First Community Bankshares
FCBC
100 hedge funds and large institutions have $224M invested in First Community Bankshares in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 8 closing their positions.
0.15% more ownership
Funds ownership: 34.88% → 35.03% (+0.15%)
2% less funds holding
Funds holding: 102 → 100 (-2)
7% less capital invested
Capital invested by funds: $240M → $224M (-$16M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
40% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.47M |
| 2 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$758K |
| 3 |
JP Morgan Chase
New York
|
+$447K |
| 4 |
Squarepoint
New York
|
+$309K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.77M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.03M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$447K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$425K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$408K |
FCBC Hedge Fund Activity: Q1 2024 in Review
100 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Community Bankshares (FCBC) for Q1 2024, worth a combined $224M — down 6.7% from $240M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FCBC and 6 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 24 added.
The largest buyer was Vanguard Group, adding an estimated $3.47M. The largest seller was BlackRock, cutting an estimated $1.77M.
- 100 institutional investors held First Community Bankshares (FCBC) as of Q1 2024, down from 102 in Q4 2023.
- Funds reported $224M of First Community Bankshares stock for Q1 2024, down 6.7% quarter-over-quarter.
- 6 funds opened new First Community Bankshares positions in Q1 2024 and 8 closed out, a net change of -2 holders.
- The largest First Community Bankshares buyer in Q1 2024 was Vanguard Group, an estimated $3.47M added.
- The largest First Community Bankshares seller in Q1 2024 was BlackRock, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2024.