First Bank
FRBA
66 hedge funds and large institutions have $80.1M invested in First Bank in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
56% more capital invested
Capital invested by funds: $51.4M → $80.1M (+$28.7M)
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
12% more funds holding
Funds holding: 59 → 66 (+7)
1.31% more ownership
Funds ownership: 42.22% → 43.53% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.59M |
| 2 |
BlackRock
New York
|
+$708K |
| 3 |
GJL
Gendell Jeffrey L
|
+$542K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$377K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$194K |
| 3 |
First Manhattan
New York
|
-$175K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$161K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$109K |
FRBA Hedge Fund Activity: Q4 2020 in Review
66 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2020, worth a combined $80.1M — up 56% from $51.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRBA positions and 4 closed out — a net gain of 7 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $1.59M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $1.1M sold.
- 66 institutional investors held First Bank (FRBA) as of Q4 2020, up from 59 in Q3 2020.
- Funds reported $80.1M of First Bank stock for Q4 2020, up 56% quarter-over-quarter.
- 11 funds opened new First Bank positions in Q4 2020 and 4 closed out, a net change of +7 holders.
- The largest First Bank buyer in Q4 2020 was Banc Funds Company, an estimated $1.59M added.
- The largest First Bank seller in Q4 2020 was Punch & Associates Investment Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2020.