Primis Financial Corp
FRST
97 hedge funds and large institutions have $222M invested in Primis Financial Corp in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 37 reducing their positions, and 24 closing their positions.
17% more capital invested
Capital invested by funds: $190M → $222M (+$31.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 110 → 97 (-13)
35% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 37
54% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$3.73M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$3.62M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$983K |
| 4 |
BlackRock
New York
|
+$880K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.9M |
| 2 |
Bank of New York Mellon
New York
|
-$1.64M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$1.4M |
| 4 |
Renaissance Technologies
New York
|
-$1.17M |
| 5 |
State Street
Boston,
Massachusetts
|
-$882K |
FRST Hedge Fund Activity: Q1 2021 in Review
97 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q1 2021, worth a combined $222M — up 17% from $190M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of FRST and 11 opened new positions — a net loss of 13 holders — while 37 trimmed existing stakes and 24 added.
The largest buyer was Russell Investments Group, adding an estimated $3.73M. The largest seller was BHZ Capital Management, exiting entirely with an estimated $2.9M sold.
- 97 institutional investors held Primis Financial Corp (FRST) as of Q1 2021, down from 110 in Q4 2020.
- Funds reported $222M of Primis Financial Corp stock for Q1 2021, up 17% quarter-over-quarter.
- 11 funds opened new Primis Financial Corp positions in Q1 2021 and 24 closed out, a net change of -13 holders.
- The largest Primis Financial Corp buyer in Q1 2021 was Russell Investments Group, an estimated $3.73M added.
- The largest Primis Financial Corp seller in Q1 2021 was BHZ Capital Management, an estimated $2.9M sold.
Based on aggregated 13F filings for Q1 2021.