First Guaranty Bancshares
FGBI
11 hedge funds and large institutions have $2.91M invested in First Guaranty Bancshares in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 0 closing their positions.
22% more funds holding
Funds holding: 9 → 11 (+2)
12% less capital invested
Capital invested by funds: $3.3M → $2.91M (-$390K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$563K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$162K |
| 3 |
SM
Salzhauer Michael
|
+$159K |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$5.23K |
| 5 |
Morgan Stanley
New York
|
+$3.02K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFC
1
Banc Funds Company
Chicago,
Illinois
| $1.48M | +$162K | +13,528 | +12% |
|
|
MFP
2
Michael F. Price
| $951K | – | – | – |
|
|
SM
3
Salzhauer Michael
| $445K | +$159K | +13,310 | +56% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $9K | +$382 | +32 | +4% |
|
5
UBS Group
Zurich,
Switzerland
| $7K | +$1.6K | +134 | +30% |
|
6
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
BIM
7
BlackRock Investment Management
Wilmington,
Delaware
| $5K | +$5.23K | +438 | New |
|
|
8
Morgan Stanley
New York
| $3K | +$3.02K | +253 | +1,946% |
|
|
CCM
9
Cutler Capital Management
Worcester,
Massachusetts
| $1.4K | +$563K | +47,140 | +68% |
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$1.59K | +133 | New |
|
FGBI Hedge Fund Activity: Q2 2016 in Review
11 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2016, worth a combined $2.91M — down 12% from $3.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FGBI positions and 0 closed out — a net gain of 2 holders — while 6 added to existing stakes and 0 trimmed.
The largest buyer was Cutler Capital Management, adding an estimated $563K.
- 11 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2016, up from 9 in Q1 2016.
- Funds reported $2.91M of First Guaranty Bancshares stock for Q2 2016, down 12% quarter-over-quarter.
- 2 funds opened new First Guaranty Bancshares positions in Q2 2016 and 0 closed out, a net change of +2 holders.
- The largest First Guaranty Bancshares buyer in Q2 2016 was Cutler Capital Management, an estimated $563K added.
Based on aggregated 13F filings for Q2 2016.