First Bancorp
FBNC
72 hedge funds and large institutions have $153M invested in First Bancorp in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
16% more capital invested
Capital invested by funds: $132M → $153M (+$20.5M)
3% more funds holding
Funds holding: 70 → 72 (+2)
0.2% more ownership
Funds ownership: 46.51% → 46.71% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$1.82M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.23M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$213K |
| 4 |
QI
QS Investors
New York
|
+$209K |
| 5 |
Two Sigma Investments
New York
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.83M |
| 2 |
Goldman Sachs
New York
|
-$952K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$386K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$333K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$305K |
FBNC Hedge Fund Activity: Q4 2013 in Review
72 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2013, worth a combined $153M — up 16% from $132M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FBNC positions and 6 closed out — a net gain of 2 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Bryn Mawr Capital Management Inc, opening a new position worth an estimated $1.82M. The largest seller was Basswood Capital Management, cutting an estimated $1.83M.
- 72 institutional investors held First Bancorp (FBNC) as of Q4 2013, up from 70 in Q3 2013.
- Funds reported $153M of First Bancorp stock for Q4 2013, up 16% quarter-over-quarter.
- 8 funds opened new First Bancorp positions in Q4 2013 and 6 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q4 2013 was Bryn Mawr Capital Management Inc, an estimated $1.82M added.
- The largest First Bancorp seller in Q4 2013 was Basswood Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q4 2013.