Primis Financial Corp
FRST
114 hedge funds and large institutions have $234M invested in Primis Financial Corp in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
65% more capital invested
Capital invested by funds: $142M → $234M (+$91.7M)
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
9% more funds holding
Funds holding: 105 → 114 (+9)
4.23% more ownership
Funds ownership: 70.6% → 74.83% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.02M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.95M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$1.91M |
| 4 |
BlackRock
New York
|
+$1.61M |
| 5 |
Millennium Management
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.71M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$3.21M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.87M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.25M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$431K |
FRST Hedge Fund Activity: Q4 2023 in Review
114 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q4 2023, worth a combined $234M — up 65% from $142M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FRST positions and 12 closed out — a net gain of 9 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $3.02M. The largest seller was Wellington Management Group, exiting entirely with an estimated $8.71M sold.
- 114 institutional investors held Primis Financial Corp (FRST) as of Q4 2023, up from 105 in Q3 2023.
- Funds reported $234M of Primis Financial Corp stock for Q4 2023, up 65% quarter-over-quarter.
- 21 funds opened new Primis Financial Corp positions in Q4 2023 and 12 closed out, a net change of +9 holders.
- The largest Primis Financial Corp buyer in Q4 2023 was Curi RMB Capital, an estimated $3.02M added.
- The largest Primis Financial Corp seller in Q4 2023 was Wellington Management Group, an estimated $8.71M sold.
Based on aggregated 13F filings for Q4 2023.