First Bank
FRBA
61 hedge funds and large institutions have $122M invested in First Bank in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
36% more funds holding
Funds holding: 45 → 61 (+16)
17% more capital invested
Capital invested by funds: $104M → $122M (+$17.6M)
4.89% more ownership
Funds ownership: 42.23% → 47.12% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.38M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.95M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.66M |
| 5 |
Renaissance Technologies
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.57M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.67M |
| 3 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$492K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$387K |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$347K |
FRBA Hedge Fund Activity: Q2 2018 in Review
61 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2018, worth a combined $122M — up 17% from $104M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FRBA positions and 5 closed out — a net gain of 17 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was BlackRock, adding an estimated $9.38M. The largest seller was Millennium Management, cutting an estimated $2.57M.
- 61 institutional investors held First Bank (FRBA) as of Q2 2018, up from 45 in Q1 2018.
- Funds reported $122M of First Bank stock for Q2 2018, up 17% quarter-over-quarter.
- 22 funds opened new First Bank positions in Q2 2018 and 5 closed out, a net change of +17 holders.
- The largest First Bank buyer in Q2 2018 was BlackRock, an estimated $9.38M added.
- The largest First Bank seller in Q2 2018 was Millennium Management, an estimated $2.57M sold.
Based on aggregated 13F filings for Q2 2018.