First South Bancorp Inc/VA
FSBK
FSBK was delisted on the 31st of October, 2017.
27 hedge funds and large institutions have $16.2M invested in First South Bancorp Inc/VA in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
7% more capital invested
Capital invested by funds: $15.1M → $16.2M (+$1.05M)
10% less funds holding
Funds holding: 30 → 27 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$209K |
| 2 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$106K |
| 3 |
Renaissance Technologies
New York
|
+$101K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$73.6K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$738K |
| 2 |
BL
Balentine LLC
Atlanta,
Georgia
|
-$206K |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$205K |
| 4 |
MCM
Maltese Capital Management
New York
|
-$174K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | +$996 | +113 | New |
|
|
BL
27
Balentine LLC
Atlanta,
Georgia
| – | -$206K | -25,000 | Closed |
|
|
KA
28
Kerrisdale Advisers
Miami,
Florida
| – | -$205K | -24,881 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$128K | -15,566 | Closed |
|
|
BCM
30
BHZ Capital Management
San Jose,
California
| – | -$102K | -12,334 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$9K | -1,142 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | +$18 | +2 | New |
|
FSBK Hedge Fund Activity: Q2 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First South Bancorp Inc/VA (FSBK) for Q2 2016, worth a combined $16.2M — up 7% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FSBK and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $209K. The largest seller was Basswood Capital Management, cutting an estimated $738K.
- 27 institutional investors held First South Bancorp Inc/VA (FSBK) as of Q2 2016, down from 30 in Q1 2016.
- Funds reported $16.2M of First South Bancorp Inc/VA stock for Q2 2016, up 7% quarter-over-quarter.
- 3 funds opened new First South Bancorp Inc/VA positions in Q2 2016 and 6 closed out, a net change of -3 holders.
- The largest First South Bancorp Inc/VA buyer in Q2 2016 was Bridgeway Capital Management, an estimated $209K added.
- The largest First South Bancorp Inc/VA seller in Q2 2016 was Basswood Capital Management, an estimated $738K sold.
Based on aggregated 13F filings for Q2 2016.