First Bank
FRBA
59 hedge funds and large institutions have $51.4M invested in First Bank in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 22 reducing their positions, and 4 closing their positions.
1.32% more ownership
Funds ownership: 40.9% → 42.22% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 61 → 59 (-2)
6% less capital invested
Capital invested by funds: $54.6M → $51.4M (-$3.17M)
23% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 22
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$405K |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$285K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$233K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$140K |
| 5 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$287K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$233K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$219K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$200K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$194K |
FRBA Hedge Fund Activity: Q3 2020 in Review
59 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q3 2020, worth a combined $51.4M — down 5.8% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRBA and 2 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $405K. The largest seller was Beacon Pointe Advisors, exiting entirely with an estimated $287K sold.
- 59 institutional investors held First Bank (FRBA) as of Q3 2020, down from 61 in Q2 2020.
- Funds reported $51.4M of First Bank stock for Q3 2020, down 5.8% quarter-over-quarter.
- 2 funds opened new First Bank positions in Q3 2020 and 4 closed out, a net change of -2 holders.
- The largest First Bank buyer in Q3 2020 was BlackRock, an estimated $405K added.
- The largest First Bank seller in Q3 2020 was Beacon Pointe Advisors, an estimated $287K sold.
Based on aggregated 13F filings for Q3 2020.