Southern First Bancshares
SFST
77 hedge funds and large institutions have $160M invested in Southern First Bancshares in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 9 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 74 → 77 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 75.56% → 74.9% (-0.66%)
3% less capital invested
Capital invested by funds: $165M → $160M (-$5.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.26M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.51M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$604K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$531K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.19M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$1.65M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.41M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.26M |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
76
Quadrant Capital Group
Cincinnati,
Ohio
| $1K | +$977 | +36 | New |
|
|
CIC
77
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$737K | -25,995 | Closed |
|
|
GC
78
Globeflex Capital
San Diego,
California
| – | -$472K | -16,631 | Closed |
|
|
GCA
79
Greenwood Capital Associates
Greenwood,
South Carolina
| – | -$257K | -9,045 | Closed |
|
|
MIM
80
MetLife Investment Management
Whippany,
New Jersey
| – | -$97K | -3,419 | Closed |
|
|
MLICM
81
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$68.9K | -2,428 | Closed |
|
82
Victory Capital Management
San Antonio,
Texas
| – | -$58K | -2,074 | Closed |
|
|
MCM
83
McMillion Capital Management
Greensboro,
North Carolina
| – | -$30K | -1,060 | Closed |
|
|
MAM
84
Meeder Asset Management
Dublin,
Ohio
| – | -$30K | -1,051 | Closed |
|
|
CAW
85
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$3K | -109 | Closed |
|
86
Osaic Holdings
Scottsdale,
Arizona
| – | +$244 | +9 | New |
|
SFST Hedge Fund Activity: Q2 2020 in Review
77 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Southern First Bancshares (SFST) for Q2 2020, worth a combined $160M — down 3.1% from $165M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SFST positions and 9 closed out — a net gain of 3 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.26M. The largest seller was Banc Funds Company, cutting an estimated $2.19M.
- 77 institutional investors held Southern First Bancshares (SFST) as of Q2 2020, up from 74 in Q1 2020.
- Funds reported $160M of Southern First Bancshares stock for Q2 2020, down 3.1% quarter-over-quarter.
- 12 funds opened new Southern First Bancshares positions in Q2 2020 and 9 closed out, a net change of +3 holders.
- The largest Southern First Bancshares buyer in Q2 2020 was Ameriprise, an estimated $2.26M added.
- The largest Southern First Bancshares seller in Q2 2020 was Banc Funds Company, an estimated $2.19M sold.
Based on aggregated 13F filings for Q2 2020.