Southern First Bancshares
SFST
92 hedge funds and large institutions have $237M invested in Southern First Bancshares in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
41% more capital invested
Capital invested by funds: $169M → $237M (+$68.5M)
6% more funds holding
Funds holding: 87 → 92 (+5)
1.48% more ownership
Funds ownership: 77.61% → 79.09% (+1.5%)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.1M |
| 2 |
BlackRock
New York
|
+$1.23M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$969K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$911K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$809K |
| 2 |
State Street
Boston,
Massachusetts
|
-$508K |
| 3 |
Goldman Sachs
New York
|
-$339K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$226K |
| 5 |
Two Sigma Advisers
New York
|
-$169K |
SFST Hedge Fund Activity: Q4 2023 in Review
92 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Southern First Bancshares (SFST) for Q4 2023, worth a combined $237M — up 41% from $169M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SFST positions and 4 closed out — a net gain of 6 holders — while 27 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.1M. The largest seller was Fifth Third Bancorp, exiting entirely with an estimated $809K sold.
- 92 institutional investors held Southern First Bancshares (SFST) as of Q4 2023, up from 87 in Q3 2023.
- Funds reported $237M of Southern First Bancshares stock for Q4 2023, up 41% quarter-over-quarter.
- 10 funds opened new Southern First Bancshares positions in Q4 2023 and 4 closed out, a net change of +6 holders.
- The largest Southern First Bancshares buyer in Q4 2023 was Morgan Stanley, an estimated $2.1M added.
- The largest Southern First Bancshares seller in Q4 2023 was Fifth Third Bancorp, an estimated $809K sold.
Based on aggregated 13F filings for Q4 2023.