Primis Financial Corp
FRST
110 hedge funds and large institutions have $253M invested in Primis Financial Corp in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 7 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
12% more capital invested
Capital invested by funds: $226M → $253M (+$27.1M)
1% more funds holding
Funds holding: 109 → 110 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.72M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.42M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.37M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$983K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.44M |
| 2 |
ESBC
E.S. Barr & Co
Lexington,
Kentucky
|
-$1.99M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.54M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$1.38M |
| 5 |
Morgan Stanley
New York
|
-$989K |
FRST Hedge Fund Activity: Q1 2019 in Review
110 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q1 2019, worth a combined $253M — up 12% from $226M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRST positions and 7 closed out — a net gain of 1 holder — while 38 added to existing stakes and 24 trimmed.
The largest buyer was Foundry Partners, adding an estimated $1.72M. The largest seller was Wellington Management Group, cutting an estimated $4.44M.
- 110 institutional investors held Primis Financial Corp (FRST) as of Q1 2019, up from 109 in Q4 2018.
- Funds reported $253M of Primis Financial Corp stock for Q1 2019, up 12% quarter-over-quarter.
- 8 funds opened new Primis Financial Corp positions in Q1 2019 and 7 closed out, a net change of +1 holder.
- The largest Primis Financial Corp buyer in Q1 2019 was Foundry Partners, an estimated $1.72M added.
- The largest Primis Financial Corp seller in Q1 2019 was Wellington Management Group, an estimated $4.44M sold.
Based on aggregated 13F filings for Q1 2019.