Primis Financial Corp
FRST
108 hedge funds and large institutions have $173M invested in Primis Financial Corp in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 9 closing their positions.
1% less funds holding
Funds holding: 109 → 108 (-1)
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
40% less capital invested
Capital invested by funds: $288M → $173M (-$115M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$3.4M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.91M |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.61M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.29M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$7.7M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.64M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
-$1.57M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$849K |
| 5 |
Two Sigma Investments
New York
|
-$649K |
FRST Hedge Fund Activity: Q1 2020 in Review
108 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q1 2020, worth a combined $173M — down 40% from $288M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FRST and 8 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 35 added.
The largest buyer was Dalton, Greiner, Hartman, Maher & Co, opening a new position worth an estimated $3.4M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $7.7M sold.
- 108 institutional investors held Primis Financial Corp (FRST) as of Q1 2020, down from 109 in Q4 2019.
- Funds reported $173M of Primis Financial Corp stock for Q1 2020, down 40% quarter-over-quarter.
- 8 funds opened new Primis Financial Corp positions in Q1 2020 and 9 closed out, a net change of -1 holder.
- The largest Primis Financial Corp buyer in Q1 2020 was Dalton, Greiner, Hartman, Maher & Co, an estimated $3.4M added.
- The largest Primis Financial Corp seller in Q1 2020 was Basswood Capital Management, an estimated $7.7M sold.
Based on aggregated 13F filings for Q1 2020.