First Bancorp
FBNC
110 hedge funds and large institutions have $218M invested in First Bancorp in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 6 closing their positions.
200% more call options, than puts
Call options by funds: $3K | Put options by funds: $1K
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
16% more capital invested
Capital invested by funds: $188M → $218M (+$30M)
7% more funds holding
Funds holding: 103 → 110 (+7)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$2.57M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$2.33M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.27M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$861K |
| 5 |
QI
Quotient Investors
New York
|
+$611K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$906K |
| 2 |
RA
Royce & Associates
New York
|
-$865K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$615K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$566K |
| 5 |
DC
Deere & Company
Moline,
Illinois
|
-$354K |
FBNC Hedge Fund Activity: Q3 2016 in Review
110 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2016, worth a combined $218M — up 16% from $188M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FBNC positions and 6 closed out — a net gain of 7 holders — while 45 added to existing stakes and 26 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $2.57M. The largest seller was O'Shaughnessy Asset Management, cutting an estimated $906K.
- 110 institutional investors held First Bancorp (FBNC) as of Q3 2016, up from 103 in Q2 2016.
- Funds reported $218M of First Bancorp stock for Q3 2016, up 16% quarter-over-quarter.
- 13 funds opened new First Bancorp positions in Q3 2016 and 6 closed out, a net change of +7 holders.
- The largest First Bancorp buyer in Q3 2016 was LSV Asset Management, an estimated $2.57M added.
- The largest First Bancorp seller in Q3 2016 was O'Shaughnessy Asset Management, an estimated $906K sold.
Based on aggregated 13F filings for Q3 2016.