The First Bancshares, Inc.
FBMS
FBMS was delisted on the 31st of March, 2025.
151 hedge funds and large institutions have $702M invested in The First Bancshares, Inc. in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 17 closing their positions.
147% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 17
25% more capital invested
Capital invested by funds: $562M → $702M (+$140M)
18% more funds holding
Funds holding: 128 → 151 (+23)
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$22.8M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$19.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$18M |
| 4 |
Citigroup
New York
|
+$18M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
-$35.3M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$34.3M |
| 3 |
RA
Royce & Associates
New York
|
-$22.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.57M |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$4.55M |
FBMS Hedge Fund Activity: Q3 2024 in Review
151 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in The First Bancshares, Inc. (FBMS) for Q3 2024, worth a combined $702M — up 25% from $562M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FBMS positions and 17 closed out — a net gain of 25 holders — while 36 added to existing stakes and 42 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $22.8M. The largest seller was North Reef Capital Management, exiting entirely with an estimated $35.3M sold.
- 151 institutional investors held The First Bancshares, Inc. (FBMS) as of Q3 2024, up from 128 in Q2 2024.
- Funds reported $702M of The First Bancshares, Inc. stock for Q3 2024, up 25% quarter-over-quarter.
- 42 funds opened new The First Bancshares, Inc. positions in Q3 2024 and 17 closed out, a net change of +25 holders.
- The largest The First Bancshares, Inc. buyer in Q3 2024 was Magnetar Financial, an estimated $22.8M added.
- The largest The First Bancshares, Inc. seller in Q3 2024 was North Reef Capital Management, an estimated $35.3M sold.
Based on aggregated 13F filings for Q3 2024.