Primis Financial Corp
FRST
125 hedge funds and large institutions have $197M invested in Primis Financial Corp in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 16 closing their positions.
150% more call options, than puts
Call options by funds: $5K | Put options by funds: $2K
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
6% more funds holding
Funds holding: 118 → 125 (+7)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.58% less ownership
Funds ownership: 75.06% → 72.48% (-2.6%)
13% less capital invested
Capital invested by funds: $227M → $197M (-$29.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.5M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$1.88M |
| 3 |
Two Sigma Advisers
New York
|
+$400K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$344K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$8.95M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.43M |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$807K |
| 4 |
Millennium Management
New York
|
-$699K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$656K |
FRST Hedge Fund Activity: Q2 2024 in Review
125 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Primis Financial Corp (FRST) for Q2 2024, worth a combined $197M — down 13% from $227M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FRST positions and 16 closed out — a net gain of 8 holders — while 47 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $2.5M. The largest seller was Mendon Capital Advisors, cutting an estimated $8.95M.
- 125 institutional investors held Primis Financial Corp (FRST) as of Q2 2024, up from 118 in Q1 2024.
- Funds reported $197M of Primis Financial Corp stock for Q2 2024, down 13% quarter-over-quarter.
- 24 funds opened new Primis Financial Corp positions in Q2 2024 and 16 closed out, a net change of +8 holders.
- The largest Primis Financial Corp buyer in Q2 2024 was BlackRock, an estimated $2.5M added.
- The largest Primis Financial Corp seller in Q2 2024 was Mendon Capital Advisors, an estimated $8.95M sold.
Based on aggregated 13F filings for Q2 2024.