First Guaranty Bancshares
FGBI
41 hedge funds and large institutions have $23M invested in First Guaranty Bancshares in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
44% more capital invested
Capital invested by funds: $16M → $23M (+$6.99M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
17% more funds holding
Funds holding: 35 → 41 (+6)
1.63% more ownership
Funds ownership: 7.33% → 8.97% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$3.03M |
| 2 |
Millennium Management
New York
|
+$278K |
| 3 |
BlackRock
New York
|
+$263K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$204K |
| 5 |
ACM
Allred Capital Management
Dallas,
Texas
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$327K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$166K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$72K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$15.1K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$12.3K |
FGBI Hedge Fund Activity: Q1 2022 in Review
41 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q1 2022, worth a combined $23M — up 44% from $16M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FGBI positions and 2 closed out — a net gain of 6 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Dempsey Capital Management, opening a new position worth an estimated $3.03M. The largest seller was Renaissance Technologies, cutting an estimated $327K.
- 41 institutional investors held First Guaranty Bancshares (FGBI) as of Q1 2022, up from 35 in Q4 2021.
- Funds reported $23M of First Guaranty Bancshares stock for Q1 2022, up 44% quarter-over-quarter.
- 8 funds opened new First Guaranty Bancshares positions in Q1 2022 and 2 closed out, a net change of +6 holders.
- The largest First Guaranty Bancshares buyer in Q1 2022 was Morgan Dempsey Capital Management, an estimated $3.03M added.
- The largest First Guaranty Bancshares seller in Q1 2022 was Renaissance Technologies, an estimated $327K sold.
Based on aggregated 13F filings for Q1 2022.