Primis Financial Corp
FRST
119 hedge funds and large institutions have $227M invested in Primis Financial Corp in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
4% more funds holding
Funds holding: 114 → 119 (+5)
0.23% more ownership
Funds ownership: 74.83% → 75.06% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less capital invested
Capital invested by funds: $234M → $227M (-$6.75M)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.48M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.84M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.81M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.41M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$10M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.65M |
| 3 |
BlackRock
New York
|
-$1.45M |
| 4 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$521K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$479K |
FRST Hedge Fund Activity: Q1 2024 in Review
119 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q1 2024, worth a combined $227M — down 2.9% from $234M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRST positions and 10 closed out — a net gain of 5 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was Patriot Financial Partners, adding an estimated $2.48M. The largest seller was Fourthstone LLC, cutting an estimated $10M.
- 119 institutional investors held Primis Financial Corp (FRST) as of Q1 2024, up from 114 in Q4 2023.
- Funds reported $227M of Primis Financial Corp stock for Q1 2024, down 2.9% quarter-over-quarter.
- 15 funds opened new Primis Financial Corp positions in Q1 2024 and 10 closed out, a net change of +5 holders.
- The largest Primis Financial Corp buyer in Q1 2024 was Patriot Financial Partners, an estimated $2.48M added.
- The largest Primis Financial Corp seller in Q1 2024 was Fourthstone LLC, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2024.