First National Corp
FXNC
27 hedge funds and large institutions have $37.4M invested in First National Corp in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
8% more funds holding
Funds holding: 25 → 27 (+2)
3% more capital invested
Capital invested by funds: $36.4M → $37.4M (+$1.02M)
1.03% less ownership
Funds ownership: 35.3% → 34.27% (-1%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$314K |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$173K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$49.7K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$2.77M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$1.72M |
| 3 |
BlackRock
New York
|
-$72.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.6K |
| 5 |
Bank of New York Mellon
New York
|
-$7.52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $2.45K | +$2.37K | +139 | New |
|
|
TSW
27
Thompson Siegel & Walmsley
Richmond,
Virginia
| $2K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| – | -$1.67K | -101 | Closed |
|
FXNC Hedge Fund Activity: Q3 2023 in Review
27 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q3 2023, worth a combined $37.4M — up 2.8% from $36.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FXNC positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.85M. The largest seller was Fourthstone LLC, cutting an estimated $2.77M.
- 27 institutional investors held First National Corp (FXNC) as of Q3 2023, up from 25 in Q2 2023.
- Funds reported $37.4M of First National Corp stock for Q3 2023, up 2.8% quarter-over-quarter.
- 3 funds opened new First National Corp positions in Q3 2023 and 1 closed out, a net change of +2 holders.
- The largest First National Corp buyer in Q3 2023 was Vanguard Group, an estimated $2.85M added.
- The largest First National Corp seller in Q3 2023 was Fourthstone LLC, an estimated $2.77M sold.
Based on aggregated 13F filings for Q3 2023.