Primis Financial Corp
FRST
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.
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: 3 → 3 (0)
0.48% less ownership
Funds ownership: 71.62% → 71.14% (-0.48%)
3% less funds holding
Funds holding: 117 → 114 (-3)
14% less capital inflows, than outflows
Capital inflows: $9.9M | Capital outflows: $11.5M
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wedge Capital Management
Charlotte,
North Carolina
|
+$1.78M |
| 2 |
Winton Group
London,
United Kingdom
|
+$1.11M |
| 3 |
SM
Salzhauer Michael
|
+$986K |
| 4 |
Goldman Sachs
New York
|
+$902K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Martingale Asset Management
Boston,
Massachusetts
|
-$1.21M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$1.09M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.04M |
| 4 |
Royce & Associates
New York
|
-$915K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$847K |
FRST Hedge Fund Activity: Q3 2019 in Review
114 of the 4,576 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.