First National Corp
FXNC
27 hedge funds and large institutions have $34.1M invested in First National Corp in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.23% less ownership
Funds ownership: 35.99% → 35.75% (-0.23%)
4% less funds holding
Funds holding: 28 → 27 (-1)
7% less capital invested
Capital invested by funds: $36.6M → $34.1M (-$2.53M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$223K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$76.9K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$26.6K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$24.5K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$185K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$164K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$122K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$42.4K |
| 5 |
Citigroup
New York
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IC
26
Innealta Capital
Austin,
Texas
| $441 | +$446 | +29 | New |
|
|
27
Qube Research & Technologies (QRT)
London,
United Kingdom
| $30 | -$185K | -12,060 | -100% |
|
|
28
Northern Trust
Chicago,
Illinois
| – | -$164K | -10,060 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$1.46K | -90 | Closed |
|
30
Osaic Holdings
Scottsdale,
Arizona
| – | -$861 | -53 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$488 | -30 | Closed |
|
FXNC Hedge Fund Activity: Q2 2024 in Review
27 of the 6,927 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q2 2024, worth a combined $34.1M — down 6.9% from $36.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FXNC and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Wealthcare Advisory Partners, opening a new position worth an estimated $223K. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $185K.
- 27 institutional investors held First National Corp (FXNC) as of Q2 2024, down from 28 in Q1 2024.
- Funds reported $34.1M of First National Corp stock for Q2 2024, down 6.9% quarter-over-quarter.
- 3 funds opened new First National Corp positions in Q2 2024 and 4 closed out, a net change of -1 holder.
- The largest First National Corp buyer in Q2 2024 was Wealthcare Advisory Partners, an estimated $223K added.
- The largest First National Corp seller in Q2 2024 was Qube Research & Technologies (QRT), an estimated $185K sold.
Based on aggregated 13F filings for Q2 2024.