First Bank
FRBA
56 hedge funds and large institutions have $105M invested in First Bank in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
2% more funds holding
Funds holding: 55 → 56 (+1)
0.42% less ownership
Funds ownership: 46.96% → 46.54% (-0.42%)
9% less capital invested
Capital invested by funds: $115M → $105M (-$10M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$957K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$445K |
| 3 |
BlackRock
New York
|
+$416K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$235K |
| 5 |
Millennium Management
New York
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.15M |
| 2 |
Renaissance Technologies
New York
|
-$769K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$733K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$566K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$469K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $10K | -$21.2K | -1,771 | -69% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $6.84K | +$359 | +30 | +6% |
|
|
NL
53
NVWM LLC
Yardley,
Pennsylvania
| $5K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$1.39K | +116 | +103% |
|
|
GT
55
Glenmede Trust
Philadelphia,
Pennsylvania
| $1 | +$1.2K | +100 | New |
|
|
GP
56
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$39K | -3,000 | Closed |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -417 | Closed |
|
58
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$36 | -3 | -12% |
|
FRBA Hedge Fund Activity: Q4 2018 in Review
56 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2018, worth a combined $105M — down 8.8% from $115M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FRBA positions and 2 closed out — a net gain of 1 holder — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $957K. The largest seller was FJ Capital Management, cutting an estimated $1.15M.
- 56 institutional investors held First Bank (FRBA) as of Q4 2018, up from 55 in Q3 2018.
- Funds reported $105M of First Bank stock for Q4 2018, down 8.8% quarter-over-quarter.
- 3 funds opened new First Bank positions in Q4 2018 and 2 closed out, a net change of +1 holder.
- The largest First Bank buyer in Q4 2018 was Bridgeway Capital Management, an estimated $957K added.
- The largest First Bank seller in Q4 2018 was FJ Capital Management, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2018.