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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
Ameriprise
76
Ameriprise
Minnesota
$851K -$981K -26,270 -50%
ERSOT
77
Employees Retirement System of Texas
Texas
$784K -$934K -25,000 -51%
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$771K +$882K +23,617 New
WG
79
Winton Group
United Kingdom
$714K -$290K -7,774 -26%
BA
80
Boston Advisors
Massachusetts
$714K +$816K +21,864 New
SEI Investments
81
SEI Investments
Pennsylvania
$674K +$17.8K +476 +3%
Two Sigma Advisers
82
Two Sigma Advisers
New York
$663K -$587K -15,714 -44%
AQR Capital Management
83
AQR Capital Management
Connecticut
$658K -$656K -17,567 -47%
AIG
84
American International Group
New York
$629K -$5.45K -146 -0.8%
UBS AM
85
UBS AM
Illinois
$578K
DC
86
Davenport & Co
Virginia
$575K +$11.2K +300 +2%
Manulife (Manufacturers Life Insurance)
87
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$564K -$41.5K -1,111 -6%
ADEF
88
Adams Diversified Equity Fund
Maryland
$545K -$26.1K -700 -4%
BTS
89
BB&T Securities
Virginia
$509K -$15.8K -424 -3%
Fifth Third Bancorp
90
Fifth Third Bancorp
Ohio
$501K -$42.5K -1,139 -7%
SG Americas Securities
91
SG Americas Securities
New York
$489K -$30.8K -824 -5%
UBS Group
92
UBS Group
Switzerland
$466K +$94.4K +2,528 +22%
EM
93
ELCO Management
New York
$457K -$77.2K -2,068 -13%
VOYA Investment Management
94
VOYA Investment Management
Georgia
$449K +$33K +883 +7%
Creative Planning
95
Creative Planning
Kansas
$448K -$14.9K -398 -3%
MIM
96
MetLife Investment Management
New Jersey
$419K
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$389K
RJA
98
Raymond James & Associates
Florida
$366K -$54.1K -1,449 -11%
WAM
99
Wakefield Asset Management
Colorado
$346K +$174K +4,666 +79%
Public Employees Retirement Association of Colorado
100
Public Employees Retirement Association of Colorado
Colorado
$328K

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.