First Bank
FRBA
128 hedge funds and large institutions have $225M invested in First Bank in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
49% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 35
6% more funds holding
Funds holding: 121 → 128 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $227M → $225M (-$2.24M)
14.61% less ownership
Funds ownership: 70.54% → 55.93% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$3.37M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.74M |
| 3 |
Two Sigma Investments
New York
|
+$1.01M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$813K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$762K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.51M |
| 2 |
PFPGI
Patriot Financial Partners GP II
Radnor,
Pennsylvania
|
-$3.27M |
| 3 |
IA
IAM Advisory
Easton,
Pennsylvania
|
-$1.38M |
| 4 |
Barclays
London,
United Kingdom
|
-$439K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$328K |
FRBA Hedge Fund Activity: Q1 2026 in Review
128 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Bank (FRBA) for Q1 2026, worth a combined $225M — down 0.99% from $227M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FRBA positions and 8 closed out — a net gain of 8 holders — while 52 added to existing stakes and 35 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $3.37M. The largest seller was Wellington Management Group, cutting an estimated $3.51M.
- 128 institutional investors held First Bank (FRBA) as of Q1 2026, up from 121 in Q4 2025.
- Funds reported $225M of First Bank stock for Q1 2026, down 0.99% quarter-over-quarter.
- 16 funds opened new First Bank positions in Q1 2026 and 8 closed out, a net change of +8 holders.
- The largest First Bank buyer in Q1 2026 was Banc Funds Company, an estimated $3.37M added.
- The largest First Bank seller in Q1 2026 was Wellington Management Group, an estimated $3.51M sold.
Based on aggregated 13F filings for Q1 2026.