First Guaranty Bancshares
FGBI
40 hedge funds and large institutions have $17M invested in First Guaranty Bancshares in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0.16% less ownership
Funds ownership: 13.43% → 13.26% (-0.16%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
5% less funds holding
Funds holding: 42 → 40 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
34% less capital invested
Capital invested by funds: $25.9M → $17M (-$8.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$194K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$121K |
| 3 |
BlackRock
New York
|
+$79.3K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$73.3K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$65.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$174K |
| 2 |
ACM
Allred Capital Management
Dallas,
Texas
|
-$173K |
| 3 |
Morgan Stanley
New York
|
-$119K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$110K |
| 5 |
AA
Argent Advisors
Monroe,
Louisiana
|
-$94K |
FGBI Hedge Fund Activity: Q1 2020 in Review
40 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2020, worth a combined $17M — down 34% from $25.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGBI and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 13 added.
The largest buyer was RhumbLine Advisers, opening a new position worth an estimated $194K. The largest seller was Federated Hermes, cutting an estimated $174K.
- 40 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2020, down from 42 in Q4 2019.
- Funds reported $17M of First Guaranty Bancshares stock for Q1 2020, down 34% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest First Guaranty Bancshares buyer in Q1 2020 was RhumbLine Advisers, an estimated $194K added.
- The largest First Guaranty Bancshares seller in Q1 2020 was Federated Hermes, an estimated $174K sold.
Based on aggregated 13F filings for Q1 2020.