First Guaranty Bancshares
FGBI
57 hedge funds and large institutions have $34.2M invested in First Guaranty Bancshares in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
49% more capital invested
Capital invested by funds: $23M → $34.2M (+$11.2M)
39% more funds holding
Funds holding: 41 → 57 (+16)
4.18% more ownership
Funds ownership: 8.97% → 13.14% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.8M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.12M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.36M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.21M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
-$907K |
| 2 |
Millennium Management
New York
|
-$832K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$727K |
| 4 |
Renaissance Technologies
New York
|
-$366K |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFG
51
Steward Financial Group
Colleyville,
Texas
| $2K | – | – | – |
|
52
Wells Fargo
San Francisco,
California
| $2K | +$1.26K | +49 | +132% |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$33.7K | -1,308 | -97% |
|
54
Rockefeller Capital Management
New York
| $1K | – | – | – |
|
|
PFO
55
PMC FIG Opportunities
Jerusalem,
Israel
| $24 | – | – | – |
|
|
BCM
56
BHZ Capital Management
San Jose,
California
| – | -$727K | -30,365 | Closed |
|
57
Russell Investments Group
London,
United Kingdom
| – | -$34K | -1,420 | Closed |
|
|
CS
58
Credit Suisse
Zurich,
Switzerland
| – | +$77 | +3 | New |
|
FGBI Hedge Fund Activity: Q2 2022 in Review
57 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2022, worth a combined $34.2M — up 49% from $23M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FGBI positions and 3 closed out — a net gain of 17 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $4.8M. The largest seller was Salzhauer Michael, cutting an estimated $907K.
- 57 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2022, up from 41 in Q1 2022.
- Funds reported $34.2M of First Guaranty Bancshares stock for Q2 2022, up 49% quarter-over-quarter.
- 20 funds opened new First Guaranty Bancshares positions in Q2 2022 and 3 closed out, a net change of +17 holders.
- The largest First Guaranty Bancshares buyer in Q2 2022 was BlackRock, an estimated $4.8M added.
- The largest First Guaranty Bancshares seller in Q2 2022 was Salzhauer Michael, an estimated $907K sold.
Based on aggregated 13F filings for Q2 2022.