First Guaranty Bancshares
FGBI
52 hedge funds and large institutions have $28.8M invested in First Guaranty Bancshares in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 10 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
0.85% less ownership
Funds ownership: 13.14% → 12.29% (-0.85%)
9% less funds holding
Funds holding: 57 → 52 (-5)
16% less capital invested
Capital invested by funds: $34.2M → $28.8M (-$5.42M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$439K |
| 2 |
State Street
Boston,
Massachusetts
|
+$198K |
| 3 |
Millennium Management
New York
|
+$182K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$170K |
| 5 |
Bank of New York Mellon
New York
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.28M |
| 2 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$530K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$467K |
| 4 |
HF
HRT Financial
New York
|
-$313K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$467K | -19,217 | Closed |
|
|
HF
52
HRT Financial
New York
| – | -$313K | -12,913 | Closed |
|
|
ACM
53
Allred Capital Management
Dallas,
Texas
| – | -$213K | -8,776 | Closed |
|
|
TI
54
Trexquant Investment
Stamford,
Connecticut
| – | -$207K | -8,527 | Closed |
|
|
OSAM
55
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$204K | -8,403 | Closed |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$102K | -4,187 | Closed |
|
57
LSV Asset Management
Chicago,
Illinois
| – | -$66K | -2,706 | Closed |
|
|
DA
58
Denali Advisors
San Diego,
California
| – | -$24K | -1,000 | Closed |
|
|
SFG
59
Steward Financial Group
Colleyville,
Texas
| – | -$2K | -110 | Closed |
|
60
Wells Fargo
San Francisco,
California
| – | -$1.55K | -65 | -76% |
|
|
C
61
Covestor
London,
United Kingdom
| – | +$24 | +1 | New |
|
FGBI Hedge Fund Activity: Q3 2022 in Review
52 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2022, worth a combined $28.8M — down 16% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FGBI and 5 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $439K. The largest seller was EAM Investors, exiting entirely with an estimated $1.28M sold.
- 52 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2022, down from 57 in Q2 2022.
- Funds reported $28.8M of First Guaranty Bancshares stock for Q3 2022, down 16% quarter-over-quarter.
- 5 funds opened new First Guaranty Bancshares positions in Q3 2022 and 10 closed out, a net change of -5 holders.
- The largest First Guaranty Bancshares buyer in Q3 2022 was First Trust Advisors, an estimated $439K added.
- The largest First Guaranty Bancshares seller in Q3 2022 was EAM Investors, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2022.