First Bank
FRBA
11 hedge funds and large institutions have $9.43M invested in First Bank in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
22% more funds holding
Funds holding: 9 → 11 (+2)
9% more capital invested
Capital invested by funds: $8.66M → $9.43M (+$771K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$583K |
| 2 |
PFBT
Parkside Financial Bank & Trust
Saint Louis,
Missouri
|
+$69.5K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$50.9K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$39.5K |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$1.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$411K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wellington Management Group
Boston,
Massachusetts
| $4.92M | +$50.9K | +8,065 | +1% |
|
|
BFC
2
Banc Funds Company
Chicago,
Illinois
| $2.44M | – | – | – |
|
3
HighTower Advisors
Chicago,
Illinois
| $813K | – | – | – |
|
|
4
Vanguard Group
Malvern,
Pennsylvania
| $600K | +$583K | +92,305 | New |
|
|
EMFAT
5
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| $423K | -$411K | -65,100 | -50% |
|
|
RC
6
RegentAtlantic Capital
Morristown,
New Jersey
| $82K | – | – | – |
|
|
PFBT
7
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $71K | +$69.5K | +11,000 | New |
|
|
U
8
UBS
Zurich,
Switzerland
| $47K | +$39.5K | +6,250 | +658% |
|
9
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $36K | – | – | – |
|
10
Morgan Stanley
New York
| $1K | +$82 | +13 | +8% |
|
|
GT
11
Glenmede Trust
Philadelphia,
Pennsylvania
| $1K | +$1.9K | +300 | New |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$7K | -1,060 | Closed |
|
FRBA Hedge Fund Activity: Q1 2014 in Review
11 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2014, worth a combined $9.43M — up 8.9% from $8.66M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FRBA positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $583K. The largest seller was Emerald Mutual Fund Advisers Trust, cutting an estimated $411K.
- 11 institutional investors held First Bank (FRBA) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $9.43M of First Bank stock for Q1 2014, up 8.9% quarter-over-quarter.
- 3 funds opened new First Bank positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest First Bank buyer in Q1 2014 was Vanguard Group, an estimated $583K added.
- The largest First Bank seller in Q1 2014 was Emerald Mutual Fund Advisers Trust, an estimated $411K sold.
Based on aggregated 13F filings for Q1 2014.