Primis Financial Corp
FRST
72 hedge funds and large institutions have $144M invested in Primis Financial Corp in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $134M → $144M (+$9.13M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
4% less funds holding
Funds holding: 75 → 72 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.46M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.43M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.13M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$992K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHC
Hutchin Hill Capital
New York
|
-$3.27M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.23M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$656K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$471K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$372K |
FRST Hedge Fund Activity: Q1 2017 in Review
72 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q1 2017, worth a combined $144M — up 6.8% from $134M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRST positions and 6 closed out — a net gain of 1 holder — while 21 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock, adding an estimated $8.46M. The largest seller was Hutchin Hill Capital, exiting entirely with an estimated $3.27M sold.
- 72 institutional investors held Primis Financial Corp (FRST) as of Q1 2017, down from 75 in Q4 2016.
- Funds reported $144M of Primis Financial Corp stock for Q1 2017, up 6.8% quarter-over-quarter.
- 7 funds opened new Primis Financial Corp positions in Q1 2017 and 6 closed out, a net change of +1 holder.
- The largest Primis Financial Corp buyer in Q1 2017 was BlackRock, an estimated $8.46M added.
- The largest Primis Financial Corp seller in Q1 2017 was Hutchin Hill Capital, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2017.