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First Guaranty Bancshares

43 hedge funds and large institutions have $9.71M invested in First Guaranty Bancshares in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 4443 (-1)

3.11% less ownership

Funds ownership: 11.16%8.05% (-3.1%)

48% less capital invested

Capital invested by funds: $18.8M → $9.71M (-$9.04M)

65% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 17

Holders
43
Holders Change
-1
Holders Change %
-2.27%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
6
Reduced
17
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$18.9K -$49.8K -3,767 -69%
JP Morgan Chase
27
JP Morgan Chase
New York
$15.9K -$52.7K -3,988 -74%
Point72 Asset Management
28
Point72 Asset Management
Connecticut
$11.4K +$13.4K +1,012 New
Northwestern Mutual Wealth Management
29
Northwestern Mutual Wealth Management
Wisconsin
$10.1K
TRCT
30
Tower Research Capital (TRC)
New York
$9.4K -$2.79K -211 -20%
BHWM
31
Beaird Harris Wealth Management
Texas
$8.9K
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$5.01K +$5.88K +445 New
Fidelity Investments
33
Fidelity Investments
Massachusetts
$3.67K -$30.6K -2,312 -88%
Barclays
34
Barclays
United Kingdom
$2.42K -$38.5K -2,914 -93%
NA
35
NewEdge Advisors
Louisiana
$2.25K
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$2K -$2.58K -195 -57%
C
37
Covestor
United Kingdom
$2K +$1.04K +79 +110%
Russell Investments Group
38
Russell Investments Group
United Kingdom
$1.34K +$1.57K +119 New
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$540 -$55.6K -4,207 -99%
Wells Fargo
40
Wells Fargo
California
$439 -$13.8K -1,045 -96%
Nisa Investment Advisors
41
Nisa Investment Advisors
Missouri
$326 +$383 +29 New
Citigroup
42
Citigroup
New York
$79 +$66 +5 +250%
HNB
43
Huntington National Bank
Ohio
$11
SM
44
Salzhauer Michael
-$635K -40,504 Closed
MDCM
45
Morgan Dempsey Capital Management
Wisconsin
-$386K -24,619 Closed
N
46
Nuveen
North Carolina
-$312K -19,893 Closed
Bank of New York Mellon
47
Bank of New York Mellon
New York
-$272K -17,353 Closed
Charles Schwab
48
Charles Schwab
California
-$265K -16,906 Closed
Deutsche Bank
49
Deutsche Bank
Germany
-$58.5K -3,733 Closed
Allspring Global Investments
50
Allspring Global Investments
North Carolina
-$49.3K -3,144 Closed

FGBI Hedge Fund Activity: Q2 2023 in Review

43 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2023, worth a combined $9.71M — down 48% from $18.8M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FGBI and 13 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 6 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $1.17M. The largest seller was BlackRock, cutting an estimated $3.46M.

  • 43 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2023, down from 44 in Q1 2023.
  • Funds reported $9.71M of First Guaranty Bancshares stock for Q2 2023, down 48% quarter-over-quarter.
  • 13 funds opened new First Guaranty Bancshares positions in Q2 2023 and 14 closed out, a net change of -1 holder.
  • The largest First Guaranty Bancshares buyer in Q2 2023 was Millennium Management, an estimated $1.17M added.
  • The largest First Guaranty Bancshares seller in Q2 2023 was BlackRock, an estimated $3.46M sold.

Based on aggregated 13F filings for Q2 2023.