First Bank
FRBA
78 hedge funds and large institutions have $127M invested in First Bank in 2021 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
13% more funds holding
Funds holding: 69 → 78 (+9)
11% more capital invested
Capital invested by funds: $115M → $127M (+$12.6M)
3.22% more ownership
Funds ownership: 41.47% → 44.69% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.33M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.17M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$891K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$654K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.08M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$641K |
| 3 |
Morgan Stanley
New York
|
-$604K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$413K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$390K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FL
76
Fourthstone LLC
St Louis,
Missouri
| – | -$1.08M | -76,822 | Closed |
|
|
KCM
77
Kennedy Capital Management
St Louis,
Missouri
| – | -$641K | -45,511 | Closed |
|
|
WG
78
Winton Group
London,
United Kingdom
| – | -$413K | -29,316 | Closed |
|
|
PCA
79
PL Capital Advisors
Naples,
Florida
| – | -$200K | -14,180 | Closed |
|
|
FNBTCON
80
First National Bank & Trust Co of Newtown
Newtown,
Pennsylvania
| – | -$161K | -11,430 | Closed |
|
81
SG Americas Securities
New York
| – | -$155K | -10,973 | Closed |
|
82
Invesco
Atlanta,
Georgia
| – | -$152K | -10,773 | Closed |
|
|
AWA
83
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$4K | -285 | Closed |
|
84
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$30 | +2 | New |
|
|
MAM
85
Meeder Asset Management
Dublin,
Ohio
| – | +$119 | +8 | New |
|
FRBA Hedge Fund Activity: Q4 2021 in Review
78 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2021, worth a combined $127M — up 11% from $115M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FRBA positions and 8 closed out — a net gain of 10 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Foundry Partners, opening a new position worth an estimated $1.33M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $1.08M sold.
- 78 institutional investors held First Bank (FRBA) as of Q4 2021, up from 69 in Q3 2021.
- Funds reported $127M of First Bank stock for Q4 2021, up 11% quarter-over-quarter.
- 18 funds opened new First Bank positions in Q4 2021 and 8 closed out, a net change of +10 holders.
- The largest First Bank buyer in Q4 2021 was Foundry Partners, an estimated $1.33M added.
- The largest First Bank seller in Q4 2021 was Fourthstone LLC, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2021.