Primis Financial Corp
FRST
109 hedge funds and large institutions have $288M invested in Primis Financial Corp in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 10 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
9% more capital invested
Capital invested by funds: $264M → $288M (+$23.3M)
4% less funds holding
Funds holding: 114 → 109 (-5)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.61M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$4.12M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.25M |
| 4 |
Two Sigma Investments
New York
|
+$1.32M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.46M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$1.01M |
| 3 |
RA
Royce & Associates
New York
|
-$790K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$718K |
| 5 |
QCMA
Quad Capital Management Advisors
New York
|
-$662K |
FRST Hedge Fund Activity: Q4 2019 in Review
109 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q4 2019, worth a combined $288M — up 8.8% from $264M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FRST and 7 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 36 added.
The largest buyer was Kennedy Capital Management, adding an estimated $4.61M. The largest seller was Wellington Management Group, exiting entirely with an estimated $8.46M sold.
- 109 institutional investors held Primis Financial Corp (FRST) as of Q4 2019, down from 114 in Q3 2019.
- Funds reported $288M of Primis Financial Corp stock for Q4 2019, up 8.8% quarter-over-quarter.
- 7 funds opened new Primis Financial Corp positions in Q4 2019 and 10 closed out, a net change of -3 holders.
- The largest Primis Financial Corp buyer in Q4 2019 was Kennedy Capital Management, an estimated $4.61M added.
- The largest Primis Financial Corp seller in Q4 2019 was Wellington Management Group, an estimated $8.46M sold.
Based on aggregated 13F filings for Q4 2019.