First Guaranty Bancshares
FGBI
32 hedge funds and large institutions have $7.08M invested in First Guaranty Bancshares in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0.06% less ownership
Funds ownership: 6.35% → 6.29% (-0.06%)
6% less funds holding
Funds holding: 34 → 32 (-2)
12% less capital invested
Capital invested by funds: $8.04M → $7.08M (-$963K)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$266K |
| 2 |
Renaissance Technologies
New York
|
+$158K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$103K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.8K |
| 5 |
CIG
Cullen Investment Group
Lafayette,
Louisiana
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$154K |
| 2 |
Jane Street
New York
|
-$129K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$125K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$106K |
| 5 |
Citigroup
New York
|
-$43.9K |
FGBI Hedge Fund Activity: Q2 2024 in Review
32 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Guaranty Bancshares (FGBI) for Q2 2024, worth a combined $7.08M — down 12% from $8.04M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGBI and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Vanguard Group, adding an estimated $266K. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $154K.
- 32 institutional investors held First Guaranty Bancshares (FGBI) as of Q2 2024, down from 34 in Q1 2024.
- Funds reported $7.08M of First Guaranty Bancshares stock for Q2 2024, down 12% quarter-over-quarter.
- 3 funds opened new First Guaranty Bancshares positions in Q2 2024 and 5 closed out, a net change of -2 holders.
- The largest First Guaranty Bancshares buyer in Q2 2024 was Vanguard Group, an estimated $266K added.
- The largest First Guaranty Bancshares seller in Q2 2024 was Qube Research & Technologies (QRT), an estimated $154K sold.
Based on aggregated 13F filings for Q2 2024.