First Community Bankshares
FCBC
92 hedge funds and large institutions have $168M invested in First Community Bankshares in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 23 reducing their positions, and 12 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 23
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 91 → 92 (+1)
3.09% less ownership
Funds ownership: 43.86% → 40.76% (-3.1%)
21% less capital invested
Capital invested by funds: $212M → $168M (-$43.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.05M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.39M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.23M |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.59M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.58M |
| 3 |
Millennium Management
New York
|
-$1.41M |
| 4 |
Morgan Stanley
New York
|
-$1.14M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$865K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
101
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$28K | -904 | Closed |
|
102
Lazard Asset Management
New York
| – | -$11K | -367 | Closed |
|
103
Fidelity Investments
Boston,
Massachusetts
| – | -$3K | -100 | Closed |
|
|
TWA
104
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -24 | Closed |
|
FCBC Hedge Fund Activity: Q1 2020 in Review
92 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q1 2020, worth a combined $168M — down 21% from $212M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FCBC positions and 12 closed out — a net gain of 2 holders — while 39 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $9.05M. The largest seller was Dimensional Fund Advisors, cutting an estimated $1.59M.
- 92 institutional investors held First Community Bankshares (FCBC) as of Q1 2020, up from 91 in Q4 2019.
- Funds reported $168M of First Community Bankshares stock for Q1 2020, down 21% quarter-over-quarter.
- 14 funds opened new First Community Bankshares positions in Q1 2020 and 12 closed out, a net change of +2 holders.
- The largest First Community Bankshares buyer in Q1 2020 was BlackRock, an estimated $9.05M added.
- The largest First Community Bankshares seller in Q1 2020 was Dimensional Fund Advisors, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2020.