First Guaranty Bancshares
FGBI
34 hedge funds and large institutions have $8.04M invested in First Guaranty Bancshares in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 33 → 34 (+1)
0.03% more ownership
Funds ownership: 6.32% → 6.35% (+0.03%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
8% less capital invested
Capital invested by funds: $8.73M → $8.04M (-$687K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$145K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$85.3K |
| 3 |
Citigroup
New York
|
+$39.9K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$32K |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$115K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$58.3K |
| 3 |
Millennium Management
New York
|
-$38.8K |
| 4 |
Morgan Stanley
New York
|
-$28.2K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$16.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
NewEdge Advisors
New Orleans,
Louisiana
| $5.08K | – | – | – |
|
27
BNP Paribas Financial Markets
Paris,
France
| $2.25K | -$880 | -77 | -26% |
|
28
UBS Group
Zurich,
Switzerland
| $2.2K | -$11.8K | -1,028 | -83% |
|
29
Bank of America
Charlotte,
North Carolina
| $2.09K | -$2.1K | -184 | -47% |
|
30
Wells Fargo
San Francisco,
California
| $497 | +$57 | +5 | +11% |
|
|
CFM
31
Catalyst Funds Management
Sydney NSW,
Australia
| $345 | +$389 | +34 | New |
|
32
JP Morgan Chase
New York
| $213 | – | – | – |
|
|
HNB
33
Huntington National Bank
Columbus,
Ohio
| $10 | – | – | – |
|
|
34
Renaissance Technologies
New York
| – | -$115K | -10,383 | Closed |
|
|
FIA
35
FNY Investment Advisers
New York
| – | +$343 | +30 | New |
|
FGBI Hedge Fund Activity: Q1 2024 in Review
34 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2024, worth a combined $8.04M — down 7.9% from $8.73M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGBI positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $145K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $115K sold.
- 34 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2024, up from 33 in Q4 2023.
- Funds reported $8.04M of First Guaranty Bancshares stock for Q1 2024, down 7.9% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q1 2024 and 2 closed out, a net change of +1 holder.
- The largest First Guaranty Bancshares buyer in Q1 2024 was Jane Street, an estimated $145K added.
- The largest First Guaranty Bancshares seller in Q1 2024 was Renaissance Technologies, an estimated $115K sold.
Based on aggregated 13F filings for Q1 2024.