First Bancorp
FBNC
86 hedge funds and large institutions have $177M invested in First Bancorp in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 85 → 86 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $184M → $177M (-$6.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$2.9M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$625K |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$463K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$368K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.52M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$457K |
| 3 |
Morgan Stanley
New York
|
-$457K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$403K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$344K |
FBNC Hedge Fund Activity: Q1 2015 in Review
86 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q1 2015, worth a combined $177M — down 3.5% from $184M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FBNC positions and 5 closed out — a net gain of 1 holder — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Bryn Mawr Capital Management Inc, adding an estimated $2.9M. The largest seller was Basswood Capital Management, cutting an estimated $1.52M.
- 86 institutional investors held First Bancorp (FBNC) as of Q1 2015, up from 85 in Q4 2014.
- Funds reported $177M of First Bancorp stock for Q1 2015, down 3.5% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q1 2015 and 5 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q1 2015 was Bryn Mawr Capital Management Inc, an estimated $2.9M added.
- The largest First Bancorp seller in Q1 2015 was Basswood Capital Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2015.