First Bancorp
FBNC
99 hedge funds and large institutions have $208M invested in First Bancorp in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 97 → 99 (+2)
2% more capital invested
Capital invested by funds: $203M → $208M (+$4.18M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$2.3M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$1.71M |
| 3 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
+$1.25M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$932K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$712K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.19M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$652K |
| 3 |
RA
Royce & Associates
New York
|
-$578K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$564K |
| 5 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
-$434K |
FBNC Hedge Fund Activity: Q1 2016 in Review
99 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q1 2016, worth a combined $208M — up 2.1% from $203M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FBNC positions and 6 closed out — a net gain of 2 holders — while 32 added to existing stakes and 32 trimmed.
The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $2.3M. The largest seller was Basswood Capital Management, cutting an estimated $1.19M.
- 99 institutional investors held First Bancorp (FBNC) as of Q1 2016, up from 97 in Q4 2015.
- Funds reported $208M of First Bancorp stock for Q1 2016, up 2.1% quarter-over-quarter.
- 8 funds opened new First Bancorp positions in Q1 2016 and 6 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q1 2016 was Stieven Capital Advisors, an estimated $2.3M added.
- The largest First Bancorp seller in Q1 2016 was Basswood Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2016.