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Primis Financial Corp

114 hedge funds and large institutions have $264M invested in Primis Financial Corp in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 30

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% less capital invested

Capital invested by funds: $264M → $264M (-$174K)

3% less funds holding

Funds holding: 117114 (-3)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
114
Holders Change
-3
Holders Change %
-2.56%
% of All Funds
2.5%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
5
Increased
35
Reduced
30
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCCPI
1
Castle Creek Capital Partners IV
California
$49.6M
BFC
2
Banc Funds Company
Illinois
$20.6M -$390K -25,687 -2%
BlackRock
3
BlackRock
New York
$17.7M +$259K +17,046 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$13.6M +$206K +13,559 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$12.8M +$422K +27,825 +3%
Franklin Resources
6
Franklin Resources
California
$10M
Renaissance Technologies
7
Renaissance Technologies
New York
$9.07M +$193K +12,700 +2%
SM
8
Salzhauer Michael
$8.75M +$986K +64,980 +13%
CIM
9
Corbyn Investment Management
Maryland
$8.71M
Wellington Management Group
10
Wellington Management Group
Massachusetts
$8.46M -$463K -30,530 -5%
PCA
11
PL Capital Advisors
Florida
$6.71M
LSV Asset Management
12
LSV Asset Management
Illinois
$6.58M -$217K -14,300 -3%
State Street
13
State Street
Massachusetts
$6.52M +$139K +9,146 +2%
FP
14
Foundry Partners
Minnesota
$6.19M -$354K -23,320 -5%
RA
15
Royce & Associates
New York
$5.78M -$915K -60,264 -14%
First Manhattan
16
First Manhattan
New York
$4.39M -$133K -8,750 -3%
MCM
17
Maltese Capital Management
New York
$3.84M
Geode Capital Management
18
Geode Capital Management
Massachusetts
$3.75M +$51.1K +3,369 +1%
Goldman Sachs
19
Goldman Sachs
New York
$3.51M +$902K +59,464 +35%
Northern Trust
20
Northern Trust
Illinois
$3.46M +$62.7K +4,131 +2%
BCM
21
Basswood Capital Management
New York
$3.25M -$420K -27,663 -12%
Hotchkis & Wiley Capital Management
22
Hotchkis & Wiley Capital Management
California
$2.91M +$29.7K +1,960 +1%
WCM
23
Wedge Capital Management
North Carolina
$2.84M +$1.78M +117,474 +175%
KCM
24
Kennedy Capital Management
Missouri
$2.83M -$735K -48,414 -21%
BCM
25
BHZ Capital Management
California
$2.62M

FRST Hedge Fund Activity: Q3 2019 in Review

114 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2019, worth a combined $264M — down 0.07% from $264M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FRST and 5 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 35 added.

The largest buyer was Wedge Capital Management, adding an estimated $1.78M. The largest seller was Martingale Asset Management, cutting an estimated $1.21M.

  • 114 institutional investors held Primis Financial Corp (FRST) as of Q3 2019, down from 117 in Q2 2019.
  • Funds reported $264M of Primis Financial Corp stock for Q3 2019, down 0.07% quarter-over-quarter.
  • 5 funds opened new Primis Financial Corp positions in Q3 2019 and 8 closed out, a net change of -3 holders.
  • The largest Primis Financial Corp buyer in Q3 2019 was Wedge Capital Management, an estimated $1.78M added.
  • The largest Primis Financial Corp seller in Q3 2019 was Martingale Asset Management, an estimated $1.21M sold.

Based on aggregated 13F filings for Q3 2019.