First Bank
FRBA
56 hedge funds and large institutions have $98M invested in First Bank in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 5 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
1.13% more ownership
Funds ownership: 47.65% → 48.78% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $104M → $98M (-$5.76M)
7% less funds holding
Funds holding: 60 → 56 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$1.1M |
| 2 |
BlackRock
New York
|
+$396K |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$377K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$206K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$406K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$175K |
| 3 |
FNBTCON
First National Bank & Trust Co of Newtown
Newtown,
Pennsylvania
|
-$77.8K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$77.2K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$41.5K |
FRBA Hedge Fund Activity: Q3 2019 in Review
56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q3 2019, worth a combined $98M — down 5.6% from $104M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FRBA and 1 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 23 added.
The largest buyer was Patriot Financial Partners, adding an estimated $1.1M. The largest seller was Deutsche Bank, cutting an estimated $406K.
- 56 institutional investors held First Bank (FRBA) as of Q3 2019, down from 60 in Q2 2019.
- Funds reported $98M of First Bank stock for Q3 2019, down 5.6% quarter-over-quarter.
- 1 fund opened new First Bank positions in Q3 2019 and 5 closed out, a net change of -4 holders.
- The largest First Bank buyer in Q3 2019 was Patriot Financial Partners, an estimated $1.1M added.
- The largest First Bank seller in Q3 2019 was Deutsche Bank, an estimated $406K sold.
Based on aggregated 13F filings for Q3 2019.