First Guaranty Bancshares
FGBI
50 hedge funds and large institutions have $30M invested in First Guaranty Bancshares in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 8 closing their positions.
4% more capital invested
Capital invested by funds: $28.8M → $30M (+$1.2M)
0.11% less ownership
Funds ownership: 12.29% → 12.18% (-0.11%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
4% less funds holding
Funds holding: 52 → 50 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$774K |
| 2 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$269K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$203K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$134K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$75.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$546K |
| 2 |
Bank of New York Mellon
New York
|
-$423K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$330K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$272K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$546K | -24,939 | Closed |
|
|
52
Citadel Advisors
Miami,
Florida
| – | -$330K | -15,079 | Closed |
|
|
53
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$272K | -12,441 | Closed |
|
54
Lazard Asset Management
New York
| – | -$27K | -1,276 | Closed |
|
|
GCM
55
Gladius Capital Management
Chicago,
Illinois
| – | -$9K | -395 | Closed |
|
56
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$8K | -360 | Closed |
|
|
CS
57
Credit Suisse
Zurich,
Switzerland
| – | -$1K | -32 | Closed |
|
FGBI Hedge Fund Activity: Q4 2022 in Review
50 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q4 2022, worth a combined $30M — up 4.2% from $28.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FGBI and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was BlackRock, adding an estimated $774K. The largest seller was Millennium Management, exiting entirely with an estimated $546K sold.
- 50 institutional investors held First Guaranty Bancshares (FGBI) as of Q4 2022, down from 52 in Q3 2022.
- Funds reported $30M of First Guaranty Bancshares stock for Q4 2022, up 4.2% quarter-over-quarter.
- 6 funds opened new First Guaranty Bancshares positions in Q4 2022 and 8 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q4 2022 was BlackRock, an estimated $774K added.
- The largest First Guaranty Bancshares seller in Q4 2022 was Millennium Management, an estimated $546K sold.
Based on aggregated 13F filings for Q4 2022.