First Bank
FRBA
38 hedge funds and large institutions have $75.7M invested in First Bank in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
81% more capital invested
Capital invested by funds: $41.9M → $75.7M (+$33.8M)
41% more funds holding
Funds holding: 27 → 38 (+11)
35.14% more ownership
Funds ownership: 41.14% → 76.28% (+35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$6.11M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$6.06M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.95M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$4.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$511K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$438K |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$217K |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
-$156K |
| 5 |
Renaissance Technologies
New York
|
-$115K |
FRBA Hedge Fund Activity: Q2 2017 in Review
38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2017, worth a combined $75.7M — up 81% from $41.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRBA positions and 3 closed out — a net gain of 11 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $6.11M. The largest seller was HighTower Advisors, cutting an estimated $511K.
- 38 institutional investors held First Bank (FRBA) as of Q2 2017, up from 27 in Q1 2017.
- Funds reported $75.7M of First Bank stock for Q2 2017, up 81% quarter-over-quarter.
- 14 funds opened new First Bank positions in Q2 2017 and 3 closed out, a net change of +11 holders.
- The largest First Bank buyer in Q2 2017 was Stieven Capital Advisors, an estimated $6.11M added.
- The largest First Bank seller in Q2 2017 was HighTower Advisors, an estimated $511K sold.
Based on aggregated 13F filings for Q2 2017.