First Guaranty Bancshares
FGBI
33 hedge funds and large institutions have $22.1M invested in First Guaranty Bancshares in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 3 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $20.4M → $22.1M (+$1.62M)
0.23% more ownership
Funds ownership: 13.48% → 13.71% (+0.23%)
8% less funds holding
Funds holding: 36 → 33 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$298K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$280K |
| 3 |
Renaissance Technologies
New York
|
+$141K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$114K |
| 5 |
Morgan Stanley
New York
|
+$48.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$385K |
| 2 |
SG Americas Securities
New York
|
-$125K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$41.8K |
| 4 |
Bank of New York Mellon
New York
|
-$17.5K |
| 5 |
Barclays
London,
United Kingdom
|
-$16.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Legal & General Group
London,
United Kingdom
| $19K | – | – | – |
|
27
BNP Paribas Financial Markets
Paris,
France
| $17.5K | +$256 | +15 | +2% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $16K | – | – | – |
|
29
Citigroup
New York
| $15K | -$11.1K | -649 | -45% |
|
|
SO
30
STRS Ohio
Columbus,
Ohio
| $13K | – | – | – |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | +$478 | +28 | +6% |
|
|
AIP
32
Ameritas Investment Partners
Lincoln,
Nebraska
| $8K | – | – | – |
|
|
33
SG Americas Securities
New York
| – | -$125K | -7,233 | Closed |
|
34
Twin Tree Management
Dallas,
Texas
| – | -$6K | -374 | Closed |
|
35
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -62 | Closed |
|
FGBI Hedge Fund Activity: Q3 2019 in Review
33 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2019, worth a combined $22.1M — up 7.9% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGBI and 0 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was BlackRock, adding an estimated $298K. The largest seller was Banc Funds Company, cutting an estimated $385K.
- 33 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2019, down from 36 in Q2 2019.
- Funds reported $22.1M of First Guaranty Bancshares stock for Q3 2019, up 7.9% quarter-over-quarter.
- 0 funds opened new First Guaranty Bancshares positions in Q3 2019 and 3 closed out, a net change of -3 holders.
- The largest First Guaranty Bancshares buyer in Q3 2019 was BlackRock, an estimated $298K added.
- The largest First Guaranty Bancshares seller in Q3 2019 was Banc Funds Company, an estimated $385K sold.
Based on aggregated 13F filings for Q3 2019.