First Guaranty Bancshares
FGBI
37 hedge funds and large institutions have $30.1M invested in First Guaranty Bancshares in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $29.3M → $30.1M (+$821K)
0.18% less ownership
Funds ownership: 16.11% → 15.93% (-0.18%)
10% less funds holding
Funds holding: 41 → 37 (-4)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$433K |
| 2 |
Charles Schwab
San Francisco,
California
|
+$205K |
| 3 |
BlackRock
New York
|
+$48.2K |
| 4 |
Bank of New York Mellon
New York
|
+$30.9K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$232K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$137K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$129K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$119K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$88.5K |
FGBI Hedge Fund Activity: Q1 2018 in Review
37 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2018, worth a combined $30.1M — up 2.8% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGBI and 2 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was State Street, adding an estimated $433K. The largest seller was Deutsche Bank, cutting an estimated $232K.
- 37 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2018, down from 41 in Q4 2017.
- Funds reported $30.1M of First Guaranty Bancshares stock for Q1 2018, up 2.8% quarter-over-quarter.
- 2 funds opened new First Guaranty Bancshares positions in Q1 2018 and 5 closed out, a net change of -3 holders.
- The largest First Guaranty Bancshares buyer in Q1 2018 was State Street, an estimated $433K added.
- The largest First Guaranty Bancshares seller in Q1 2018 was Deutsche Bank, an estimated $232K sold.
Based on aggregated 13F filings for Q1 2018.