First Bank
FRBA
74 hedge funds and large institutions have $119M invested in First Bank in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
75% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 16
6% more funds holding
Funds holding: 70 → 74 (+4)
2.4% more ownership
Funds ownership: 45% → 47.41% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $121M → $119M (-$2.25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.22M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.53M |
| 3 |
Millennium Management
New York
|
+$553K |
| 4 |
BlackRock
New York
|
+$442K |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$436K |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$260K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$105K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$102K |
| 5 |
Bank of New York Mellon
New York
|
-$99.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
76
Aquatic Capital Management
Chicago,
Illinois
| – | -$3K | -200 | Closed |
|
77
Simplex Trading
Chicago,
Illinois
| – | -$1K | -100 | Closed |
|
78
Wells Fargo
San Francisco,
California
| – | -$1K | -37 | Closed |
|
FRBA Hedge Fund Activity: Q4 2022 in Review
74 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2022, worth a combined $119M — down 1.9% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRBA positions and 4 closed out — a net gain of 4 holders — while 28 added to existing stakes and 16 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $3.22M. The largest seller was Gendell Jeffrey L, cutting an estimated $436K.
- 74 institutional investors held First Bank (FRBA) as of Q4 2022, up from 70 in Q3 2022.
- Funds reported $119M of First Bank stock for Q4 2022, down 1.9% quarter-over-quarter.
- 8 funds opened new First Bank positions in Q4 2022 and 4 closed out, a net change of +4 holders.
- The largest First Bank buyer in Q4 2022 was Wellington Management Group, an estimated $3.22M added.
- The largest First Bank seller in Q4 2022 was Gendell Jeffrey L, an estimated $436K sold.
Based on aggregated 13F filings for Q4 2022.