Primis Financial Corp
FRST
106 hedge funds and large institutions have $213M invested in Primis Financial Corp in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
5% more funds holding
Funds holding: 101 → 106 (+5)
1.52% more ownership
Funds ownership: 69.73% → 71.25% (+1.5%)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
9% less capital invested
Capital invested by funds: $234M → $213M (-$20.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$3.91M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.62M |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.55M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$992K |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$717K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.99M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.71M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.7M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.09M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$525K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
101
Aquatic Capital Management
Chicago,
Illinois
| $8K | +$9.26K | +700 | New |
|
102
Wells Fargo
San Francisco,
California
| $6K | -$2.91K | -220 | -33% |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
GRP
104
Global Retirement Partners
San Rafael,
California
| $2K | +$13 | +1 | +0.5% |
|
|
CS
105
Credit Suisse
Zurich,
Switzerland
| $1K | +$1.32K | +100 | +417% |
|
106
SEI Investments
Oaks,
Pennsylvania
| – | -$209K | -15,368 | Closed |
|
107
First Trust Advisors
Wheaton,
Illinois
| – | -$142K | -10,443 | Closed |
|
108
SG Americas Securities
New York
| – | -$120K | -8,800 | Closed |
|
109
Allspring Global Investments
Charlotte,
North Carolina
| – | -$15K | -1,125 | Closed |
|
|
C
110
Covestor
London,
United Kingdom
| – | +$93 | +7 | New |
|
FRST Hedge Fund Activity: Q3 2022 in Review
106 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2022, worth a combined $213M — down 8.9% from $234M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FRST positions and 4 closed out — a net gain of 5 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Atlantic Union Bankshares, opening a new position worth an estimated $3.91M. The largest seller was Vanguard Group, cutting an estimated $1.99M.
- 106 institutional investors held Primis Financial Corp (FRST) as of Q3 2022, up from 101 in Q2 2022.
- Funds reported $213M of Primis Financial Corp stock for Q3 2022, down 8.9% quarter-over-quarter.
- 9 funds opened new Primis Financial Corp positions in Q3 2022 and 4 closed out, a net change of +5 holders.
- The largest Primis Financial Corp buyer in Q3 2022 was Atlantic Union Bankshares, an estimated $3.91M added.
- The largest Primis Financial Corp seller in Q3 2022 was Vanguard Group, an estimated $1.99M sold.
Based on aggregated 13F filings for Q3 2022.