First Guaranty Bancshares
FGBI
34 hedge funds and large institutions have $16.8M invested in First Guaranty Bancshares in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 17 closing their positions.
2.79% less ownership
Funds ownership: 12.54% → 9.75% (-2.8%)
16% less capital invested
Capital invested by funds: $19.9M → $16.8M (-$3.09M)
21% less funds holding
Funds holding: 43 → 34 (-9)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2M |
| 2 |
Millennium Management
New York
|
+$715K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$672K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$307K |
| 5 |
E
Ergoteles
New York
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.54M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.12M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$967K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$508K |
| 5 |
Bank of New York Mellon
New York
|
-$274K |
FGBI Hedge Fund Activity: Q2 2021 in Review
34 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2021, worth a combined $16.8M — down 16% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FGBI and 8 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was EJF Capital, opening a new position worth an estimated $2M. The largest seller was BlackRock, cutting an estimated $4.54M.
- 34 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2021, down from 43 in Q1 2021.
- Funds reported $16.8M of First Guaranty Bancshares stock for Q2 2021, down 16% quarter-over-quarter.
- 8 funds opened new First Guaranty Bancshares positions in Q2 2021 and 17 closed out, a net change of -9 holders.
- The largest First Guaranty Bancshares buyer in Q2 2021 was EJF Capital, an estimated $2M added.
- The largest First Guaranty Bancshares seller in Q2 2021 was BlackRock, an estimated $4.54M sold.
Based on aggregated 13F filings for Q2 2021.