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First Bancorp

164 hedge funds and large institutions have $646M invested in First Bancorp in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 68 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

990% more call options, than puts

Call options by funds: $3.27M | Put options by funds: $300K

0.14% more ownership

Funds ownership: 66.39%66.53% (+0.14%)

4% less funds holding

Funds holding: 171164 (-7)

19% less capital invested

Capital invested by funds: $799M → $646M (-$152M)

29% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 24

31% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 68

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
164
Holders Change
-7
Holders Change %
-4.09%
% of All Funds
3.65%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
17
Increased
47
Reduced
68
Closed
24
Calls
$3.27M
Puts
$300K
Net Calls
+$2.97M
Net Calls Change
-$5M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$5.29M -$2.09K -56 -0%
RCAMU
27
Rothschild & Co Asset Management US
Connecticut
$5.15M +$229K +6,125 +4%
HCM
28
Huber Capital Management
California
$4.93M -$1.2M -32,066 -18%
Bank of America
29
Bank of America
North Carolina
$4.8M -$1.27M -34,048 -19%
JC
30
JCSD Capital
California
$4.57M
Wellington Management Group
31
Wellington Management Group
Massachusetts
$4.37M -$9.08M -243,140 -64%
BCM
32
Basswood Capital Management
New York
$4.03M
SSWM
33
Smith Salley Wealth Management
North Carolina
$3.72M
MCM
34
Maltese Capital Management
New York
$3.54M
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$3.45M -$21.9K -587 -0.6%
TCIM
36
TIAA CREF Investment Management
New York
$3.34M +$563K +15,068 +17%
KCM
37
Kennedy Capital Management
Missouri
$3.33M -$286K -7,667 -7%
Morgan Stanley
38
Morgan Stanley
New York
$3.11M +$166K +4,445 +5%
First Trust Advisors
39
First Trust Advisors
Illinois
$2.99M -$2.2M -58,811 -39%
Russell Investments Group
40
Russell Investments Group
United Kingdom
$2.98M +$963K +25,781 +39%
Wells Fargo
41
Wells Fargo
California
$2.92M -$259K -6,949 -7%
DGHMC
42
Dalton, Greiner, Hartman, Maher & Co
New York
$2.9M -$31.9K -854 -1%
Jacobs Levy Equity Management
43
Jacobs Levy Equity Management
New Jersey
$2.76M +$104K +2,780 +3%
JP Morgan Chase
44
JP Morgan Chase
New York
$2.69M +$23.2K +622 +0.8%
Natixis Advisors
45
Natixis Advisors
Massachusetts
$2.38M +$2.72M +72,952 New
DIA
46
Dana Investment Advisors
Wisconsin
$2.17M -$108K -2,896 -4%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$2.12M -$149 -4 -0%
MC
48
Martin & Co
Tennessee
$2.05M -$934 -25 -0%
PCM
49
Penn Capital Management
Pennsylvania
$2.02M +$347K +9,304 +18%
PFM
50
Parsec Financial Management
North Carolina
$1.91M -$215K -5,746 -9%

FBNC Hedge Fund Activity: Q4 2018 in Review

164 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2018, worth a combined $646M — down 19% from $799M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FBNC and 17 opened new positions — a net loss of 7 holders — while 68 trimmed existing stakes and 47 added.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $39.5M. The largest seller was Wellington Management Group, cutting an estimated $9.08M.

  • 164 institutional investors held First Bancorp (FBNC) as of Q4 2018, down from 171 in Q3 2018.
  • Funds reported $646M of First Bancorp stock for Q4 2018, down 19% quarter-over-quarter.
  • 17 funds opened new First Bancorp positions in Q4 2018 and 24 closed out, a net change of -7 holders.
  • The largest First Bancorp buyer in Q4 2018 was Vaughan Nelson Investment Management, an estimated $39.5M added.
  • The largest First Bancorp seller in Q4 2018 was Wellington Management Group, an estimated $9.08M sold.

Based on aggregated 13F filings for Q4 2018.