First Bank
FRBA
103 hedge funds and large institutions have $207M invested in First Bank in 2025 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
7% more funds holding
Funds holding: 96 → 103 (+7)
4% more capital invested
Capital invested by funds: $198M → $207M (+$8.87M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
0.41% less ownership
Funds ownership: 55.64% → 55.23% (-0.41%)
88% less call options, than puts
Call options by funds: $6K | Put options by funds: $48K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.57M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$582K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$494K |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$478K |
| 5 |
Jane Street
New York
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$4.35M |
| 2 |
IA
IAM Advisory
Easton,
Pennsylvania
|
-$1.55M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.28M |
| 4 |
JP Morgan Chase
New York
|
-$574K |
| 5 |
B
Bailard
Foster City,
California
|
-$398K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
101
EverSource Wealth Advisors
Birmingham,
Alabama
| $148 | +$147 | +10 | New |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $104 | +$103 | +7 | New |
|
|
IA
103
IFP Advisors
Tampa,
Florida
| $89 | – | – | – |
|
|
B
104
Bailard
Foster City,
California
| – | -$398K | -28,286 | Closed |
|
|
PAG
105
Private Advisor Group
Morristown,
New Jersey
| – | -$228K | -16,190 | Closed |
|
|
HSA
106
HBK Sorce Advisory
Erie,
Pennsylvania
| – | -$177K | -12,581 | Closed |
|
107
Squarepoint
New York
| – | -$170K | -12,082 | Closed |
|
108
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$160K | -11,339 | Closed |
|
|
HIM
109
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$151K | -10,700 | Closed |
|
|
FIA
110
FNY Investment Advisers
New York
| – | -$98K | -7,000 | Closed |
|
FRBA Hedge Fund Activity: Q1 2025 in Review
103 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2025, worth a combined $207M — up 4.5% from $198M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRBA positions and 8 closed out — a net gain of 7 holders — while 31 added to existing stakes and 31 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $3.57M. The largest seller was Banc Funds Company, cutting an estimated $4.35M.
- 103 institutional investors held First Bank (FRBA) as of Q1 2025, up from 96 in Q4 2024.
- Funds reported $207M of First Bank stock for Q1 2025, up 4.5% quarter-over-quarter.
- 15 funds opened new First Bank positions in Q1 2025 and 8 closed out, a net change of +7 holders.
- The largest First Bank buyer in Q1 2025 was Royce & Associates, an estimated $3.57M added.
- The largest First Bank seller in Q1 2025 was Banc Funds Company, an estimated $4.35M sold.
Based on aggregated 13F filings for Q1 2025.