Primis Financial Corp
FRST
102 hedge funds and large institutions have $155M invested in Primis Financial Corp in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 36 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% less capital invested
Capital invested by funds: $171M → $155M (-$15.8M)
10% less funds holding
Funds holding: 113 → 102 (-11)
14% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 36
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$4.35M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.33M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.32M |
| 4 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$920K |
| 5 |
BlackRock
New York
|
+$690K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.9M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.4M |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$942K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$854K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$696K |
FRST Hedge Fund Activity: Q3 2020 in Review
102 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q3 2020, worth a combined $155M — down 9.3% from $171M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FRST and 9 opened new positions — a net loss of 11 holders — while 36 trimmed existing stakes and 31 added.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $4.35M. The largest seller was Royce & Associates, exiting entirely with an estimated $1.9M sold.
- 102 institutional investors held Primis Financial Corp (FRST) as of Q3 2020, down from 113 in Q2 2020.
- Funds reported $155M of Primis Financial Corp stock for Q3 2020, down 9.3% quarter-over-quarter.
- 9 funds opened new Primis Financial Corp positions in Q3 2020 and 20 closed out, a net change of -11 holders.
- The largest Primis Financial Corp buyer in Q3 2020 was Patriot Financial Partners, an estimated $4.35M added.
- The largest Primis Financial Corp seller in Q3 2020 was Royce & Associates, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2020.