First Bank
FRBA
59 hedge funds and large institutions have $51.4M invested in First Bank in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 22 reducing their positions, and 4 closing their positions.
1.32% more ownership
Funds ownership: 40.9% → 42.22% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 61 → 59 (-2)
6% less capital invested
Capital invested by funds: $54.6M → $51.4M (-$3.17M)
23% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 22
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$405K |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$285K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$233K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$140K |
| 5 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$287K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$233K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$219K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$200K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Acadian Asset Management
Boston,
Massachusetts
| $20K | -$16.3K | -2,440 | -43% |
|
|
GEA
52
Glen Eagle Advisors
Kingston,
New Jersey
| $18.6K | – | – | – |
|
53
Legal & General Group
London,
United Kingdom
| $9K | -$5.08K | -762 | -34% |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | -$3.78K | -568 | -29% |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $8K | – | – | – |
|
56
Citigroup
New York
| $5K | -$9.67K | -1,452 | -65% |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | +$2K | +300 | +909% |
|
|
BCA
58
Berman Capital Advisors
Atlanta,
Georgia
| $1K | +$187 | +28 | +17% |
|
|
BPA
59
Beacon Pointe Advisors
Newport Beach,
California
| – | -$287K | -44,049 | Closed |
|
|
60
First Trust Advisors
Wheaton,
Illinois
| – | -$219K | -33,637 | Closed |
|
61
Millennium Management
New York
| – | -$109K | -16,768 | Closed |
|
62
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -117 | Closed |
|
FRBA Hedge Fund Activity: Q3 2020 in Review
59 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q3 2020, worth a combined $51.4M — down 5.8% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRBA and 2 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $405K. The largest seller was Beacon Pointe Advisors, exiting entirely with an estimated $287K sold.
- 59 institutional investors held First Bank (FRBA) as of Q3 2020, down from 61 in Q2 2020.
- Funds reported $51.4M of First Bank stock for Q3 2020, down 5.8% quarter-over-quarter.
- 2 funds opened new First Bank positions in Q3 2020 and 4 closed out, a net change of -2 holders.
- The largest First Bank buyer in Q3 2020 was BlackRock, an estimated $405K added.
- The largest First Bank seller in Q3 2020 was Beacon Pointe Advisors, an estimated $287K sold.
Based on aggregated 13F filings for Q3 2020.