First Bancorp
FBNC
91 hedge funds and large institutions have $158M invested in First Bancorp in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 5 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 92 → 91 (-1)
12% less capital invested
Capital invested by funds: $179M → $158M (-$20.7M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.14M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$797K |
| 3 |
Renaissance Technologies
New York
|
+$489K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$370K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$1.32M |
| 2 |
RA
Royce & Associates
New York
|
-$466K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$449K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$319K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$229K |
FBNC Hedge Fund Activity: Q3 2014 in Review
91 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2014, worth a combined $158M — down 12% from $179M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FBNC and 4 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 30 added.
The largest buyer was Basswood Capital Management, adding an estimated $3.14M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $1.32M.
- 91 institutional investors held First Bancorp (FBNC) as of Q3 2014, down from 92 in Q2 2014.
- Funds reported $158M of First Bancorp stock for Q3 2014, down 12% quarter-over-quarter.
- 4 funds opened new First Bancorp positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest First Bancorp buyer in Q3 2014 was Basswood Capital Management, an estimated $3.14M added.
- The largest First Bancorp seller in Q3 2014 was Bryn Mawr Capital Management Inc, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2014.