First Midwest Bancorp Inc/IL
FMBI
FMBI was delisted on the 15th of February, 2022.
178 hedge funds and large institutions have $1.24B invested in First Midwest Bancorp Inc/IL in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 76 increasing their positions, 55 reducing their positions, and 29 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 55
0% less capital invested
Capital invested by funds: $1.25B → $1.24B (-$4.22M)
7% less funds holding
Funds holding: 192 → 178 (-14)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$12.2M |
| 2 |
BlackRock
New York
|
+$9.96M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.65M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.17M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$6.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$13.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$13.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.22M |
| 4 |
Goldman Sachs
New York
|
-$7.56M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.96M |
FMBI Hedge Fund Activity: Q2 2020 in Review
178 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Midwest Bancorp Inc/IL (FMBI) for Q2 2020, worth a combined $1.24B — down 0.34% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FMBI and 16 opened new positions — a net loss of 13 holders — while 55 trimmed existing stakes and 76 added.
The largest buyer was Cornerstone National Bank & Trust, adding an estimated $12.2M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $13.9M sold.
- 178 institutional investors held First Midwest Bancorp Inc/IL (FMBI) as of Q2 2020, down from 192 in Q1 2020.
- Funds reported $1.24B of First Midwest Bancorp Inc/IL stock for Q2 2020, down 0.34% quarter-over-quarter.
- 16 funds opened new First Midwest Bancorp Inc/IL positions in Q2 2020 and 29 closed out, a net change of -13 holders.
- The largest First Midwest Bancorp Inc/IL buyer in Q2 2020 was Cornerstone National Bank & Trust, an estimated $12.2M added.
- The largest First Midwest Bancorp Inc/IL seller in Q2 2020 was Assenagon Asset Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2020.