First Bank
FRBA
55 hedge funds and large institutions have $115M invested in First Bank in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 7 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
0.16% less ownership
Funds ownership: 47.12% → 46.96% (-0.16%)
6% less capital invested
Capital invested by funds: $122M → $115M (-$6.95M)
10% less funds holding
Funds holding: 61 → 55 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.02M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$661K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$638K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$517K |
| 5 |
First Manhattan
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$847K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$708K |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$681K |
| 4 |
Renaissance Technologies
New York
|
-$468K |
| 5 |
Millennium Management
New York
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $7.02K | -$70 | -5 | -0.9% |
|
|
NL
52
NVWM LLC
Yardley,
Pennsylvania
| $5K | – | – | – |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$4.86K | +345 | +479% |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | -$42 | -3 | -3% |
|
|
55
Millennium Management
New York
| – | -$394K | -28,347 | Closed |
|
|
OAM
56
Oxford Asset Management
Oxford,
United Kingdom
| – | -$356K | -25,644 | Closed |
|
|
OC
57
Oppenheimer & Close
New York
| – | -$270K | -19,471 | Closed |
|
58
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$200K | -14,424 | Closed |
|
|
FIA
59
FNY Investment Advisers
New York
| – | -$165K | -11,900 | Closed |
|
60
Acadian Asset Management
Boston,
Massachusetts
| – | -$37K | -2,637 | Closed |
|
|
PIA
61
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$4K | -283 | Closed |
|
FRBA Hedge Fund Activity: Q3 2018 in Review
55 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q3 2018, worth a combined $115M — down 5.7% from $122M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FRBA and 1 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 25 added.
The largest buyer was BlackRock, adding an estimated $1.02M. The largest seller was Banc Funds Company, cutting an estimated $847K.
- 55 institutional investors held First Bank (FRBA) as of Q3 2018, down from 61 in Q2 2018.
- Funds reported $115M of First Bank stock for Q3 2018, down 5.7% quarter-over-quarter.
- 1 fund opened new First Bank positions in Q3 2018 and 7 closed out, a net change of -6 holders.
- The largest First Bank buyer in Q3 2018 was BlackRock, an estimated $1.02M added.
- The largest First Bank seller in Q3 2018 was Banc Funds Company, an estimated $847K sold.
Based on aggregated 13F filings for Q3 2018.