First Guaranty Bancshares
FGBI
32 hedge funds and large institutions have $16.2M invested in First Guaranty Bancshares in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0.6% less ownership
Funds ownership: 9.75% → 9.14% (-0.6%)
3% less capital invested
Capital invested by funds: $16.8M → $16.2M (-$563K)
6% less funds holding
Funds holding: 34 → 32 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$213K |
| 2 |
State Street
Boston,
Massachusetts
|
+$207K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$197K |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$74.7K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$70.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$707K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$318K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$212K |
| 4 |
Renaissance Technologies
New York
|
-$125K |
| 5 |
Millennium Management
New York
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Optiver Holding
Amsterdam,
Netherlands
| $6K | – | – | – |
|
27
BNP Paribas Financial Markets
Paris,
France
| $2.73K | -$8.73K | -500 | -77% |
|
28
Bank of America
Charlotte,
North Carolina
| $1K | -$14.5K | -831 | -93% |
|
29
Wells Fargo
San Francisco,
California
| $1K | -$17 | -1 | -3% |
|
30
Rockefeller Capital Management
New York
| $1K | – | – | – |
|
31
JP Morgan Chase
New York
| $1K | +$506 | +29 | +116% |
|
|
KCM
32
Kennedy Capital Management
St Louis,
Missouri
| – | -$707K | -39,915 | Closed |
|
|
FL
33
Fourthstone LLC
St Louis,
Missouri
| – | -$318K | -18,229 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$30K | -1,691 | Closed |
|
35
New York State Common Retirement Fund
Albany,
New York
| – | -$1K | -31 | Closed |
|
FGBI Hedge Fund Activity: Q3 2021 in Review
32 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2021, worth a combined $16.2M — down 3.3% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGBI and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 5 added.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $213K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $707K sold.
- 32 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2021, down from 34 in Q2 2021.
- Funds reported $16.2M of First Guaranty Bancshares stock for Q3 2021, down 3.3% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q3 2021 and 4 closed out, a net change of -1 holder.
- The largest First Guaranty Bancshares buyer in Q3 2021 was Jacobs Levy Equity Management, an estimated $213K added.
- The largest First Guaranty Bancshares seller in Q3 2021 was Kennedy Capital Management, an estimated $707K sold.
Based on aggregated 13F filings for Q3 2021.