First Bank
FRBA
82 hedge funds and large institutions have $177M invested in First Bank in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 26 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
33% more call options, than puts
Call options by funds: $4K | Put options by funds: $3K
6% more funds holding
Funds holding: 77 → 82 (+5)
0.25% more ownership
Funds ownership: 50.72% → 50.97% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 26
6% less capital invested
Capital invested by funds: $188M → $177M (-$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$3.82M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.29M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$739K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$662K |
| 5 |
RA
Raffles Associates
New York
|
+$455K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.09M |
| 2 |
BCP
BlackBarn Capital Partners
New York
|
-$1.38M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$1.22M |
| 4 |
Morgan Stanley
New York
|
-$999K |
| 5 |
II
Inspire Investing
Meridian,
Idaho
|
-$756K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
76
Amalgamated Bank
New York
| $7K | -$17.4K | -1,279 | -70% |
|
|
HIM
77
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $6.18K | +$6.11K | +450 | New |
|
|
HBW
78
Hazlett, Burt & Watson
Wheeling,
West Virginia
| $5K | – | – | – |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| $2.56K | -$14.1K | -1,038 | -85% |
|
80
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | +$1.36K | +100 | +476% |
|
|
GI
81
GAMMA Investing
Foster City,
California
| $660 | -$258 | -19 | -28% |
|
82
Nisa Investment Advisors
St. Louis,
Missouri
| $591 | – | – | – |
|
|
AWM
83
Avior Wealth Management
Omaha,
Nebraska
| $41 | +$41 | +3 | New |
|
|
II
84
Inspire Investing
Meridian,
Idaho
| – | -$756K | -51,450 | Closed |
|
|
SO
85
STRS Ohio
Columbus,
Ohio
| – | -$294K | -20,000 | Closed |
|
86
Janus Henderson Group
London,
United Kingdom
| – | -$228K | -15,494 | Closed |
|
87
SG Americas Securities
New York
| – | -$165K | -11,195 | Closed |
|
|
WTG
88
West Tower Group
Richmond,
Virginia
| – | -$59.6K | -4,053 | Closed |
|
|
C
89
Covestor
London,
United Kingdom
| – | -$1K | -44 | Closed |
|
FRBA Hedge Fund Activity: Q1 2024 in Review
82 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2024, worth a combined $177M — down 5.8% from $188M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRBA positions and 7 closed out — a net gain of 5 holders — while 26 added to existing stakes and 26 trimmed.
The largest buyer was Patriot Financial Partners, adding an estimated $3.82M. The largest seller was Banc Funds Company, cutting an estimated $2.09M.
- 82 institutional investors held First Bank (FRBA) as of Q1 2024, up from 77 in Q4 2023.
- Funds reported $177M of First Bank stock for Q1 2024, down 5.8% quarter-over-quarter.
- 12 funds opened new First Bank positions in Q1 2024 and 7 closed out, a net change of +5 holders.
- The largest First Bank buyer in Q1 2024 was Patriot Financial Partners, an estimated $3.82M added.
- The largest First Bank seller in Q1 2024 was Banc Funds Company, an estimated $2.09M sold.
Based on aggregated 13F filings for Q1 2024.