Southern First Bancshares
SFST
75 hedge funds and large institutions have $140M invested in Southern First Bancshares in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 74.9% → 74.57% (-0.33%)
3% less funds holding
Funds holding: 77 → 75 (-2)
13% less capital invested
Capital invested by funds: $160M → $140M (-$20.2M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.81M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$2.24M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.15M |
| 5 |
VFP
Verus Financial Partners
Richmond,
Virginia
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.52M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.55M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.29M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$618K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$517K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
76
Raymond James & Associates
St Petersburg,
Florida
| – | -$262K | -9,453 | Closed |
|
|
PPA
77
Parametric Portfolio Associates
Seattle,
Washington
| – | -$245K | -8,846 | Closed |
|
|
TI
78
Trexquant Investment
Stamford,
Connecticut
| – | -$244K | -8,788 | Closed |
|
79
Citadel Advisors
Miami,
Florida
| – | -$234K | -8,428 | Closed |
|
|
KCM
80
Kennedy Capital Management
St Louis,
Missouri
| – | -$224K | -8,067 | Closed |
|
81
SG Americas Securities
New York
| – | -$109K | -3,945 | Closed |
|
|
SIC
82
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$28K | -1,000 | Closed |
|
|
QCG
83
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -36 | Closed |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | +$329 | +13 | New |
|
SFST Hedge Fund Activity: Q3 2020 in Review
75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Southern First Bancshares (SFST) for Q3 2020, worth a combined $140M — down 13% from $160M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SFST and 8 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 26 added.
The largest buyer was EJF Capital, adding an estimated $2.81M. The largest seller was Banc Funds Company, cutting an estimated $2.52M.
- 75 institutional investors held Southern First Bancshares (SFST) as of Q3 2020, down from 77 in Q2 2020.
- Funds reported $140M of Southern First Bancshares stock for Q3 2020, down 13% quarter-over-quarter.
- 8 funds opened new Southern First Bancshares positions in Q3 2020 and 10 closed out, a net change of -2 holders.
- The largest Southern First Bancshares buyer in Q3 2020 was EJF Capital, an estimated $2.81M added.
- The largest Southern First Bancshares seller in Q3 2020 was Banc Funds Company, an estimated $2.52M sold.
Based on aggregated 13F filings for Q3 2020.