Southern First Bancshares
SFST
75 hedge funds and large institutions have $203M invested in Southern First Bancshares in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 75 → 75 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 69.83% → 69.69% (-0.15%)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
11% less capital invested
Capital invested by funds: $228M → $203M (-$24.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.6M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.42M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.11M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.03M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$2.18M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.79M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.7M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$675K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$641K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
76
EAM Investors
Solana Beach,
California
| – | -$675K | -15,277 | Closed |
|
77
VOYA Investment Management
Atlanta,
Georgia
| – | -$220K | -4,967 | Closed |
|
|
CTA
78
Colonial Trust Advisors
Spartanburg,
South Carolina
| – | -$200K | -4,530 | Closed |
|
|
PIA
79
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$5K | -119 | Closed |
|
SFST Hedge Fund Activity: Q3 2018 in Review
75 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Southern First Bancshares (SFST) for Q3 2018, worth a combined $203M — down 11% from $228M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SFST positions and 4 closed out — a net gain of 1 holder — while 26 added to existing stakes and 27 trimmed.
The largest buyer was Penn Capital Management, adding an estimated $2.6M. The largest seller was MassMutual Private Wealth & Trust, cutting an estimated $2.18M.
- 75 institutional investors held Southern First Bancshares (SFST) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $203M of Southern First Bancshares stock for Q3 2018, down 11% quarter-over-quarter.
- 5 funds opened new Southern First Bancshares positions in Q3 2018 and 4 closed out, a net change of +1 holder.
- The largest Southern First Bancshares buyer in Q3 2018 was Penn Capital Management, an estimated $2.6M added.
- The largest Southern First Bancshares seller in Q3 2018 was MassMutual Private Wealth & Trust, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2018.