First Bank
FRBA
23 hedge funds and large institutions have $38.8M invested in First Bank in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
39.25% more ownership
Funds ownership: 0% → 39.25% (+39%)
38% more capital invested
Capital invested by funds: $28.2M → $38.8M (+$10.6M)
21% more funds holding
Funds holding: 19 → 23 (+4)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$211K |
| 2 |
Renaissance Technologies
New York
|
+$144K |
| 3 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$101K |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$101K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
+$84.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$438K |
| 2 |
DLA
Douglas Lane & Associates
New York
|
-$152K |
| 3 |
Millennium Management
New York
|
-$109K |
| 4 |
Goldman Sachs
New York
|
-$94K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$80.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Goldman Sachs
New York
| – | -$94K | -11,185 | Closed |
|
27
Acadian Asset Management
Boston,
Massachusetts
| – | -$19K | -2,257 | Closed |
|
FRBA Hedge Fund Activity: Q4 2016 in Review
23 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2016, worth a combined $38.8M — up 38% from $28.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRBA positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $211K. The largest seller was Wellington Management Group, cutting an estimated $438K.
- 23 institutional investors held First Bank (FRBA) as of Q4 2016, up from 19 in Q3 2016.
- Funds reported $38.8M of First Bank stock for Q4 2016, up 38% quarter-over-quarter.
- 8 funds opened new First Bank positions in Q4 2016 and 4 closed out, a net change of +4 holders.
- The largest First Bank buyer in Q4 2016 was Private Advisor Group, an estimated $211K added.
- The largest First Bank seller in Q4 2016 was Wellington Management Group, an estimated $438K sold.
Based on aggregated 13F filings for Q4 2016.