Primis Financial Corp
FRST
104 hedge funds and large institutions have $280M invested in Primis Financial Corp in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
6% more funds holding
Funds holding: 98 → 104 (+6)
9% less capital invested
Capital invested by funds: $308M → $280M (-$28.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$2.61M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.33M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.18M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.08M |
| 5 |
Goldman Sachs
New York
|
+$895K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.05M |
| 2 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
-$1.91M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.85M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$993K |
| 5 |
Millennium Management
New York
|
-$974K |
FRST Hedge Fund Activity: Q3 2018 in Review
104 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2018, worth a combined $280M — down 9.2% from $308M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRST positions and 4 closed out — a net gain of 7 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $2.61M. The largest seller was Wellington Management Group, cutting an estimated $6.05M.
- 104 institutional investors held Primis Financial Corp (FRST) as of Q3 2018, up from 98 in Q2 2018.
- Funds reported $280M of Primis Financial Corp stock for Q3 2018, down 9.2% quarter-over-quarter.
- 11 funds opened new Primis Financial Corp positions in Q3 2018 and 4 closed out, a net change of +7 holders.
- The largest Primis Financial Corp buyer in Q3 2018 was LSV Asset Management, an estimated $2.61M added.
- The largest Primis Financial Corp seller in Q3 2018 was Wellington Management Group, an estimated $6.05M sold.
Based on aggregated 13F filings for Q3 2018.