Primis Financial Corp
FRST
34 hedge funds and large institutions have $65.5M invested in Primis Financial Corp in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $66.5M → $65.5M (-$948K)
6% less funds holding
Funds holding: 36 → 34 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.06M |
| 2 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
+$535K |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$500K |
| 4 |
RA
Royce & Associates
New York
|
+$159K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$24.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$922K |
| 2 |
RMC
Regis Management Company
Menlo Park,
California
|
-$293K |
| 3 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$249K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$176K |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$173K |
FRST Hedge Fund Activity: Q3 2013 in Review
34 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2013, worth a combined $65.5M — down 1.4% from $66.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FRST and 1 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Mendon Capital Advisors, adding an estimated $1.06M. The largest seller was I.G. Investment Management, cutting an estimated $922K.
- 34 institutional investors held Primis Financial Corp (FRST) as of Q3 2013, down from 36 in Q2 2013.
- Funds reported $65.5M of Primis Financial Corp stock for Q3 2013, down 1.4% quarter-over-quarter.
- 1 fund opened new Primis Financial Corp positions in Q3 2013 and 3 closed out, a net change of -2 holders.
- The largest Primis Financial Corp buyer in Q3 2013 was Mendon Capital Advisors, an estimated $1.06M added.
- The largest Primis Financial Corp seller in Q3 2013 was I.G. Investment Management, an estimated $922K sold.
Based on aggregated 13F filings for Q3 2013.