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First Guaranty Bancshares
FGBI

38 hedge funds and large institutions have $13.3M invested in First Guaranty Bancshares in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.03% less ownership

Funds ownership: 13.26% → 12.23% (-1%)

5% less funds holding

Funds holding: 40 → 38 (-2)

21% less capital invested

Capital invested by funds: $17M → $13.3M (-$3.65M)

27% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 15

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
38
Holders Change
-2
Holders Change %
-5%
% of All Funds
0.78%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
11
Reduced
15
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
+$254K
2
Millennium Management
Millennium Management
New York
+$174K
3
State Street
State Street
Massachusetts
+$59.6K
4
Bank of America
Bank of America
North Carolina
+$54.7K
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$53.1K

Top Sellers

Rank Fund Capital Flow
1
Federated Hermes
Federated Hermes
Pennsylvania
-$633K
2
BFC
Banc Funds Company
Illinois
-$515K
3
BlackRock
BlackRock
New York
-$292K
4
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
-$153K
5
JP Morgan Chase
JP Morgan Chase
New York
-$59.2K
Name Holding Trade Value Shares
Change 		Change in
Stake
TRCT
26
Tower Research Capital (TRC)
New York
$18K +$18.8K +1,613 New
Morgan Stanley
27
Morgan Stanley
New York
$14K +$9.37K +804 +183%
Northwestern Mutual Wealth Management
28
Northwestern Mutual Wealth Management
Wisconsin
$10K – – –
Legal & General Group
29
Legal & General Group
United Kingdom
$8K – – –
SO
30
STRS Ohio
Ohio
$8K – – –
Citigroup
31
Citigroup
New York
$7K -$11.5K -983 -61%
AIP
32
Ameritas Investment Partners
Nebraska
$5K – – –
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$3K +$3.35K +287 New
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$2.56K -$18.1K -1,550 -87%
MAM
35
Meeder Asset Management
Ohio
$2K -$2.3K -197 -48%
Osaic Holdings
36
Osaic Holdings
Arizona
$2K – – –
Canada Life
37
Canada Life
Manitoba, Canada
$1K -$93 -8 -6%
BFC
38
Banc Funds Company
Illinois
– -$515K -39,229 Closed
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
– -$153K -11,648 Closed
Acadian Asset Management
40
Acadian Asset Management
Massachusetts
– -$54K -4,082 Closed
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
– -$15K -1,185 Closed
1
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FGBI Hedge Fund Activity: Q2 2020 in Review

38 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2020, worth a combined $13.3M — down 21% from $17M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FGBI and 3 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 11 added.

The largest buyer was Northern Trust, adding an estimated $254K. The largest seller was Federated Hermes, cutting an estimated $633K.

  • 38 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2020, down from 40 in Q1 2020.
  • Funds reported $13.3M of First Guaranty Bancshares stock for Q2 2020, down 21% quarter-over-quarter.
  • 3 funds opened new First Guaranty Bancshares positions in Q2 2020 and 5 closed out, a net change of -2 holders.
  • The largest First Guaranty Bancshares buyer in Q2 2020 was Northern Trust, an estimated $254K added.
  • The largest First Guaranty Bancshares seller in Q2 2020 was Federated Hermes, an estimated $633K sold.

Based on aggregated 13F filings for Q2 2020.