First Bank
FRBA
60 hedge funds and large institutions have $104M invested in First Bank in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
11% more funds holding
Funds holding: 54 → 60 (+6)
1.22% more ownership
Funds ownership: 46.42% → 47.65% (+1.2%)
4% more capital invested
Capital invested by funds: $99.3M → $104M (+$4.46M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.84M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$529K |
| 3 |
BlackRock
New York
|
+$443K |
| 4 |
JP Morgan Chase
New York
|
+$430K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.24M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$365K |
| 3 |
GJL
Gendell Jeffrey L
|
-$338K |
| 4 |
State Street
Boston,
Massachusetts
|
-$273K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$179K |
FRBA Hedge Fund Activity: Q2 2019 in Review
60 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2019, worth a combined $104M — up 4.5% from $99.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FRBA positions and 1 closed out — a net gain of 8 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Patriot Financial Partners, adding an estimated $2.84M. The largest seller was Wellington Management Group, cutting an estimated $2.24M.
- 60 institutional investors held First Bank (FRBA) as of Q2 2019, up from 54 in Q1 2019.
- Funds reported $104M of First Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
- 9 funds opened new First Bank positions in Q2 2019 and 1 closed out, a net change of +8 holders.
- The largest First Bank buyer in Q2 2019 was Patriot Financial Partners, an estimated $2.84M added.
- The largest First Bank seller in Q2 2019 was Wellington Management Group, an estimated $2.24M sold.
Based on aggregated 13F filings for Q2 2019.