First Bank
FRBA
68 hedge funds and large institutions have $114M invested in First Bank in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 31 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $102M → $114M (+$11.6M)
1% more funds holding
Funds holding: 67 → 68 (+1)
0.07% more ownership
Funds ownership: 42.71% → 42.78% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
52% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.07M |
| 3 |
Morgan Stanley
New York
|
+$759K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$605K |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.31M |
| 2 |
BlackRock
New York
|
-$1.1M |
| 3 |
Renaissance Technologies
New York
|
-$893K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$420K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$372K |
FRBA Hedge Fund Activity: Q2 2021 in Review
68 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q2 2021, worth a combined $114M — up 11% from $102M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FRBA positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 31 trimmed.
The largest buyer was Essex Investment Management, opening a new position worth an estimated $1.2M. The largest seller was Banc Funds Company, cutting an estimated $1.31M.
- 68 institutional investors held First Bank (FRBA) as of Q2 2021, up from 67 in Q1 2021.
- Funds reported $114M of First Bank stock for Q2 2021, up 11% quarter-over-quarter.
- 6 funds opened new First Bank positions in Q2 2021 and 5 closed out, a net change of +1 holder.
- The largest First Bank buyer in Q2 2021 was Essex Investment Management, an estimated $1.2M added.
- The largest First Bank seller in Q2 2021 was Banc Funds Company, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2021.