Primis Financial Corp
FRST
36 hedge funds and large institutions have $82.2M invested in Primis Financial Corp in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $78.3M → $82.2M (+$3.87M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 37 → 36 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$456K |
| 2 |
CWM
Concert Wealth Management
San Jose,
California
|
+$319K |
| 3 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$20K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$12.3K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$992K |
| 2 |
RA
Royce & Associates
New York
|
-$123K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$112K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$43K |
| 5 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$22.8K |
FRST Hedge Fund Activity: Q3 2014 in Review
36 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2014, worth a combined $82.2M — up 4.9% from $78.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRST and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 9 added.
The largest buyer was THB Asset Management, adding an estimated $456K. The largest seller was I.G. Investment Management, exiting entirely with an estimated $992K sold.
- 36 institutional investors held Primis Financial Corp (FRST) as of Q3 2014, down from 37 in Q2 2014.
- Funds reported $82.2M of Primis Financial Corp stock for Q3 2014, up 4.9% quarter-over-quarter.
- 3 funds opened new Primis Financial Corp positions in Q3 2014 and 4 closed out, a net change of -1 holder.
- The largest Primis Financial Corp buyer in Q3 2014 was THB Asset Management, an estimated $456K added.
- The largest Primis Financial Corp seller in Q3 2014 was I.G. Investment Management, an estimated $992K sold.
Based on aggregated 13F filings for Q3 2014.