First Guaranty Bancshares
FGBI
38 hedge funds and large institutions have $13.3M invested in First Guaranty Bancshares in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 5 closing their positions.
1.03% less ownership
Funds ownership: 13.26% → 12.23% (-1%)
5% less funds holding
Funds holding: 40 → 38 (-2)
21% less capital invested
Capital invested by funds: $17M → $13.3M (-$3.65M)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$254K |
| 2 |
Millennium Management
New York
|
+$174K |
| 3 |
State Street
Boston,
Massachusetts
|
+$59.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$54.7K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$53.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$633K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$515K |
| 3 |
BlackRock
New York
|
-$292K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$153K |
| 5 |
JP Morgan Chase
New York
|
-$59.2K |
FGBI Hedge Fund Activity: Q2 2020 in Review
38 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2020, worth a combined $13.3M — down 21% from $17M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGBI and 3 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Northern Trust, adding an estimated $254K. The largest seller was Federated Hermes, cutting an estimated $633K.
- 38 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2020, down from 40 in Q1 2020.
- Funds reported $13.3M of First Guaranty Bancshares stock for Q2 2020, down 21% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q2 2020 and 5 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q2 2020 was Northern Trust, an estimated $254K added.
- The largest First Guaranty Bancshares seller in Q2 2020 was Federated Hermes, an estimated $633K sold.
Based on aggregated 13F filings for Q2 2020.