First Guaranty Bancshares
FGBI
9 hedge funds and large institutions have $3.3M invested in First Guaranty Bancshares in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more funds holding
Funds holding: 8 → 9 (+1)
19% less capital invested
Capital invested by funds: $4.08M → $3.3M (-$781K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$126K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.86K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$298 |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$146K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$80.1K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$5.05K |
| 4 |
Morgan Stanley
New York
|
-$50 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFC
1
Banc Funds Company
Chicago,
Illinois
| $1.28M | +$126K | +10,129 | +10% |
|
|
MFP
2
Michael F. Price
| $922K | – | – | – |
|
|
CCM
3
Cutler Capital Management
Worcester,
Massachusetts
| $805K | -$5.05K | -406 | -0.6% |
|
|
SM
4
Salzhauer Michael
| $276K | – | – | – |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $8K | +$8.86K | +713 | New |
|
|
6
Wells Fargo
San Francisco,
California
| $5K | -$80.1K | -6,446 | -94% |
|
|
7
UBS Group
Zurich,
Switzerland
| $5K | +$298 | +24 | +6% |
|
|
8
JP Morgan Chase
New York
| – | -$146K | -9,759 | Closed |
|
|
9
Morgan Stanley
New York
| – | -$50 | -4 | -24% |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$12 | +1 | New |
|
FGBI Hedge Fund Activity: Q1 2016 in Review
9 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2016, worth a combined $3.3M — down 19% from $4.08M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FGBI positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $126K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $146K sold.
- 9 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2016, up from 8 in Q4 2015.
- Funds reported $3.3M of First Guaranty Bancshares stock for Q1 2016, down 19% quarter-over-quarter.
- 2 funds opened new First Guaranty Bancshares positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest First Guaranty Bancshares buyer in Q1 2016 was Banc Funds Company, an estimated $126K added.
- The largest First Guaranty Bancshares seller in Q1 2016 was JP Morgan Chase, an estimated $146K sold.
Based on aggregated 13F filings for Q1 2016.