First National Corp
FXNC
18 hedge funds and large institutions have $19.4M invested in First National Corp in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% less capital invested
Capital invested by funds: $19.5M → $19.4M (-$90K)
0.83% less ownership
Funds ownership: 23.75% → 22.92% (-0.83%)
14% less funds holding
Funds holding: 21 → 18 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$761K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$207K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$58.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.96K |
| 5 |
Millennium Management
New York
|
+$1.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$969K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$342K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$169K |
| 4 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
-$82K |
| 5 |
Morgan Stanley
New York
|
-$65.5K |
FXNC Hedge Fund Activity: Q1 2021 in Review
18 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First National Corp (FXNC) for Q1 2021, worth a combined $19.4M — down 0.46% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FXNC and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Cutler Capital Management, adding an estimated $761K. The largest seller was Coastal Bridge Advisors, exiting entirely with an estimated $969K sold.
- 18 institutional investors held First National Corp (FXNC) as of Q1 2021, down from 21 in Q4 2020.
- Funds reported $19.4M of First National Corp stock for Q1 2021, down 0.46% quarter-over-quarter.
- 2 funds opened new First National Corp positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest First National Corp buyer in Q1 2021 was Cutler Capital Management, an estimated $761K added.
- The largest First National Corp seller in Q1 2021 was Coastal Bridge Advisors, an estimated $969K sold.
Based on aggregated 13F filings for Q1 2021.