Primis Financial Corp
FRST
88 hedge funds and large institutions have $263M invested in Primis Financial Corp in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 9 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
1% less funds holding
Funds holding: 89 → 88 (-1)
5% less capital invested
Capital invested by funds: $278M → $263M (-$15.2M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.46M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.29M |
| 3 |
RA
Royce & Associates
New York
|
+$1.11M |
| 4 |
Renaissance Technologies
New York
|
+$1.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.61M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.52M |
| 3 |
JP Morgan Chase
New York
|
-$856K |
| 4 |
EM
ELCO Management
New York
|
-$665K |
| 5 |
SG Americas Securities
New York
|
-$589K |
FRST Hedge Fund Activity: Q4 2017 in Review
88 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q4 2017, worth a combined $263M — down 5.5% from $278M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FRST and 8 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 30 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $1.46M. The largest seller was Wellington Management Group, cutting an estimated $7.61M.
- 88 institutional investors held Primis Financial Corp (FRST) as of Q4 2017, down from 89 in Q3 2017.
- Funds reported $263M of Primis Financial Corp stock for Q4 2017, down 5.5% quarter-over-quarter.
- 8 funds opened new Primis Financial Corp positions in Q4 2017 and 9 closed out, a net change of -1 holder.
- The largest Primis Financial Corp buyer in Q4 2017 was Hotchkis & Wiley Capital Management, an estimated $1.46M added.
- The largest Primis Financial Corp seller in Q4 2017 was Wellington Management Group, an estimated $7.61M sold.
Based on aggregated 13F filings for Q4 2017.