First National Corp
FXNC
28 hedge funds and large institutions have $37.7M invested in First National Corp in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $32.3M → $37.7M (+$5.34M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
8% more funds holding
Funds holding: 26 → 28 (+2)
1.33% more ownership
Funds ownership: 33.81% → 35.14% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$415K |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$322K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$251K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$66.5K |
| 5 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$37.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$548K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$195K |
| 3 |
Millennium Management
New York
|
-$170K |
| 4 |
Jane Street
New York
|
-$158K |
| 5 |
Bank of New York Mellon
New York
|
-$54.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
27
Morgan Stanley
New York
| $2.21K | -$31.1K | -1,837 | -93% |
|
|
TSW
28
Thompson Siegel & Walmsley
Richmond,
Virginia
| $2K | – | – | – |
|
|
29
Millennium Management
New York
| – | -$170K | -11,098 | Closed |
|
|
30
Jane Street
New York
| – | -$158K | -10,309 | Closed |
|
FXNC Hedge Fund Activity: Q4 2022 in Review
28 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q4 2022, worth a combined $37.7M — up 17% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FXNC positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was River Oaks Capital, adding an estimated $415K. The largest seller was Vanguard Group, cutting an estimated $548K.
- 28 institutional investors held First National Corp (FXNC) as of Q4 2022, up from 26 in Q3 2022.
- Funds reported $37.7M of First National Corp stock for Q4 2022, up 17% quarter-over-quarter.
- 4 funds opened new First National Corp positions in Q4 2022 and 2 closed out, a net change of +2 holders.
- The largest First National Corp buyer in Q4 2022 was River Oaks Capital, an estimated $415K added.
- The largest First National Corp seller in Q4 2022 was Vanguard Group, an estimated $548K sold.
Based on aggregated 13F filings for Q4 2022.