First Guaranty Bancshares
FGBI
36 hedge funds and large institutions have $20.5M invested in First Guaranty Bancshares in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.02% more ownership
Funds ownership: 13.73% → 13.76% (+0.02%)
5% less funds holding
Funds holding: 38 → 36 (-2)
11% less capital invested
Capital invested by funds: $23.1M → $20.5M (-$2.62M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$120K |
| 2 |
SG Americas Securities
New York
|
+$116K |
| 3 |
Renaissance Technologies
New York
|
+$85.5K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$45.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$226K |
| 2 |
Morgan Stanley
New York
|
-$199K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$33.8K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$23.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16.3K |
FGBI Hedge Fund Activity: Q1 2019 in Review
36 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2019, worth a combined $20.5M — down 11% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGBI and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was BlackRock, adding an estimated $120K. The largest seller was TIAA CREF Investment Management, exiting entirely with an estimated $226K sold.
- 36 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2019, down from 38 in Q4 2018.
- Funds reported $20.5M of First Guaranty Bancshares stock for Q1 2019, down 11% quarter-over-quarter.
- 1 fund opened new First Guaranty Bancshares positions in Q1 2019 and 3 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q1 2019 was BlackRock, an estimated $120K added.
- The largest First Guaranty Bancshares seller in Q1 2019 was TIAA CREF Investment Management, an estimated $226K sold.
Based on aggregated 13F filings for Q1 2019.