First Bancorp
FBNC
165 hedge funds and large institutions have $903M invested in First Bancorp in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 65 reducing their positions, and 14 closing their positions.
29% more capital invested
Capital invested by funds: $699M → $903M (+$204M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
0.77% more ownership
Funds ownership: 72.16% → 72.92% (+0.77%)
1% more funds holding
Funds holding: 164 → 165 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
28% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 65
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$8.45M |
| 2 |
Lazard Asset Management
New York
|
+$7.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.92M |
| 4 |
JP Morgan Chase
New York
|
+$5.88M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.62M |
Top Sellers
FBNC Hedge Fund Activity: Q1 2021 in Review
165 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q1 2021, worth a combined $903M — up 29% from $699M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FBNC positions and 14 closed out — a net gain of 3 holders — while 47 added to existing stakes and 65 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8.45M. The largest seller was Northern Trust, cutting an estimated $4.33M.
- 165 institutional investors held First Bancorp (FBNC) as of Q1 2021, up from 164 in Q4 2020.
- Funds reported $903M of First Bancorp stock for Q1 2021, up 29% quarter-over-quarter.
- 17 funds opened new First Bancorp positions in Q1 2021 and 14 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q1 2021 was Goldman Sachs, an estimated $8.45M added.
- The largest First Bancorp seller in Q1 2021 was Northern Trust, an estimated $4.33M sold.
Based on aggregated 13F filings for Q1 2021.