First Community Bankshares
FCBC
85 hedge funds and large institutions have $161M invested in First Community Bankshares in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 12 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
0.31% less ownership
Funds ownership: 40.76% → 40.45% (-0.31%)
4% less capital invested
Capital invested by funds: $168M → $161M (-$7.3M)
8% less funds holding
Funds holding: 92 → 85 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.23M |
| 2 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$637K |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
+$553K |
| 4 |
BlackRock
New York
|
+$547K |
| 5 |
State Street
Boston,
Massachusetts
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.17M |
| 2 |
Millennium Management
New York
|
-$838K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$699K |
| 4 |
First Manhattan
New York
|
-$647K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$591K |
FCBC Hedge Fund Activity: Q2 2020 in Review
85 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q2 2020, worth a combined $161M — down 4.3% from $168M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCBC and 5 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 34 added.
The largest buyer was Northern Trust, adding an estimated $1.23M. The largest seller was Systematic Financial Management, cutting an estimated $1.17M.
- 85 institutional investors held First Community Bankshares (FCBC) as of Q2 2020, down from 92 in Q1 2020.
- Funds reported $161M of First Community Bankshares stock for Q2 2020, down 4.3% quarter-over-quarter.
- 5 funds opened new First Community Bankshares positions in Q2 2020 and 12 closed out, a net change of -7 holders.
- The largest First Community Bankshares buyer in Q2 2020 was Northern Trust, an estimated $1.23M added.
- The largest First Community Bankshares seller in Q2 2020 was Systematic Financial Management, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2020.