The First Bancshares, Inc.
FBMS
FBMS was delisted on the 31st of March, 2025.
108 hedge funds and large institutions have $490M invested in The First Bancshares, Inc. in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 16 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
2% more capital invested
Capital invested by funds: $481M → $490M (+$8.21M)
6% less funds holding
Funds holding: 115 → 108 (-7)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$6.54M |
| 2 |
BlackRock
New York
|
+$5.47M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.66M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.62M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.38M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.33M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.17M |
FBMS Hedge Fund Activity: Q2 2023 in Review
108 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in The First Bancshares, Inc. (FBMS) for Q2 2023, worth a combined $490M — up 1.7% from $481M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FBMS and 9 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 42 added.
The largest buyer was North Reef Capital Management, adding an estimated $6.54M. The largest seller was Royce & Associates, cutting an estimated $6.38M.
- 108 institutional investors held The First Bancshares, Inc. (FBMS) as of Q2 2023, down from 115 in Q1 2023.
- Funds reported $490M of The First Bancshares, Inc. stock for Q2 2023, up 1.7% quarter-over-quarter.
- 9 funds opened new The First Bancshares, Inc. positions in Q2 2023 and 16 closed out, a net change of -7 holders.
- The largest The First Bancshares, Inc. buyer in Q2 2023 was North Reef Capital Management, an estimated $6.54M added.
- The largest The First Bancshares, Inc. seller in Q2 2023 was Royce & Associates, an estimated $6.38M sold.
Based on aggregated 13F filings for Q2 2023.