Primis Financial Corp
FRST
75 hedge funds and large institutions have $134M invested in Primis Financial Corp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
24% more capital invested
Capital invested by funds: $108M → $134M (+$25.9M)
3% more funds holding
Funds holding: 73 → 75 (+2)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.23M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.97M |
| 3 |
Renaissance Technologies
New York
|
+$1.38M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$891K |
| 5 |
JP Morgan Chase
New York
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.86M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.83M |
| 3 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
-$1M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$989K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$637K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
76
THB Asset Management
Norwalk,
Connecticut
| – | -$989K | -75,856 | Closed |
|
|
NI
77
Numeric Investors
Boston,
Massachusetts
| – | -$554K | -42,415 | Closed |
|
78
Goldman Sachs
New York
| – | -$166K | -12,708 | Closed |
|
|
MA
79
MUFG Americas
New York
| – | -$3K | -255 | Closed |
|
FRST Hedge Fund Activity: Q4 2016 in Review
75 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q4 2016, worth a combined $134M — up 24% from $108M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRST positions and 4 closed out — a net gain of 3 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $2.23M. The largest seller was Curi RMB Capital, cutting an estimated $2.86M.
- 75 institutional investors held Primis Financial Corp (FRST) as of Q4 2016, up from 73 in Q3 2016.
- Funds reported $134M of Primis Financial Corp stock for Q4 2016, up 24% quarter-over-quarter.
- 7 funds opened new Primis Financial Corp positions in Q4 2016 and 4 closed out, a net change of +3 holders.
- The largest Primis Financial Corp buyer in Q4 2016 was Wellington Management Group, an estimated $2.23M added.
- The largest Primis Financial Corp seller in Q4 2016 was Curi RMB Capital, an estimated $2.86M sold.
Based on aggregated 13F filings for Q4 2016.