First Bank
FRBA
60 hedge funds and large institutions have $103M invested in First Bank in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
7% more funds holding
Funds holding: 56 → 60 (+4)
5% more capital invested
Capital invested by funds: $98M → $103M (+$5.11M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.15% less ownership
Funds ownership: 48.78% → 45.63% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPWA
Beacon Pointe Wealth Advisors
Newport Beach,
California
|
+$477K |
| 2 |
Renaissance Technologies
New York
|
+$297K |
| 3 |
State Street
Boston,
Massachusetts
|
+$286K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$282K |
| 5 |
Goldman Sachs
New York
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$294K |
| 2 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$259K |
| 3 |
Bank of New York Mellon
New York
|
-$229K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$194K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$74.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $37K | +$11.6K | +1,071 | +47% |
|
52
Legal & General Group
London,
United Kingdom
| $35K | – | – | – |
|
|
GEA
53
Glen Eagle Advisors
Kingston,
New Jersey
| $33.1K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $25K | +$8.87K | +819 | +56% |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $15K | – | – | – |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | +$10.2K | +941 | New |
|
|
NL
57
NVWM LLC
Yardley,
Pennsylvania
| $4K | – | – | – |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| $2K | -$2.74K | -253 | -56% |
|
|
GT
59
Glenmede Trust
Philadelphia,
Pennsylvania
| $1K | – | – | – |
|
60
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$1.36K | +126 | New |
|
61
Twin Tree Management
Dallas,
Texas
| – | -$2K | -200 | Closed |
|
FRBA Hedge Fund Activity: Q4 2019 in Review
60 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2019, worth a combined $103M — up 5.2% from $98M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FRBA positions and 1 closed out — a net gain of 4 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Beacon Pointe Wealth Advisors, opening a new position worth an estimated $477K. The largest seller was Punch & Associates Investment Management, cutting an estimated $294K.
- 60 institutional investors held First Bank (FRBA) as of Q4 2019, up from 56 in Q3 2019.
- Funds reported $103M of First Bank stock for Q4 2019, up 5.2% quarter-over-quarter.
- 5 funds opened new First Bank positions in Q4 2019 and 1 closed out, a net change of +4 holders.
- The largest First Bank buyer in Q4 2019 was Beacon Pointe Wealth Advisors, an estimated $477K added.
- The largest First Bank seller in Q4 2019 was Punch & Associates Investment Management, an estimated $294K sold.
Based on aggregated 13F filings for Q4 2019.