First Guaranty Bancshares
FGBI
33 hedge funds and large institutions have $8.73M invested in First Guaranty Bancshares in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $8.24M → $8.73M (+$493K)
0% more funds holding
Funds holding: 33 → 33 (0)
0.23% less ownership
Funds ownership: 6.55% → 6.32% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$130K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$95.9K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$93.6K |
| 4 |
Morgan Stanley
New York
|
+$34.6K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$31.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$460K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$186K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$169K |
| 4 |
DA
Denali Advisors
San Diego,
California
|
-$44K |
| 5 |
Renaissance Technologies
New York
|
-$21.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $8.66K | -$5.08K | -488 | -39% |
|
|
NA
27
NewEdge Advisors
New Orleans,
Louisiana
| $5.56K | +$5.2K | +500 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $4.34K | +$2.46K | +237 | +155% |
|
29
BNP Paribas Financial Markets
Paris,
France
| $3.33K | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $489 | +$21 | +2 | +5% |
|
31
JP Morgan Chase
New York
| $234 | -$10K | -965 | -98% |
|
|
HNB
32
Huntington National Bank
Columbus,
Ohio
| $11 | – | – | – |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$186K | -16,937 | Closed |
|
|
PAG
34
Private Advisor Group
Morristown,
New Jersey
| – | -$169K | -15,366 | Closed |
|
|
DA
35
Denali Advisors
San Diego,
California
| – | -$44K | -4,000 | Closed |
|
36
Barclays
London,
United Kingdom
| – | -$12.6K | -1,142 | Closed |
|
|
CAL
37
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -122 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$52 | +5 | New |
|
FGBI Hedge Fund Activity: Q4 2023 in Review
33 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q4 2023, worth a combined $8.73M — up 6% from $8.24M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGBI positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $130K. The largest seller was Millennium Management, cutting an estimated $460K.
- 33 institutional investors held First Guaranty Bancshares (FGBI) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $8.73M of First Guaranty Bancshares stock for Q4 2023, up 6% quarter-over-quarter.
- 6 funds opened new First Guaranty Bancshares positions in Q4 2023 and 5 closed out, a net change of +1 holder.
- The largest First Guaranty Bancshares buyer in Q4 2023 was Qube Research & Technologies (QRT), an estimated $130K added.
- The largest First Guaranty Bancshares seller in Q4 2023 was Millennium Management, an estimated $460K sold.
Based on aggregated 13F filings for Q4 2023.