First Bancorp
FBNC
171 hedge funds and large institutions have $799M invested in First Bancorp in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 68 increasing their positions, 43 reducing their positions, and 13 closing their positions.
199,350% more call options, than puts
Call options by funds: $7.98M | Put options by funds: $4K
58% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 43
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
4% more funds holding
Funds holding: 165 → 171 (+6)
1.14% more ownership
Funds ownership: 65.25% → 66.39% (+1.1%)
1% more capital invested
Capital invested by funds: $791M → $799M (+$7.44M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$7.93M |
| 2 |
BlackRock
New York
|
+$7.75M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$6.27M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.65M |
| 5 |
Goldman Sachs
New York
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.1M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$2.82M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.49M |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$1.08M |
| 5 |
PFM
Parsec Financial Management
Asheville,
North Carolina
|
-$852K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
176
Tower Research Capital (TRC)
New York
| – | -$375K | -9,172 | Closed |
|
|
EGM
177
Engineers Gate Manager
New York
| – | -$283K | -6,925 | Closed |
|
178
Brown Advisory
Baltimore,
Maryland
| – | -$269K | -6,578 | Closed |
|
179
Teacher Retirement System of Texas
Austin,
Texas
| – | -$245K | -5,993 | Closed |
|
180
Principal Financial Group
Des Moines,
Iowa
| – | -$205K | -5,000 | Closed |
|
181
Envestnet Asset Management
Chicago,
Illinois
| – | -$195K | -4,764 | Closed |
|
|
PFBT
182
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$123K | -3,000 | Closed |
|
|
PIA
183
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$25K | -623 | Closed |
|
|
WT
184
Washington Trust
Westerly,
Rhode Island
| – | -$20K | -490 | Closed |
|
FBNC Hedge Fund Activity: Q3 2018 in Review
171 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2018, worth a combined $799M — up 0.94% from $791M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FBNC positions and 13 closed out — a net gain of 7 holders — while 68 added to existing stakes and 43 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $7.93M. The largest seller was Wellington Management Group, cutting an estimated $47.1M.
- 171 institutional investors held First Bancorp (FBNC) as of Q3 2018, up from 165 in Q2 2018.
- Funds reported $799M of First Bancorp stock for Q3 2018, up 0.94% quarter-over-quarter.
- 20 funds opened new First Bancorp positions in Q3 2018 and 13 closed out, a net change of +7 holders.
- The largest First Bancorp buyer in Q3 2018 was Allianz Asset Management, an estimated $7.93M added.
- The largest First Bancorp seller in Q3 2018 was Wellington Management Group, an estimated $47.1M sold.
Based on aggregated 13F filings for Q3 2018.