First National Corp
FXNC
28 hedge funds and large institutions have $36.6M invested in First National Corp in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 27 → 28 (+1)
2.05% more ownership
Funds ownership: 33.93% → 35.99% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
21% less capital invested
Capital invested by funds: $46.2M → $36.6M (-$9.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$416K |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$199K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$117K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$46.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$273K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$217K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$32.4K |
| 4 |
Morgan Stanley
New York
|
-$27.6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$21.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $1.46K | +$1.73K | +90 | New |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $861 | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $488 | -$3.98K | -207 | -87% |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$273K | -12,559 | Closed |
|
|
30
Bank of America
Charlotte,
North Carolina
| – | -$21.2K | -973 | Closed |
|
|
A
31
AJOVista
Boston,
Massachusetts
| – | -$11.9K | -545 | Closed |
|
FXNC Hedge Fund Activity: Q1 2024 in Review
28 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q1 2024, worth a combined $36.6M — down 21% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FXNC positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $1.71M. The largest seller was Citadel Advisors, exiting entirely with an estimated $273K sold.
- 28 institutional investors held First National Corp (FXNC) as of Q1 2024, up from 27 in Q4 2023.
- Funds reported $36.6M of First National Corp stock for Q1 2024, down 21% quarter-over-quarter.
- 4 funds opened new First National Corp positions in Q1 2024 and 3 closed out, a net change of +1 holder.
- The largest First National Corp buyer in Q1 2024 was Fourthstone LLC, an estimated $1.71M added.
- The largest First National Corp seller in Q1 2024 was Citadel Advisors, an estimated $273K sold.
Based on aggregated 13F filings for Q1 2024.