First Guaranty Bancshares
FGBI
12 hedge funds and large institutions have $4.95M invested in First Guaranty Bancshares in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
70% more capital invested
Capital invested by funds: $2.91M → $4.95M (+$2.04M)
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
+$433K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$56.5K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$38.9K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$32.3K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$6.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$303 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFC
1
Banc Funds Company
Chicago,
Illinois
| $1.5M | – | – | – |
|
|
CCM
2
Cutler Capital Management
Worcester,
Massachusetts
| $1.45M | +$32.3K | +2,662 | +2% |
|
|
MFP
3
Michael F. Price
| $966K | – | – | – |
|
|
SM
4
Salzhauer Michael
| $888K | +$433K | +35,671 | +96% |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $58K | +$56.5K | +4,659 | +3,503% |
|
|
PAM
6
Panagora Asset Management
Boston,
Massachusetts
| $39K | +$38.9K | +3,205 | New |
|
|
BIM
7
BlackRock Investment Management
Wilmington,
Delaware
| $12K | +$6.55K | +540 | +123% |
|
8
UBS Group
Zurich,
Switzerland
| $11K | +$3.4K | +280 | +49% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $9K | -$303 | -25 | -3% |
|
10
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
11
Morgan Stanley
New York
| $3K | – | – | – |
|
FGBI Hedge Fund Activity: Q3 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2016, worth a combined $4.95M — up 70% from $2.91M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FGBI positions and 0 closed out — a net gain of 1 holder — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Salzhauer Michael, adding an estimated $433K. The largest seller was Tower Research Capital (TRC), cutting an estimated $303.
- 12 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2016, up from 11 in Q2 2016.
- Funds reported $4.95M of First Guaranty Bancshares stock for Q3 2016, up 70% quarter-over-quarter.
- 1 fund opened new First Guaranty Bancshares positions in Q3 2016 and 0 closed out, a net change of +1 holder.
- The largest First Guaranty Bancshares buyer in Q3 2016 was Salzhauer Michael, an estimated $433K added.
- The largest First Guaranty Bancshares seller in Q3 2016 was Tower Research Capital (TRC), an estimated $303 sold.
Based on aggregated 13F filings for Q3 2016.