Primis Financial Corp
FRST
107 hedge funds and large institutions have $147M invested in Primis Financial Corp in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 37 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
3% more funds holding
Funds holding: 104 → 107 (+3)
0.8% more ownership
Funds ownership: 69.73% → 70.53% (+0.8%)
12% less capital invested
Capital invested by funds: $166M → $147M (-$19.1M)
24% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 37
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.91M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$738K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$581K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$554K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.9M |
| 2 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
-$1.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.05M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$967K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
-$544K |
FRST Hedge Fund Activity: Q2 2023 in Review
107 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q2 2023, worth a combined $147M — down 12% from $166M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRST positions and 9 closed out — a net gain of 3 holders — while 28 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock, adding an estimated $3.91M. The largest seller was Wellington Management Group, cutting an estimated $1.9M.
- 107 institutional investors held Primis Financial Corp (FRST) as of Q2 2023, up from 104 in Q1 2023.
- Funds reported $147M of Primis Financial Corp stock for Q2 2023, down 12% quarter-over-quarter.
- 12 funds opened new Primis Financial Corp positions in Q2 2023 and 9 closed out, a net change of +3 holders.
- The largest Primis Financial Corp buyer in Q2 2023 was BlackRock, an estimated $3.91M added.
- The largest Primis Financial Corp seller in Q2 2023 was Wellington Management Group, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2023.