Southern First Bancshares

SFST • NASDAQ

Southern First Bancshares is a banks - regional company in the financial services sector on NASDAQ, led by Calvin C. Hurst, with a market cap of $450.2M. As of Q3 2025, 80% of shares are held by 113 institutional investors, with FJ Capital Management LLC as the largest holder at 9.87%.

Chief Executive OfficerCalvin C. Hurst

Market Cap$450.2M

Banks - Regional

Financial Services

Employees296.0

Websitesouthernfirst.com

Country

United States of America

Overview

Overview of institutional ownership in SFST as of Q3 2025 with a market cap of $360.9M

All Institutions

Institutions: 113
Value Held: $288.0M
Shares Held: 6.5M
Avg Position: $2.5M
Median Position: $414.2K

Hedge Funds

Hedge Funds: 16
Value Held: $63.5M
Shares Held: 1.4M
Avg Position: $4.0M
Median Position: $634.0K

Ownership Breakdown

Institutional (non-HF)

62.22%

$224.6M

Hedge Funds

17.59%

$63.5M

Retail & Other

20.19%

$72.9M

Based on market cap of $360.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SFST as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FJ Capital Management LLC Hedge Fund•Long/Short	Martin Saul Friedman Founder	$35.6M 3.56% of portfolio	9.87% 807.2K shares	Q4 2020 Held for 4y 11m	$999.9M
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$35.6M 0.02% of portfolio	9.86% 806.3K shares	Q3 2022 Held for 3y 2m	$161.58B
B BlackRock, Inc. Institution	-	$32.1M 0.00% of portfolio	8.89% 727.2K shares	Q2 2016 Held for 9y 5m	$5.67T
ENDEAVOUR CAPITAL ADVISORS INC Private Equity	Aaron Samuel Richmond Managing Partner	$25.9M 7.80% of portfolio	7.16% 586.0K shares	Q1 2020 Held for 5y 8m	$331.5M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$19.1M 0.00% of portfolio	5.28% 431.8K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$16.6M 0.00% of portfolio	4.59% 375.4K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$12.0M 0.00% of portfolio	3.32% 271.7K shares	Q1 2020 Held for 5y 8m	$433.11B
R rhino investment partners, Inc Hedge Fund•Value	John Keith Schneider President	$9.3M 3.00% of portfolio	2.57% 210.1K shares	Q3 2024 Held for 1y 2m	$309.3M
B BANC FUNDS CO LLC Institution	-	$9.1M 2.21% of portfolio	2.52% 205.9K shares	≤ Q2 2013 Held for 12y 5m+	$411.3M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$7.9M 0.00% of portfolio	2.20% 179.6K shares	Q2 2016 Held for 9y 5m	$1.57T

Net Capital Flow

Institutional buying and selling activity for SFST in Q3 2025

Traded: +$4.2M
Buyers: 58
Sellers: 27
Total Bought: +$14.5M
Total Sold: −$10.3M
Avg Position: $2.4M

Biggest Buyers

Institution	Net Bought	Current Position
Fourthstone LLC Hedge Fund•Long/Short	+$1.3M +29.6K shares	$7.0M 158.8K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$1.3M +28.6K shares	$3.6M 80.6K shares
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	+$1.1M +25.5K shares	$1.1M 25.5K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$908.9K +20.6K shares	$5.2M 117.0K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$755.7K +17.1K shares	$755.7K 17.1K shares
Marshall Wace LLP Institution	+$705.3K +16.0K shares	$705.3K 16.0K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$666.5K +15.1K shares	$666.5K 15.1K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$640.4K +14.5K shares	$640.4K 14.5K shares
GOLDMAN SACHS GROUP INC Institution	+$520.0K +11.8K shares	$3.1M 70.1K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$478.1K +10.8K shares	$896.3K 20.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BANC FUNDS CO LLC Institution	−$3.6M −80.8K shares	$9.1M 205.9K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$1.4M −36.0K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$1.0M −23.3K shares	$414.2K 9.4K shares
A Assenagon Asset Management S.A. Institution	−$726.5K −16.5K shares	$640.5K 14.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$500.5K −11.3K shares	$505.3K 11.5K shares
SeaCrest Wealth Management, LLC RIA/Wealth	−$420.4K −9.7K shares	$403.0K 9.3K shares
B BlackRock, Inc. Institution	−$415.6K −9.4K shares	$32.1M 727.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$387.5K −10.2K shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$359.1K −8.1K shares	$12.0M 271.7K shares
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	−$302.9K −8.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 10
New Value: $2.8M
Exited Positions: 4
Exited Value: $2.1M

New Positions

Institution	Position Value
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$666.5K 15.1K shares
Q Qube Research & Technologies Ltd Institution	$457.3K 10.4K shares
Hillsdale Investment Management Inc. Long Only Manager	$316.3K 7.2K shares
S SENTINEL TRUST CO LBA Institution	$313.3K 7.1K shares
FRANKLIN RESOURCES INC Institution	$291.9K 6.6K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$263.7K 6.0K shares
J Jump Financial, LLC Institution	$242.6K 5.5K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$219.0K 5.0K shares
J JONES FINANCIAL COMPANIES LLLP Institution	$4.5K 100.0 shares
O Optiver Holding B.V. Institution	$3.2K 72.0 shares

Exited Positions

Institution	Previous Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	$1.4M 36.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$387.5K 10.2K shares
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	$302.9K 8.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$74.6K 2.0K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ENDEAVOUR CAPITAL ADVISORS INC Private Equity	Aaron Samuel Richmond Managing Partner	7.80% $25.9M	7.16% 586.0K shares	Q1 2020 Held for 5y 8m	$331.5M
FJ Capital Management LLC Hedge Fund•Long/Short	Martin Saul Friedman Founder	3.56% $35.6M	9.87% 807.2K shares	Q4 2020 Held for 4y 11m	$999.9M
R rhino investment partners, Inc Hedge Fund•Value	John Keith Schneider President	3.00% $9.3M	2.57% 210.1K shares	Q3 2024 Held for 1y 2m	$309.3M
B BANC FUNDS CO LLC Institution	-	2.21% $9.1M	2.52% 205.9K shares	≤ Q2 2013 Held for 12y 5m+	$411.3M
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	1.26% $7.0M	1.94% 158.8K shares	Q3 2024 Held for 1y 2m	$557.6M
Abacus Planning Group, Inc. RIA/Wealth	Jonathan J. Robertson President	0.20% $1.4M	0.38% 31.1K shares	Q4 2017 Held for 7y 11m	$690.4M
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	Terry Anthony Maltese President	0.17% $1.1M	0.31% 25.5K shares	Q3 2025 Held for 2 months	$646.2M
Koss-Olinger Consulting, LLC RIA/Wealth	Kirk Edward Klein Managing Partner	0.16% $1.9M	0.52% 42.4K shares	Q4 2024 Held for 11 months	$1.2B
ELCO Management Co., LLC Hedge Fund•Long/Short	Paul Elliot Managing Partner	0.13% $246.3K	0.07% 5.6K shares	Q3 2020 Held for 5y 2m	$191.4M
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	Anton Villars Schutz President	0.11% $244.7K	0.07% 5.6K shares	Q4 2023 Held for 1y 11m	$221.8M