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First Community Bankshares

92 hedge funds and large institutions have $153M invested in First Community Bankshares in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 28

0.17% less ownership

Funds ownership: 37.76%37.59% (-0.17%)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

1% less funds holding

Funds holding: 9392 (-1)

12% less capital invested

Capital invested by funds: $173M → $153M (-$20.5M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $12K

Holders
92
Holders Change
-1
Holders Change %
-1.08%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
28
Reduced
28
Closed
11
Calls
Puts
$12K
Net Calls
-$12K
Net Calls Change
-$12K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$36.7M -$1.18M -38,351 -3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$25.5M +$28.7K +932 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$19.1M +$516K +16,759 +2%
SFM
4
Systematic Financial Management
New Jersey
$16M -$28.1K -914 -0.1%
State Street
5
State Street
Massachusetts
$9.19M +$275K +8,947 +3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$7.16M +$259K +8,419 +3%
Northern Trust
7
Northern Trust
Illinois
$4.29M -$139K -4,505 -3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$3.12M -$90.2K -2,931 -2%
Morgan Stanley
9
Morgan Stanley
New York
$2.82M -$809K -26,302 -19%
Charles Schwab
10
Charles Schwab
California
$2.74M -$5.29K -172 -0.2%
Renaissance Technologies
11
Renaissance Technologies
New York
$2.41M -$151K -4,900 -5%
N
12
Nuveen
North Carolina
$1.24M -$151K -4,912 -9%
SSWM
13
Sheets Smith Wealth Management
North Carolina
$1.08M
DC
14
Davenport & Co
Virginia
$1.01M +$123 +4 +0%
SFG
15
Summit Financial Group
West Virginia
$926K -$40.3K -1,310 -3%
American Century Companies
16
American Century Companies
Missouri
$923K +$9.08K +295 +0.8%
HSBC Holdings
17
HSBC Holdings
United Kingdom
$916K
Los Angeles Capital Management
18
Los Angeles Capital Management
California
$878K -$20.2K -655 -2%
Swiss National Bank
19
Swiss National Bank
Switzerland
$789K -$129K -4,200 -12%
Goldman Sachs
20
Goldman Sachs
New York
$734K +$5.48K +178 +0.6%
Millennium Management
21
Millennium Management
New York
$645K +$793K +25,765 New
RhumbLine Advisers
22
RhumbLine Advisers
Massachusetts
$632K +$11.7K +380 +2%
Invesco
23
Invesco
Georgia
$595K -$253K -8,216 -26%
BCI
24
Brinker Capital Investments
Pennsylvania
$562K -$3.66K -119 -0.5%
OPS
25
Orion Portfolio Solutions
Nebraska
$562K +$690K +22,416 New

FCBC Hedge Fund Activity: Q1 2023 in Review

92 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q1 2023, worth a combined $153M — down 12% from $173M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FCBC and 10 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 28 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $793K. The largest seller was BlackRock, cutting an estimated $1.18M.

  • 92 institutional investors held First Community Bankshares (FCBC) as of Q1 2023, down from 93 in Q4 2022.
  • Funds reported $153M of First Community Bankshares stock for Q1 2023, down 12% quarter-over-quarter.
  • 10 funds opened new First Community Bankshares positions in Q1 2023 and 11 closed out, a net change of -1 holder.
  • The largest First Community Bankshares buyer in Q1 2023 was Millennium Management, an estimated $793K added.
  • The largest First Community Bankshares seller in Q1 2023 was BlackRock, an estimated $1.18M sold.

Based on aggregated 13F filings for Q1 2023.