First Bank
FRBA
94 hedge funds and large institutions have $214M invested in First Bank in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 17 reducing their positions, and 5 closing their positions.
400% more call options, than puts
Call options by funds: $15K | Put options by funds: $3K
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
118% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 17
27% more capital invested
Capital invested by funds: $168M → $214M (+$45.3M)
11% more funds holding
Funds holding: 85 → 94 (+9)
3.34% more ownership
Funds ownership: 52.31% → 55.66% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$3.71M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.36M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.11M |
| 4 |
BlackRock
New York
|
+$1.08M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$911K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$1.38M |
| 2 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$327K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$323K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$316K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$251K |
FRBA Hedge Fund Activity: Q3 2024 in Review
94 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q3 2024, worth a combined $214M — up 27% from $168M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRBA positions and 5 closed out — a net gain of 9 holders — while 37 added to existing stakes and 17 trimmed.
The largest buyer was Wilmington Savings Fund Society, opening a new position worth an estimated $3.71M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $1.38M sold.
- 94 institutional investors held First Bank (FRBA) as of Q3 2024, up from 85 in Q2 2024.
- Funds reported $214M of First Bank stock for Q3 2024, up 27% quarter-over-quarter.
- 14 funds opened new First Bank positions in Q3 2024 and 5 closed out, a net change of +9 holders.
- The largest First Bank buyer in Q3 2024 was Wilmington Savings Fund Society, an estimated $3.71M added.
- The largest First Bank seller in Q3 2024 was Jacobs Asset Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2024.