First Bank
FRBA
70 hedge funds and large institutions have $96.8M invested in First Bank in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 13 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $95.8M → $96.8M (+$919K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.86% less ownership
Funds ownership: 48.34% → 47.49% (-0.86%)
5% less funds holding
Funds holding: 74 → 70 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$670K |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$427K |
| 3 |
Morgan Stanley
New York
|
+$391K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$267K |
| 5 |
BlackRock
New York
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCP
Jennifer C. Price
|
-$1.56M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$930K |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$378K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$368K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$356K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$138K | -13,693 | Closed |
|
77
First Manhattan
New York
| – | -$25.7K | -2,548 | Closed |
|
|
DWA
78
Dorsey Wright & Associates
Pasadena,
California
| – | -$18.4K | -1,820 | Closed |
|
79
Lazard Asset Management
New York
| – | -$12K | -1,191 | Closed |
|
|
GCM
80
Gladius Capital Management
Chicago,
Illinois
| – | -$5.5K | -544 | Closed |
|
|
TWA
81
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1.53K | -151 | Closed |
|
|
GWS
82
Glassman Wealth Services
Vienna,
Virginia
| – | -$101 | -10 | Closed |
|
83
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$214 | +21 | New |
|
FRBA Hedge Fund Activity: Q2 2023 in Review
70 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2023, worth a combined $96.8M — up 0.96% from $95.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FRBA and 9 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 26 added.
The largest buyer was Russell Investments Group, adding an estimated $670K. The largest seller was Jennifer C. Price, exiting entirely with an estimated $1.56M sold.
- 70 institutional investors held First Bank (FRBA) as of Q2 2023, down from 74 in Q1 2023.
- Funds reported $96.8M of First Bank stock for Q2 2023, up 0.96% quarter-over-quarter.
- 9 funds opened new First Bank positions in Q2 2023 and 13 closed out, a net change of -4 holders.
- The largest First Bank buyer in Q2 2023 was Russell Investments Group, an estimated $670K added.
- The largest First Bank seller in Q2 2023 was Jennifer C. Price, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2023.