Primis Financial Corp
FRST
32 hedge funds and large institutions have $70.2M invested in Primis Financial Corp in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
7% more capital invested
Capital invested by funds: $65.5M → $70.2M (+$4.68M)
6% less funds holding
Funds holding: 34 → 32 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$653K |
| 2 |
RA
Royce & Associates
New York
|
+$539K |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$202K |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$196K |
| 5 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$919K |
| 2 |
RMC
Regis Management Company
Menlo Park,
California
|
-$298K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$216K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$196K |
| 5 |
Goldman Sachs
New York
|
-$32K |
FRST Hedge Fund Activity: Q4 2013 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q4 2013, worth a combined $70.2M — up 7.1% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRST and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 11 added.
The largest buyer was THB Asset Management, adding an estimated $653K. The largest seller was Lord, Abbett & Co, cutting an estimated $919K.
- 32 institutional investors held Primis Financial Corp (FRST) as of Q4 2013, down from 34 in Q3 2013.
- Funds reported $70.2M of Primis Financial Corp stock for Q4 2013, up 7.1% quarter-over-quarter.
- 2 funds opened new Primis Financial Corp positions in Q4 2013 and 4 closed out, a net change of -2 holders.
- The largest Primis Financial Corp buyer in Q4 2013 was THB Asset Management, an estimated $653K added.
- The largest Primis Financial Corp seller in Q4 2013 was Lord, Abbett & Co, an estimated $919K sold.
Based on aggregated 13F filings for Q4 2013.