Primis Financial Corp.

FRST • NASDAQ

Primis Financial Corp. is a banks - regional company in the financial services sector on NASDAQ, led by Dennis J. Zember, Jr., with a market cap of $329.7M. As of Q3 2025, 74% of shares are held by 119 institutional investors, with BlackRock, Inc. as the largest holder at 8.18%.

President and Chief Executive OfficerDennis J. Zember, Jr.

Market Cap$329.7M

Banks - Regional

Financial Services

Employees565.0

Websiteprimisbank.com

Country

United States of America

Overview

Overview of institutional ownership in FRST as of Q3 2025 with a market cap of $259.0M

All Institutions

Institutions: 119
Value Held: $192.8M
Shares Held: 18.3M
Avg Position: $1.6M
Median Position: $167.1K

Hedge Funds

Hedge Funds: 19
Value Held: $58.3M
Shares Held: 5.5M
Avg Position: $3.1M
Median Position: $848.4K

Ownership Breakdown

Institutional (non-HF)

51.93%

$134.5M

Hedge Funds

22.52%

$58.3M

Retail & Other

25.55%

$66.2M

Based on market cap of $259.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FRST as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$21.2M 0.00% of portfolio	8.18% 2.0M shares	Q2 2016 Held for 9y 5m	$5.67T
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	Anton Villars Schutz President	$12.8M 5.78% of portfolio	4.94% 1.2M shares	Q4 2023 Held for 1y 11m	$221.8M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$12.7M 0.00% of portfolio	4.91% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$12.7M 0.00% of portfolio	4.90% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$11.5M 0.00% of portfolio	4.43% 1.1M shares	Q1 2022 Held for 3y 8m	$317.45B
R RMB Capital Management, LLC RIA/Wealth	Dimitri Peter Eliopoulos CEO	$10.5M 0.19% of portfolio	4.07% 1.0M shares	Q2 2022 Held for 3y 5m	$5.4B
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	Terry Anthony Maltese President	$10.4M 1.61% of portfolio	4.00% 986.9K shares	Q1 2018 Held for 7y 8m	$646.2M
N North Reef Capital Management LP Hedge Fund•Long/Short	Daniel Mariano Locasto COO	$10.2M 0.48% of portfolio	3.96% 974.9K shares	Q3 2025 Held for 2 months	$2.1B
B BANC FUNDS CO LLC Institution	-	$9.4M 2.28% of portfolio	3.62% 892.4K shares	≤ Q2 2013 Held for 12y 5m+	$411.3M
S SALZHAUER MICHAEL Institution	-	$8.0M 4.19% of portfolio	3.08% 758.9K shares	Q4 2013 Held for 11y 11m	$190.4M

Net Capital Flow

Institutional buying and selling activity for FRST in Q3 2025

Traded: +$536.9K
Buyers: 58
Sellers: 44
Total Bought: +$21.2M
Total Sold: −$20.7M
Avg Position: $1.5M

Biggest Buyers

Institution	Net Bought	Current Position
N North Reef Capital Management LP Hedge Fund•Long/Short	+$10.2M +974.9K shares	$10.2M 974.9K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$3.5M +336.1K shares	$11.5M 1.1M shares
Fourthstone LLC Hedge Fund•Long/Short	+$1.4M +130.7K shares	$7.4M 706.9K shares
B BlackRock, Inc. Institution	+$809.2K +77.0K shares	$21.2M 2.0M shares
N Nuveen, LLC Institution	+$557.7K +53.1K shares	$1.5M 144.8K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$544.1K +51.8K shares	$848.4K 80.7K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$501.1K +47.7K shares	$1.5M 146.4K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$486.6K +46.3K shares	$1.7M 162.7K shares
GOLDMAN SACHS GROUP INC Institution	+$389.0K +37.0K shares	$872.9K 83.1K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$345.7K +32.9K shares	$345.7K 32.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BANC FUNDS CO LLC Institution	−$5.0M −476.7K shares	$9.4M 892.4K shares
R rhino investment partners, Inc Hedge Fund•Value	−$5.0M −456.5K shares	Sold Off 0 shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	−$3.9M −372.5K shares	$1.6M 155.0K shares
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	−$890.9K −84.6K shares	$12.8M 1.2M shares
Trexquant Investment LP Hedge Fund•Quant	−$674.3K −62.1K shares	Sold Off 0 shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$611.3K −58.2K shares	$1.6M 150.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$433.2K −41.2K shares	$648.5K 61.7K shares
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	−$404.8K −38.5K shares	$10.4M 986.9K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	−$380.7K −36.2K shares	$300.7K 28.6K shares
MORGAN STANLEY RIA/Wealth	−$332.9K −31.7K shares	$1.5M 145.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FRST in Q3 2025

New Positions: 7
New Value: $10.4M
Exited Positions: 9
Exited Value: $6.6M

New Positions

Institution	Position Value
N North Reef Capital Management LP Hedge Fund•Long/Short	$10.2M 974.9K shares
IEQ CAPITAL, LLC RIA/Wealth	$128.3K 12.2K shares
Rockefeller Capital Management L.P. Long Only Manager	$24.3K 2.3K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$17.1K 1.6K shares
Sontag Advisory, LLC RIA/Wealth	$5.3K 503.0 shares
O Optiver Holding B.V. Institution	$4.1K 390.0 shares
Farther Finance Advisors, LLC RIA/Wealth	$662.0 63.0 shares

Exited Positions

Institution	Previous Position
R rhino investment partners, Inc Hedge Fund•Value	$5.0M 456.5K shares
Trexquant Investment LP Hedge Fund•Quant	$674.3K 62.1K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$283.6K 26.1K shares
O OXFORD ASSET MANAGEMENT Institution	$204.4K 18.8K shares
AMERIPRISE FINANCIAL INC Institution	$176.8K 16.3K shares
X XTX Topco Ltd Institution	$121.9K 11.2K shares
D De Lisle Partners LLP Institution	$119.5K 11.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$25.4K 2.3K shares
W Whipplewood Advisors, LLC RIA/Wealth	$1.2K 108.0 shares

Options Activity

Institutions with the largest Call and Put options positions in FRST as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FRST as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	Anton Villars Schutz President	5.78% $12.8M	4.94% 1.2M shares	Q4 2023 Held for 1y 11m	$221.8M
S SALZHAUER MICHAEL Institution	-	4.19% $8.0M	3.08% 758.9K shares	Q4 2013 Held for 11y 11m	$190.4M
B BANC FUNDS CO LLC Institution	-	2.28% $9.4M	3.62% 892.4K shares	≤ Q2 2013 Held for 12y 5m+	$411.3M
PL Capital Advisors, LLC Hedge Fund•Activist	Richard J Lashley Managing Partner	1.74% $5.0M	1.93% 475.2K shares	Q2 2017 Held for 8y 5m	$286.3M
P Petiole USA ltd Institution	-	1.67% $2.4M	0.93% 230.2K shares	Q4 2021 Held for 3y 11m	$144.8M
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	Terry Anthony Maltese President	1.61% $10.4M	4.00% 986.9K shares	Q1 2018 Held for 7y 8m	$646.2M
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	1.33% $7.4M	2.87% 706.9K shares	Q1 2020 Held for 5y 8m	$557.6M
CORBYN INVESTMENT MANAGEMENT INC/MD Long Only Manager	William Earle White President	1.32% $2.9M	1.12% 276.0K shares	≤ Q2 2013 Held for 12y 5m+	$220.0M
Outfitter Financial LLC RIA/Wealth	David Andrew Kenkel Managing Partner	0.72% $890.1K	0.34% 84.7K shares	Q4 2020 Held for 4y 11m	$123.7M
N North Reef Capital Management LP Hedge Fund•Long/Short	Daniel Mariano Locasto COO	0.48% $10.2M	3.96% 974.9K shares	Q3 2025 Held for 2 months	$2.1B

Hedge Fund Spotlight

Discover hedge funds investing in FRST

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Primis Financial Corp.

Market Value: $243.2K
Shares Held: 23.1K
Portfolio Weight: 0.00%
Owned Since: 2023-Q3

Top Holding	Sector	Market Value	Weight
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3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%