First Community Bankshares
FCBC
76 hedge funds and large institutions have $150M invested in First Community Bankshares in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 8 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
5% more capital invested
Capital invested by funds: $143M → $150M (+$7.18M)
4% less funds holding
Funds holding: 79 → 76 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$2.99M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.78M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
+$1.06M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$868K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.93M |
| 2 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$1.18M |
| 3 |
DG
Davidson & Garrard
Lynchburg,
Virginia
|
-$394K |
| 4 |
Two Sigma Investments
New York
|
-$380K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$348K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $246 | -$2.46K | -154 | -1% |
|
|
SCA
77
Stieven Capital Advisors
St. Louis,
Missouri
| – | -$2.93M | -187,100 | Closed |
|
|
DG
78
Davidson & Garrard
Lynchburg,
Virginia
| – | -$394K | -25,145 | Closed |
|
|
79
Two Sigma Investments
New York
| – | -$380K | -24,223 | Closed |
|
80
Morgan Stanley
New York
| – | -$327K | -20,887 | Closed |
|
|
BIG
81
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$305K | -19,449 | Closed |
|
|
BGIM
82
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$229K | -14,600 | Closed |
|
83
Millennium Management
New York
| – | -$158K | -10,081 | Closed |
|
|
MFS
84
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -115 | Closed |
|
FCBC Hedge Fund Activity: Q3 2013 in Review
76 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q3 2013, worth a combined $150M — up 5% from $143M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FCBC and 5 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Bryn Mawr Capital Management Inc, adding an estimated $2.99M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $2.93M sold.
- 76 institutional investors held First Community Bankshares (FCBC) as of Q3 2013, down from 79 in Q2 2013.
- Funds reported $150M of First Community Bankshares stock for Q3 2013, up 5% quarter-over-quarter.
- 5 funds opened new First Community Bankshares positions in Q3 2013 and 8 closed out, a net change of -3 holders.
- The largest First Community Bankshares buyer in Q3 2013 was Bryn Mawr Capital Management Inc, an estimated $2.99M added.
- The largest First Community Bankshares seller in Q3 2013 was Stieven Capital Advisors, an estimated $2.93M sold.
Based on aggregated 13F filings for Q3 2013.