First Guaranty Bancshares
FGBI
36 hedge funds and large institutions have $12.6M invested in First Guaranty Bancshares in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 3 closing their positions.
0.53% less ownership
Funds ownership: 12.23% → 11.7% (-0.53%)
5% less funds holding
Funds holding: 38 → 36 (-2)
5% less capital invested
Capital invested by funds: $13.3M → $12.6M (-$718K)
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$37.8K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$25.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$21.1K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$20.1K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$166K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$151K |
| 3 |
Renaissance Technologies
New York
|
-$145K |
| 4 |
State Street
Boston,
Massachusetts
|
-$92.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$47.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
BNP Paribas Financial Markets
Paris,
France
| $12.5K | +$10.4K | +902 | +392% |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $10K | – | – | – |
|
|
SO
28
STRS Ohio
Columbus,
Ohio
| $7K | – | – | – |
|
|
AIP
29
Ameritas Investment Partners
Lincoln,
Nebraska
| $5K | – | – | – |
|
30
Legal & General Group
London,
United Kingdom
| $4K | -$4.76K | -413 | -55% |
|
31
Morgan Stanley
New York
| $3K | -$10.9K | -950 | -76% |
|
32
Citigroup
New York
| $2K | -$4.99K | -433 | -69% |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | -$1.19K | -103 | -36% |
|
34
Osaic Holdings
Scottsdale,
Arizona
| $2K | – | – | – |
|
|
35
Millennium Management
New York
| – | -$166K | -14,920 | Closed |
|
|
MAM
36
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -216 | Closed |
|
37
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -125 | Closed |
|
|
OSAM
38
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$357 | +31 | New |
|
FGBI Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2020, worth a combined $12.6M — down 5.4% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGBI and 1 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 7 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $37.8K. The largest seller was Millennium Management, exiting entirely with an estimated $166K sold.
- 36 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2020, down from 38 in Q2 2020.
- Funds reported $12.6M of First Guaranty Bancshares stock for Q3 2020, down 5.4% quarter-over-quarter.
- 1 fund opened new First Guaranty Bancshares positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $37.8K added.
- The largest First Guaranty Bancshares seller in Q3 2020 was Millennium Management, an estimated $166K sold.
Based on aggregated 13F filings for Q3 2020.