First Guaranty Bancshares
FGBI
36 hedge funds and large institutions have $20.5M invested in First Guaranty Bancshares in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.02% more ownership
Funds ownership: 13.73% → 13.76% (+0.02%)
5% less funds holding
Funds holding: 38 → 36 (-2)
11% less capital invested
Capital invested by funds: $23.1M → $20.5M (-$2.62M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$120K |
| 2 |
SG Americas Securities
New York
|
+$116K |
| 3 |
Renaissance Technologies
New York
|
+$85.5K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$45.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$226K |
| 2 |
Morgan Stanley
New York
|
-$199K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$33.8K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$23.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $21K | +$16.8K | +951 | +330% |
|
27
Legal & General Group
London,
United Kingdom
| $18K | – | – | – |
|
|
28
Morgan Stanley
New York
| $16K | -$199K | -11,269 | -92% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $15K | – | – | – |
|
30
Acadian Asset Management
Boston,
Massachusetts
| $14K | – | – | – |
|
|
SO
31
STRS Ohio
Columbus,
Ohio
| $12K | – | – | – |
|
|
32
Bessemer Group
Woodbridge,
New Jersey
| $10K | -$23.5K | -1,331 | -69% |
|
|
AIP
33
Ameritas Investment Partners
Lincoln,
Nebraska
| $8K | – | – | – |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$1.76K | +100 | +185% |
|
|
AG
35
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
36
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
|
TCIM
37
TIAA CREF Investment Management
New York
| – | -$226K | -11,760 | Closed |
|
38
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -82 | Closed |
|
FGBI Hedge Fund Activity: Q1 2019 in Review
36 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2019, worth a combined $20.5M — down 11% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGBI and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was BlackRock, adding an estimated $120K. The largest seller was TIAA CREF Investment Management, exiting entirely with an estimated $226K sold.
- 36 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2019, down from 38 in Q4 2018.
- Funds reported $20.5M of First Guaranty Bancshares stock for Q1 2019, down 11% quarter-over-quarter.
- 1 fund opened new First Guaranty Bancshares positions in Q1 2019 and 3 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q1 2019 was BlackRock, an estimated $120K added.
- The largest First Guaranty Bancshares seller in Q1 2019 was TIAA CREF Investment Management, an estimated $226K sold.
Based on aggregated 13F filings for Q1 2019.