First Guaranty Bancshares
FGBI
36 hedge funds and large institutions have $12.6M invested in First Guaranty Bancshares in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 3 closing their positions.
0.53% less ownership
Funds ownership: 12.23% → 11.7% (-0.53%)
5% less funds holding
Funds holding: 38 → 36 (-2)
5% less capital invested
Capital invested by funds: $13.3M → $12.6M (-$718K)
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$37.8K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$25.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$21.1K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$20.1K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$166K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$151K |
| 3 |
Renaissance Technologies
New York
|
-$145K |
| 4 |
State Street
Boston,
Massachusetts
|
-$92.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$47.4K |
FGBI Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2020, worth a combined $12.6M — down 5.4% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGBI and 1 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 7 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $37.8K. The largest seller was Millennium Management, exiting entirely with an estimated $166K sold.
- 36 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2020, down from 38 in Q2 2020.
- Funds reported $12.6M of First Guaranty Bancshares stock for Q3 2020, down 5.4% quarter-over-quarter.
- 1 fund opened new First Guaranty Bancshares positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $37.8K added.
- The largest First Guaranty Bancshares seller in Q3 2020 was Millennium Management, an estimated $166K sold.
Based on aggregated 13F filings for Q3 2020.