First Guaranty Bancshares
FGBI
33 hedge funds and large institutions have $8.24M invested in First Guaranty Bancshares in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 14 closing their positions.
1.5% less ownership
Funds ownership: 8.05% → 6.55% (-1.5%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
15% less capital invested
Capital invested by funds: $9.71M → $8.24M (-$1.47M)
23% less funds holding
Funds holding: 43 → 33 (-10)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$199K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$119K |
| 3 |
BlackRock
New York
|
+$62.4K |
| 4 |
DA
Denali Advisors
San Diego,
California
|
+$47K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$32.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$326K |
| 2 |
Renaissance Technologies
New York
|
-$197K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$165K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$151K |
| 5 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$123K |
FGBI Hedge Fund Activity: Q3 2023 in Review
33 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q3 2023, worth a combined $8.24M — down 15% from $9.71M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FGBI and 5 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $199K. The largest seller was Millennium Management, cutting an estimated $326K.
- 33 institutional investors held First Guaranty Bancshares (FGBI) as of Q3 2023, down from 43 in Q2 2023.
- Funds reported $8.24M of First Guaranty Bancshares stock for Q3 2023, down 15% quarter-over-quarter.
- 5 funds opened new First Guaranty Bancshares positions in Q3 2023 and 14 closed out, a net change of -9 holders.
- The largest First Guaranty Bancshares buyer in Q3 2023 was Citadel Advisors, an estimated $199K added.
- The largest First Guaranty Bancshares seller in Q3 2023 was Millennium Management, an estimated $326K sold.
Based on aggregated 13F filings for Q3 2023.