First Guaranty Bancshares
FGBI
21 hedge funds and large institutions have $10.5M invested in First Guaranty Bancshares in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
17% more funds holding
Funds holding: 18 → 21 (+3)
13% more capital invested
Capital invested by funds: $9.3M → $10.5M (+$1.16M)
0.77% more ownership
Funds ownership: 6.8% → 7.57% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$656K |
| 2 |
Goldman Sachs
New York
|
+$427K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$206K |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$137K |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
+$89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFP
Michael F. Price
|
-$313K |
| 2 |
Renaissance Technologies
New York
|
-$256K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$87.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.2K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$24K |
FGBI Hedge Fund Activity: Q1 2017 in Review
21 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2017, worth a combined $10.5M — up 13% from $9.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FGBI positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $656K. The largest seller was Michael F. Price, cutting an estimated $313K.
- 21 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2017, up from 18 in Q4 2016.
- Funds reported $10.5M of First Guaranty Bancshares stock for Q1 2017, up 13% quarter-over-quarter.
- 7 funds opened new First Guaranty Bancshares positions in Q1 2017 and 3 closed out, a net change of +4 holders.
- The largest First Guaranty Bancshares buyer in Q1 2017 was Millennium Management, an estimated $656K added.
- The largest First Guaranty Bancshares seller in Q1 2017 was Michael F. Price, an estimated $313K sold.
Based on aggregated 13F filings for Q1 2017.