First Bank
FRBA
39 hedge funds and large institutions have $96.9M invested in First Bank in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 10 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
14% more capital invested
Capital invested by funds: $85.3M → $96.9M (+$11.6M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 38 → 39 (+1)
2.73% less ownership
Funds ownership: 42.76% → 40.03% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.77M |
| 2 |
Renaissance Technologies
New York
|
+$1.52M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.38M |
| 4 |
Millennium Management
New York
|
+$1.21M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.46M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$247K |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
-$153K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$144K |
FRBA Hedge Fund Activity: Q4 2017 in Review
39 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2017, worth a combined $96.9M — up 14% from $85.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRBA positions and 10 closed out — a net gain of 1 holder — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Essex Investment Management, opening a new position worth an estimated $1.77M. The largest seller was Banc Funds Company, cutting an estimated $1.6M.
- 39 institutional investors held First Bank (FRBA) as of Q4 2017, up from 38 in Q3 2017.
- Funds reported $96.9M of First Bank stock for Q4 2017, up 14% quarter-over-quarter.
- 11 funds opened new First Bank positions in Q4 2017 and 10 closed out, a net change of +1 holder.
- The largest First Bank buyer in Q4 2017 was Essex Investment Management, an estimated $1.77M added.
- The largest First Bank seller in Q4 2017 was Banc Funds Company, an estimated $1.6M sold.
Based on aggregated 13F filings for Q4 2017.