First National Corp
FXNC
17 hedge funds and large institutions have $14.2M invested in First National Corp in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
0.35% more ownership
Funds ownership: 20.65% → 21% (+0.35%)
9% less capital invested
Capital invested by funds: $15.5M → $14.2M (-$1.34M)
11% less funds holding
Funds holding: 19 → 17 (-2)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$522K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.07K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.91K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.24K |
Top Sellers
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$443K |
| 2 |
Goldman Sachs
New York
|
-$157K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$65.9K |
| 4 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$14.8K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$4.37K |
FXNC Hedge Fund Activity: Q2 2020 in Review
17 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q2 2020, worth a combined $14.2M — down 8.6% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FXNC and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Fourthstone LLC, adding an estimated $522K. The largest seller was EJF Capital, exiting entirely with an estimated $443K sold.
- 17 institutional investors held First National Corp (FXNC) as of Q2 2020, down from 19 in Q1 2020.
- Funds reported $14.2M of First National Corp stock for Q2 2020, down 8.6% quarter-over-quarter.
- 1 fund opened new First National Corp positions in Q2 2020 and 3 closed out, a net change of -2 holders.
- The largest First National Corp buyer in Q2 2020 was Fourthstone LLC, an estimated $522K added.
- The largest First National Corp seller in Q2 2020 was EJF Capital, an estimated $443K sold.
Based on aggregated 13F filings for Q2 2020.