First Bancorp
FBNC
97 hedge funds and large institutions have $203M invested in First Bancorp in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
13% more capital invested
Capital invested by funds: $180M → $203M (+$23M)
3% more funds holding
Funds holding: 94 → 97 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.68M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$2.54M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$745K |
| 4 |
BCM
Basswood Capital Management
New York
|
+$729K |
| 5 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$666K |
| 2 |
RA
Royce & Associates
New York
|
-$616K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$275K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$256K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$254K |
FBNC Hedge Fund Activity: Q4 2015 in Review
97 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2015, worth a combined $203M — up 13% from $180M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FBNC positions and 6 closed out — a net gain of 3 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was EJF Capital, adding an estimated $2.68M. The largest seller was Whitebox Advisors, exiting entirely with an estimated $666K sold.
- 97 institutional investors held First Bancorp (FBNC) as of Q4 2015, up from 94 in Q3 2015.
- Funds reported $203M of First Bancorp stock for Q4 2015, up 13% quarter-over-quarter.
- 9 funds opened new First Bancorp positions in Q4 2015 and 6 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q4 2015 was EJF Capital, an estimated $2.68M added.
- The largest First Bancorp seller in Q4 2015 was Whitebox Advisors, an estimated $666K sold.
Based on aggregated 13F filings for Q4 2015.