First National Corp
FXNC
25 hedge funds and large institutions have $36.4M invested in First National Corp in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $33.4M → $36.4M (+$3.01M)
1.6% more ownership
Funds ownership: 33.7% → 35.3% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
4% less funds holding
Funds holding: 26 → 25 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.88M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$274K |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$191K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$105K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$391K |
| 2 |
GLLW
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
|
-$184K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$50.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$10.7K |
| 5 |
Bank of New York Mellon
New York
|
-$4.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
BHZ Capital Management
San Jose,
California
| – | -$391K | -24,740 | Closed |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$10.7K | -674 | Closed |
|
FXNC Hedge Fund Activity: Q2 2023 in Review
25 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q2 2023, worth a combined $36.4M — up 9% from $33.4M a quarter earlier.
Fund positioning in FXNC was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 4 trimmed.
The largest buyer was Coppell Advisory Solutions, adding an estimated $1.88M. The largest seller was BHZ Capital Management, exiting entirely with an estimated $391K sold.
- 25 institutional investors held First National Corp (FXNC) as of Q2 2023, down from 26 in Q1 2023.
- Funds reported $36.4M of First National Corp stock for Q2 2023, up 9% quarter-over-quarter.
- 2 funds opened new First National Corp positions in Q2 2023 and 2 closed out, a net change of 0 holders.
- The largest First National Corp buyer in Q2 2023 was Coppell Advisory Solutions, an estimated $1.88M added.
- The largest First National Corp seller in Q2 2023 was BHZ Capital Management, an estimated $391K sold.
Based on aggregated 13F filings for Q2 2023.