First Guaranty Bancshares
FGBI
42 hedge funds and large institutions have $31.4M invested in First Guaranty Bancshares in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
14% more funds holding
Funds holding: 37 → 42 (+5)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $30.1M → $31.4M (+$1.22M)
0.62% more ownership
Funds ownership: 15.93% → 16.55% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$673K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$428K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$154K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$117K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$87.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$247K |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$46.8K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$43K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$41.7K |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$33.6K |
FGBI Hedge Fund Activity: Q2 2018 in Review
42 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2018, worth a combined $31.4M — up 4% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGBI positions and 1 closed out — a net gain of 5 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $673K. The largest seller was Vanguard Group, cutting an estimated $247K.
- 42 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2018, up from 37 in Q1 2018.
- Funds reported $31.4M of First Guaranty Bancshares stock for Q2 2018, up 4% quarter-over-quarter.
- 6 funds opened new First Guaranty Bancshares positions in Q2 2018 and 1 closed out, a net change of +5 holders.
- The largest First Guaranty Bancshares buyer in Q2 2018 was BlackRock, an estimated $673K added.
- The largest First Guaranty Bancshares seller in Q2 2018 was Vanguard Group, an estimated $247K sold.
Based on aggregated 13F filings for Q2 2018.