Southern First Bancshares
SFST
76 hedge funds and large institutions have $218M invested in Southern First Bancshares in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
20% more capital invested
Capital invested by funds: $181M → $218M (+$37M)
6% more funds holding
Funds holding: 72 → 76 (+4)
2.69% more ownership
Funds ownership: 71.44% → 74.14% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$2.7M |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$2.33M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.28M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$2.02M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.77M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.2M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.17M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$734K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$651K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAW
76
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $4K | +$3.19K | +88 | +419% |
|
77
SG Americas Securities
New York
| – | -$148K | -4,381 | Closed |
|
|
PCP
78
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -27 | Closed |
|
SFST Hedge Fund Activity: Q2 2019 in Review
76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Southern First Bancshares (SFST) for Q2 2019, worth a combined $218M — up 20% from $181M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SFST positions and 3 closed out — a net gain of 6 holders — while 30 added to existing stakes and 19 trimmed.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $2.7M. The largest seller was Curi RMB Capital, cutting an estimated $1.77M.
- 76 institutional investors held Southern First Bancshares (SFST) as of Q2 2019, up from 72 in Q1 2019.
- Funds reported $218M of Southern First Bancshares stock for Q2 2019, up 20% quarter-over-quarter.
- 9 funds opened new Southern First Bancshares positions in Q2 2019 and 3 closed out, a net change of +6 holders.
- The largest Southern First Bancshares buyer in Q2 2019 was Wedge Capital Management, an estimated $2.7M added.
- The largest Southern First Bancshares seller in Q2 2019 was Curi RMB Capital, an estimated $1.77M sold.
Based on aggregated 13F filings for Q2 2019.