Howard Marks’s First Bancorp FBP Stock Holding History

Howard Marks’s Portfolio FBP Stock Details FBP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-9,334,725	Closed	-$47.6M	–	207
2017 Q4	$47.6M	Sell	9,334,725 -700,000	-7%	-$3.49M	0.75%	23
2017 Q3	$51.4M	Sell	10,034,725 -9,966,341	-50%	-$56.8M	0.77%	22
2017 Q2	$116M	Hold	20,001,066	–	–	1.89%	6
2017 Q1	$113M	Sell	20,001,066 -11,492,515	-36%	-$73M	1.64%	8
2016 Q4	$208M	Sell	31,493,581 -10,350,000	-25%	-$60.9M	3.09%	3
2016 Q3	$218M	Hold	41,843,581	–	–	2.82%	4
2016 Q2	$166M	Hold	41,843,581	–	–	2.99%	3
2016 Q1	$122M	Hold	41,843,581	–	–	2.2%	4
2015 Q4	$136M	Hold	41,843,581	–	–	1.8%	5
2015 Q3	$149M	Hold	41,843,581	–	–	1.95%	6
2015 Q2	$202M	Hold	41,843,581	–	–	2.34%	6
2015 Q1	$259M	Hold	41,843,581	–	–	2.74%	5
2014 Q4	$246M	Hold	41,843,581	–	–	2.63%	5
2014 Q3	$199M	Hold	41,843,581	–	–	3.29%	3
2014 Q2	$228M	Hold	41,843,581	–	–	3.97%	3
2014 Q1	$228M	Hold	41,843,581	–	–	4.3%	3
2013 Q4	$259M	Hold	41,843,581	–	–	4.76%	2
2013 Q3	$238M	Sell	41,843,581 -8,840,904	-17%	-$62.5M	4.57%	2
2013 Q2	$359M	Buy	+50,684,485	New	+$316M	7.29%	1

Other funds holding FBP

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

FCM

Frontier Capital Management Boston, Massachusetts $10.7B AUM 67.78% 1-Year Est. Return

Point72 Asset Management Stamford, Connecticut $90.7B AUM 77.13% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

MCM

Moore Capital Management New York $6.74B AUM 45.87% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $34.3B AUM 22.63% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Howard Marks's FBP Position: Q1 2018 in Review

Howard Marks sold out of First Bancorp (FBP) in Q1 2018, closing a stake of 9,334,725 shares — an estimated $47.6M sold.

Howard Marks first reported a position in FBP in Q2 2013 and held it in 19 quarters. The position peaked at $359M in Q2 2013. 175 funds tracked by Wall St. Rank hold FBP as of Q1 2018.

Howard Marks reported no remaining First Bancorp position as of Q1 2018 after selling out during the quarter.
Howard Marks sold 9,334,725 First Bancorp shares in Q1 2018, an estimated $47.6M.
Howard Marks first reported a position in First Bancorp in Q2 2013 and held it in 19 quarters.
Howard Marks's First Bancorp position peaked at $359M in Q2 2013.
175 funds tracked by Wall St. Rank held First Bancorp as of Q1 2018.

Based on Oaktree Capital Management's 13F filing for Q1 2018, filed 15 May 2018.