First Guaranty Bancshares
FGBI
29 hedge funds and large institutions have $8.85M invested in First Guaranty Bancshares in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
25% more capital invested
Capital invested by funds: $7.08M → $8.85M (+$1.77M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.35% more ownership
Funds ownership: 6.29% → 6.64% (+0.35%)
9% less funds holding
Funds holding: 32 → 29 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$349K |
| 2 |
BlackRock
New York
|
+$225K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$135K |
| 4 |
Renaissance Technologies
New York
|
+$99.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$81.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$173K |
| 2 |
Millennium Management
New York
|
-$129K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$58.3K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$53.6K |
| 5 |
Morgan Stanley
New York
|
-$36.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $820 | +$264 | +26 | +51% |
|
27
BNP Paribas Financial Markets
Paris,
France
| $224 | – | – | – |
|
28
JP Morgan Chase
New York
| $224 | – | – | – |
|
|
HNB
29
Huntington National Bank
Columbus,
Ohio
| $11 | – | – | – |
|
|
30
Millennium Management
New York
| – | -$129K | -14,321 | Closed |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$14.4K | -1,595 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$12.3K | -1,369 | Closed |
|
|
BHWM
33
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$7.12K | -791 | Closed |
|
|
IC
34
Innealta Capital
Austin,
Texas
| – | -$9 | -1 | Closed |
|
FGBI Hedge Fund Activity: Q3 2024 in Review
29 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2024, worth a combined $8.85M — up 25% from $7.08M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGBI and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $349K. The largest seller was Bridgeway Capital Management, cutting an estimated $173K.
- 29 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2024, down from 32 in Q2 2024.
- Funds reported $8.85M of First Guaranty Bancshares stock for Q3 2024, up 25% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q3 2024 and 5 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q3 2024 was Fourthstone LLC, an estimated $349K added.
- The largest First Guaranty Bancshares seller in Q3 2024 was Bridgeway Capital Management, an estimated $173K sold.
Based on aggregated 13F filings for Q3 2024.