First Bank
FRBA
121 hedge funds and large institutions have $227M invested in First Bank in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 37
11% more funds holding
Funds holding: 109 → 121 (+12)
1% more capital invested
Capital invested by funds: $224M → $227M (+$2.71M)
0.11% more ownership
Funds ownership: 70.43% → 70.54% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$1.64M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$958K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$789K |
| 4 |
Two Sigma Investments
New York
|
+$629K |
| 5 |
Goldman Sachs
New York
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFPGI
Patriot Financial Partners GP II
Radnor,
Pennsylvania
|
-$3.2M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.88M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$794K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$554K |
| 5 |
RA
Royce & Associates
New York
|
-$546K |
FRBA Hedge Fund Activity: Q4 2025 in Review
121 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q4 2025, worth a combined $227M — up 1.2% from $224M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRBA positions and 5 closed out — a net gain of 12 holders — while 42 added to existing stakes and 37 trimmed.
The largest buyer was Segall Bryant & Hamill, opening a new position worth an estimated $1.64M. The largest seller was Patriot Financial Partners GP II, cutting an estimated $3.2M.
- 121 institutional investors held First Bank (FRBA) as of Q4 2025, up from 109 in Q3 2025.
- Funds reported $227M of First Bank stock for Q4 2025, up 1.2% quarter-over-quarter.
- 17 funds opened new First Bank positions in Q4 2025 and 5 closed out, a net change of +12 holders.
- The largest First Bank buyer in Q4 2025 was Segall Bryant & Hamill, an estimated $1.64M added.
- The largest First Bank seller in Q4 2025 was Patriot Financial Partners GP II, an estimated $3.2M sold.
Based on aggregated 13F filings for Q4 2025.