First Guaranty Bancshares
FGBI
38 hedge funds and large institutions have $23.1M invested in First Guaranty Bancshares in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 4 closing their positions.
2.74% less ownership
Funds ownership: 16.47% → 13.73% (-2.7%)
10% less funds holding
Funds holding: 42 → 38 (-4)
25% less capital invested
Capital invested by funds: $30.8M → $23.1M (-$7.66M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$189K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$69.2K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$44.5K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$27.7K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.76M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$667K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$318K |
| 4 |
TA
Teachers Advisors
New York
|
-$213K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $30K | -$753 | -41 | -3% |
|
27
Legal & General Group
London,
United Kingdom
| $20K | +$6.62K | +360 | +51% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $17K | – | – | – |
|
29
Acadian Asset Management
Boston,
Massachusetts
| $16K | -$14.8K | -807 | -50% |
|
|
SO
30
STRS Ohio
Columbus,
Ohio
| $13K | – | – | – |
|
|
AIP
31
Ameritas Investment Partners
Lincoln,
Nebraska
| $9K | – | – | – |
|
32
BNP Paribas Financial Markets
Paris,
France
| $5.52K | +$1.27K | +69 | +32% |
|
33
Barclays
London,
United Kingdom
| $5K | -$45.4K | -2,471 | -91% |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
35
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$772 | +42 | +105% |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$165 | -9 | -14% |
|
37
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$110 | -6 | -10% |
|
|
KCM
38
Kennedy Capital Management
St Louis,
Missouri
| – | -$3.76M | -177,028 | Closed |
|
|
TA
39
Teachers Advisors
New York
| – | -$213K | -10,041 | Closed |
|
|
PAM
40
Panagora Asset Management
Boston,
Massachusetts
| – | -$18K | -863 | Closed |
|
FGBI Hedge Fund Activity: Q4 2018 in Review
38 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q4 2018, worth a combined $23.1M — down 25% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGBI and 0 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was BlackRock, adding an estimated $189K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $3.76M sold.
- 38 institutional investors held First Guaranty Bancshares (FGBI) as of Q4 2018, down from 42 in Q3 2018.
- Funds reported $23.1M of First Guaranty Bancshares stock for Q4 2018, down 25% quarter-over-quarter.
- 0 funds opened new First Guaranty Bancshares positions in Q4 2018 and 4 closed out, a net change of -4 holders.
- The largest First Guaranty Bancshares buyer in Q4 2018 was BlackRock, an estimated $189K added.
- The largest First Guaranty Bancshares seller in Q4 2018 was Kennedy Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2018.