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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
Canada Life
126
Canada Life
Manitoba, Canada
$106K -$299 -8 -0.2%
IA
127
IFP Advisors
Florida
$99K -$40.8K -1,092 -26%
ADL
128
Asset Dedication LLC
California
$98K
AIP
129
Ameritas Investment Partners
Nebraska
$82K
FMT
130
First Mercantile Trust
Tennessee
$78K +$6.16K +165 +7%
CFA
131
Carroll Financial Associates
North Carolina
$74K
PI
132
PEAK6 Investments
Illinois
$73K +$83K +2,224 New
Zurich Cantonal Bank
133
Zurich Cantonal Bank
Switzerland
$67K
BNP Paribas Financial Markets
134
BNP Paribas Financial Markets
France
$43K +$12.2K +328 +33%
PNC Financial Services Group
135
PNC Financial Services Group
Pennsylvania
$42K -$3.29K -88 -7%
PCG
136
Private Capital Group
Connecticut
$42K +$30.3K +811 +174%
LTFS
137
Ladenburg Thalmann Financial Services
Florida
$39K +$16.3K +436 +57%
HNB
138
Huntington National Bank
Ohio
$37K -$1.2K -32 -3%
QT
139
Quantamental Technologies
New York
$33K +$37.3K +999 New
TRCT
140
Tower Research Capital (TRC)
New York
$28K +$32K +856 New
SGAM
141
Smith Group Asset Management
Texas
$27K -$187 -5 -0.6%
GWM
142
Geneos Wealth Management
Colorado
$22K
EARNEST Partners
143
EARNEST Partners
Georgia
$20K
CIAS
144
Capital Investment Advisory Services
North Carolina
$20K +$22.4K +600 New
YWP
145
YorkBridge Wealth Partners
New York
$14K -$9.97K -267 -38%
Bank of Montreal
146
Bank of Montreal
Ontario, Canada
$13K +$7.84K +210 +104%
OAM
147
Oppenheimer Asset Management
New York
$10K +$11.8K +316 New
ONST
148
Old North State Trust
North Carolina
$9K
CTC
149
Central Trust Company
Missouri
$8K -$1.12K -30 -11%
FMII
150
Farmers & Merchants Investments Inc
Nebraska
$8K

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.