Primis Financial Corp
FRST
104 hedge funds and large institutions have $247M invested in Primis Financial Corp in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
66.15% more ownership
Funds ownership: 0% → 66.15% (+66%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $222M → $247M (+$25M)
8% more funds holding
Funds holding: 96 → 104 (+8)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.6M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$4.61M |
| 3 |
RA
Royce & Associates
New York
|
+$3.35M |
| 4 |
Bank of New York Mellon
New York
|
+$2.15M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$7.36M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.91M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$2.15M |
| 4 |
Renaissance Technologies
New York
|
-$1.53M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
101
Global Retirement Partners
San Rafael,
California
| $3K | +$15 | +1 | +0.6% |
|
|
AIG
102
American International Group
New York
| $206 | +$29.6K | +1,970 | +17% |
|
103
Nisa Investment Advisors
St. Louis,
Missouri
| $98 | – | – | – |
|
|
104
Citadel Advisors
Miami,
Florida
| – | -$1.04M | -71,696 | Closed |
|
105
HSBC Holdings
London,
United Kingdom
| – | -$774K | -51,280 | Closed |
|
106
Mariner
Overland Park,
Kansas
| – | -$379K | -26,054 | Closed |
|
107
Jane Street
New York
| – | -$365K | -25,092 | Closed |
|
|
DGHMC
108
Dalton, Greiner, Hartman, Maher & Co
New York
| – | -$292K | -20,093 | Closed |
|
109
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$263K | -18,069 | Closed |
|
110
Osaic Holdings
Scottsdale,
Arizona
| – | -$570 | -38 | -60% |
|
FRST Hedge Fund Activity: Q2 2021 in Review
104 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q2 2021, worth a combined $247M — up 11% from $222M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRST positions and 7 closed out — a net gain of 8 holders — while 31 added to existing stakes and 34 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.6M. The largest seller was Banc Funds Company, cutting an estimated $7.36M.
- 104 institutional investors held Primis Financial Corp (FRST) as of Q2 2021, up from 96 in Q1 2021.
- Funds reported $247M of Primis Financial Corp stock for Q2 2021, up 11% quarter-over-quarter.
- 15 funds opened new Primis Financial Corp positions in Q2 2021 and 7 closed out, a net change of +8 holders.
- The largest Primis Financial Corp buyer in Q2 2021 was Wellington Management Group, an estimated $18.6M added.
- The largest Primis Financial Corp seller in Q2 2021 was Banc Funds Company, an estimated $7.36M sold.
Based on aggregated 13F filings for Q2 2021.