Institutional Investors Trim Stakes in Primis Financial and Fastenal

North Reef Capital Management LP reduced its holding in Primis Financial Corp. (NASDAQ:FRST) by 5.7% in the first quarter, selling 68,323 shares and ending the period with 1,135,281 shares, representing a $15.08 million position.

London Co. of Virginia cut its stake in Fastenal Company (NASDAQ:FAST) by 6.9% in the first quarter, selling 345,652 shares and finishing with 4,694,013 shares, a 0.41% ownership valued at about $217.8 million.

Both disclosures were filed with the U.S. Securities and Exchange Commission via Form 13F, reflecting ongoing portfolio adjustments by large institutional investors in U.S. listed companies.