Primis Financial Corp
FRST
105 hedge funds and large institutions have $247M invested in Primis Financial Corp in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
66.18% more ownership
Funds ownership: 0% → 66.18% (+66%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $222M → $247M (+$25.1M)
8% more funds holding
Funds holding: 97 → 105 (+8)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.6M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$4.61M |
| 3 |
RA
Royce & Associates
New York
|
+$3.35M |
| 4 |
Bank of New York Mellon
New York
|
+$2.15M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$7.36M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.91M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$2.15M |
| 4 |
Renaissance Technologies
New York
|
-$1.53M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
FRST Hedge Fund Activity: Q2 2021 in Review
105 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q2 2021, worth a combined $247M — up 11% from $222M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRST positions and 7 closed out — a net gain of 8 holders — while 31 added to existing stakes and 34 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.6M. The largest seller was Banc Funds Company, cutting an estimated $7.36M.
- 105 institutional investors held Primis Financial Corp (FRST) as of Q2 2021, up from 97 in Q1 2021.
- Funds reported $247M of Primis Financial Corp stock for Q2 2021, up 11% quarter-over-quarter.
- 15 funds opened new Primis Financial Corp positions in Q2 2021 and 7 closed out, a net change of +8 holders.
- The largest Primis Financial Corp buyer in Q2 2021 was Wellington Management Group, an estimated $18.6M added.
- The largest Primis Financial Corp seller in Q2 2021 was Banc Funds Company, an estimated $7.36M sold.
Based on aggregated 13F filings for Q2 2021.