Primis Financial Corp
FRST
68 hedge funds and large institutions have $102M invested in Primis Financial Corp in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 8 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 9
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
17% more funds holding
Funds holding: 58 → 68 (+10)
16% more capital invested
Capital invested by funds: $87.3M → $102M (+$14.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.26M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.56M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.16M |
| 4 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
+$1.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.3M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.26M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$403K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$374K |
| 5 |
Goldman Sachs
New York
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| – | -$2.43K | -200 | -100% |
|
FRST Hedge Fund Activity: Q2 2016 in Review
68 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q2 2016, worth a combined $102M — up 16% from $87.3M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FRST positions and 8 closed out — a net gain of 10 holders — while 21 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.26M. The largest seller was Wellington Management Group, cutting an estimated $4.3M.
- 68 institutional investors held Primis Financial Corp (FRST) as of Q2 2016, up from 58 in Q1 2016.
- Funds reported $102M of Primis Financial Corp stock for Q2 2016, up 16% quarter-over-quarter.
- 18 funds opened new Primis Financial Corp positions in Q2 2016 and 8 closed out, a net change of +10 holders.
- The largest Primis Financial Corp buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $3.26M added.
- The largest Primis Financial Corp seller in Q2 2016 was Wellington Management Group, an estimated $4.3M sold.
Based on aggregated 13F filings for Q2 2016.