First Bancorp
FBNC
188 hedge funds and large institutions have $829M invested in First Bancorp in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 53 reducing their positions, and 14 closing their positions.
150% more call options, than puts
Call options by funds: $15K | Put options by funds: $6K
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
28% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 53
6% more funds holding
Funds holding: 178 → 188 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.79% less ownership
Funds ownership: 67.88% → 63.09% (-4.8%)
18% less capital invested
Capital invested by funds: $1.01B → $829M (-$179M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.32M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.97M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$3.75M |
| 5 |
Rockefeller Capital Management
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$57.5M |
| 2 |
Jennison Associates
New York
|
-$17.1M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$13.9M |
| 4 |
Bank of New York Mellon
New York
|
-$4.73M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.86M |
FBNC Hedge Fund Activity: Q2 2024 in Review
188 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q2 2024, worth a combined $829M — down 18% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FBNC positions and 14 closed out — a net gain of 12 holders — while 68 added to existing stakes and 53 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8M. The largest seller was Westwood Holdings Group, cutting an estimated $57.5M.
- 188 institutional investors held First Bancorp (FBNC) as of Q2 2024, up from 178 in Q1 2024.
- Funds reported $829M of First Bancorp stock for Q2 2024, down 18% quarter-over-quarter.
- 26 funds opened new First Bancorp positions in Q2 2024 and 14 closed out, a net change of +12 holders.
- The largest First Bancorp buyer in Q2 2024 was Goldman Sachs, an estimated $8M added.
- The largest First Bancorp seller in Q2 2024 was Westwood Holdings Group, an estimated $57.5M sold.
Based on aggregated 13F filings for Q2 2024.