1 2023 was AllianceBernstein, an estimated $12.4M added.
- The largest The First Bancshares, Inc. seller in Q1 2023 was Basswood Capital Management, an estimated $6.94M sold.
Based on aggregated 13F filings for Q1 2023.