First Bank
FRBA
19 hedge funds and large institutions have $23.3M invested in First Bank in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
67% more capital invested
Capital invested by funds: $14M → $23.3M (+$9.33M)
27% more funds holding
Funds holding: 15 → 19 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.34M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$3.09M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.21M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$224K |
| 5 |
Millennium Management
New York
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$572K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$203K |
| 3 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$88K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$51.9K |
FRBA Hedge Fund Activity: Q2 2016 in Review
19 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2016, worth a combined $23.3M — up 67% from $14M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FRBA positions and 2 closed out — a net gain of 4 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $5.34M. The largest seller was Vanguard Group, cutting an estimated $572K.
- 19 institutional investors held First Bank (FRBA) as of Q2 2016, up from 15 in Q1 2016.
- Funds reported $23.3M of First Bank stock for Q2 2016, up 67% quarter-over-quarter.
- 6 funds opened new First Bank positions in Q2 2016 and 2 closed out, a net change of +4 holders.
- The largest First Bank buyer in Q2 2016 was FJ Capital Management, an estimated $5.34M added.
- The largest First Bank seller in Q2 2016 was Vanguard Group, an estimated $572K sold.
Based on aggregated 13F filings for Q2 2016.