First Mid Bancshares
FMBH
113 hedge funds and large institutions have $318M invested in First Mid Bancshares in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 13 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 114 → 113 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
6.99% less ownership
Funds ownership: 47.67% → 40.68% (-7%)
19% less capital invested
Capital invested by funds: $394M → $318M (-$76.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.97M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.55M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.34M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Ballentine Partners
Waltham,
Massachusetts
|
-$65.2M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.84M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.11M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$834K |
| 5 |
Millennium Management
New York
|
-$807K |
FMBH Hedge Fund Activity: Q1 2024 in Review
113 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Mid Bancshares (FMBH) for Q1 2024, worth a combined $318M — down 19% from $394M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FMBH and 12 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 35 added.
The largest buyer was Vanguard Group, adding an estimated $2.7M. The largest seller was Ballentine Partners, exiting entirely with an estimated $65.2M sold.
- 113 institutional investors held First Mid Bancshares (FMBH) as of Q1 2024, down from 114 in Q4 2023.
- Funds reported $318M of First Mid Bancshares stock for Q1 2024, down 19% quarter-over-quarter.
- 12 funds opened new First Mid Bancshares positions in Q1 2024 and 13 closed out, a net change of -1 holder.
- The largest First Mid Bancshares buyer in Q1 2024 was Vanguard Group, an estimated $2.7M added.
- The largest First Mid Bancshares seller in Q1 2024 was Ballentine Partners, an estimated $65.2M sold.
Based on aggregated 13F filings for Q1 2024.