First Bank
FRBA
61 hedge funds and large institutions have $62.6M invested in First Bank in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
2% more funds holding
Funds holding: 60 → 61 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
1.52% less ownership
Funds ownership: 45.63% → 44.11% (-1.5%)
39% less capital invested
Capital invested by funds: $103M → $62.6M (-$40.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.49M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$785K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$628K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$457K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.6M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.85M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$785K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$785K |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$742K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $35K | +$16.1K | +1,663 | +50% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $21K | +$27.3K | +2,814 | +1,436% |
|
|
GEA
53
Glen Eagle Advisors
Kingston,
New Jersey
| $20.8K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $17K | +$3.06K | +315 | +14% |
|
|
KFI
55
Key Financial Inc
West Chester,
Pennsylvania
| $16K | +$23.8K | +2,450 | New |
|
56
Legal & General Group
London,
United Kingdom
| $15K | -$9.12K | -939 | -30% |
|
|
AIP
57
Ameritas Investment Partners
Lincoln,
Nebraska
| $9K | – | – | – |
|
58
Russell Investments Group
London,
United Kingdom
| $8K | -$339K | -34,946 | -97% |
|
59
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$10 | -1 | -0.8% |
|
|
GT
60
Glenmede Trust
Philadelphia,
Pennsylvania
| $1K | – | – | – |
|
|
BCA
61
Berman Capital Advisors
Atlanta,
Georgia
| $1K | +$1.65K | +170 | New |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$10K | -941 | Closed |
|
|
NL
63
NVWM LLC
Yardley,
Pennsylvania
| – | -$4K | -400 | Closed |
|
FRBA Hedge Fund Activity: Q1 2020 in Review
61 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2020, worth a combined $62.6M — down 39% from $103M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRBA positions and 2 closed out — a net gain of 2 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Patriot Financial Partners, adding an estimated $2.49M. The largest seller was Stieven Capital Advisors, cutting an estimated $2.6M.
- 61 institutional investors held First Bank (FRBA) as of Q1 2020, up from 60 in Q4 2019.
- Funds reported $62.6M of First Bank stock for Q1 2020, down 39% quarter-over-quarter.
- 4 funds opened new First Bank positions in Q1 2020 and 2 closed out, a net change of +2 holders.
- The largest First Bank buyer in Q1 2020 was Patriot Financial Partners, an estimated $2.49M added.
- The largest First Bank seller in Q1 2020 was Stieven Capital Advisors, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2020.