First Community Bankshares
FCBC
80 hedge funds and large institutions have $131M invested in First Community Bankshares in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
5% more funds holding
Funds holding: 76 → 80 (+4)
13% less capital invested
Capital invested by funds: $150M → $131M (-$19.1M)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$842K |
| 2 |
Two Sigma Investments
New York
|
+$658K |
| 3 |
Renaissance Technologies
New York
|
+$651K |
| 4 |
Morgan Stanley
New York
|
+$499K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.5M |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$6.52M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.2M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$709K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | -$44.1K | -2,618 | -92% |
|
77
Ameriprise
Minneapolis,
Minnesota
| $4K | -$18.8K | -1,117 | -84% |
|
|
MFS
78
MSI Financial Services
Springfield,
Massachusetts
| $2K | +$1.94K | +115 | New |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $267 | +$15K | +891 | +6% |
|
|
CIC
80
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$390K | -23,830 | Closed |
|
81
ProShare Advisors
Bethesda,
Maryland
| – | -$186K | -11,378 | Closed |
|
|
CCMH
82
Cornerstone Capital Management Holdings
New York
| – | -$59.2K | -3,515 | -100% |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$29K | -1,777 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -176 | Closed |
|
FCBC Hedge Fund Activity: Q4 2013 in Review
80 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q4 2013, worth a combined $131M — down 13% from $150M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FCBC positions and 4 closed out — a net gain of 5 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $842K. The largest seller was Wellington Management Group, cutting an estimated $14.5M.
- 80 institutional investors held First Community Bankshares (FCBC) as of Q4 2013, up from 76 in Q3 2013.
- Funds reported $131M of First Community Bankshares stock for Q4 2013, down 13% quarter-over-quarter.
- 9 funds opened new First Community Bankshares positions in Q4 2013 and 4 closed out, a net change of +5 holders.
- The largest First Community Bankshares buyer in Q4 2013 was Bridgeway Capital Management, an estimated $842K added.
- The largest First Community Bankshares seller in Q4 2013 was Wellington Management Group, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2013.