First Bank
FRBA
27 hedge funds and large institutions have $41.9M invested in First Bank in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
17% more funds holding
Funds holding: 23 → 27 (+4)
8% more capital invested
Capital invested by funds: $38.8M → $41.9M (+$3.08M)
1.89% more ownership
Funds ownership: 39.25% → 41.14% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$827K |
| 2 |
Renaissance Technologies
New York
|
+$496K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$463K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$300K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$996K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$80.1K |
| 3 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$35.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
FRBA Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2017, worth a combined $41.9M — up 7.9% from $38.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRBA positions and 1 closed out — a net gain of 6 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $827K. The largest seller was Wellington Management Group, cutting an estimated $996K.
- 27 institutional investors held First Bank (FRBA) as of Q1 2017, up from 23 in Q4 2016.
- Funds reported $41.9M of First Bank stock for Q1 2017, up 7.9% quarter-over-quarter.
- 7 funds opened new First Bank positions in Q1 2017 and 1 closed out, a net change of +6 holders.
- The largest First Bank buyer in Q1 2017 was FJ Capital Management, an estimated $827K added.
- The largest First Bank seller in Q1 2017 was Wellington Management Group, an estimated $996K sold.
Based on aggregated 13F filings for Q1 2017.