First Community Bankshares
FCBC
92 hedge funds and large institutions have $194M invested in First Community Bankshares in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
27% more capital invested
Capital invested by funds: $153M → $194M (+$41.3M)
0% more funds holding
Funds holding: 92 → 92 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
3.65% less ownership
Funds ownership: 37.59% → 33.94% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
+$3.03M |
| 2 |
BlackRock
New York
|
+$2.47M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.87M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.44M |
| 5 |
Millennium Management
New York
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$943K |
| 2 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$559K |
| 3 |
Two Sigma Investments
New York
|
-$340K |
| 4 |
Renaissance Technologies
New York
|
-$234K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$220K |
FCBC Hedge Fund Activity: Q2 2023 in Review
92 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q2 2023, worth a combined $194M — up 27% from $153M a quarter earlier.
Fund positioning in FCBC was balanced in Q2 2023: 8 funds opened new positions, 8 closed out, 37 added to existing stakes and 26 trimmed.
The largest buyer was Siena Capital Partners, adding an estimated $3.03M. The largest seller was Dimensional Fund Advisors, cutting an estimated $943K.
- 92 institutional investors held First Community Bankshares (FCBC) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $194M of First Community Bankshares stock for Q2 2023, up 27% quarter-over-quarter.
- 8 funds opened new First Community Bankshares positions in Q2 2023 and 8 closed out, a net change of 0 holders.
- The largest First Community Bankshares buyer in Q2 2023 was Siena Capital Partners, an estimated $3.03M added.
- The largest First Community Bankshares seller in Q2 2023 was Dimensional Fund Advisors, an estimated $943K sold.
Based on aggregated 13F filings for Q2 2023.