First Bancorp
FBNC
154 hedge funds and large institutions have $646M invested in First Bancorp in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 66 increasing their positions, 25 reducing their positions, and 15 closing their positions.
2,803% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $64K
164% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 25
153% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 15
18% more funds holding
Funds holding: 131 → 154 (+23)
12% more capital invested
Capital invested by funds: $576M → $646M (+$69.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6.19% less ownership
Funds ownership: 67.87% → 61.68% (-6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBS
Lawrence B. Seidman
|
+$13.1M |
| 2 |
BlackRock
New York
|
+$9.6M |
| 3 |
Millennium Management
New York
|
+$9.13M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$8.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.9M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$5.97M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$5.3M |
| 4 |
FG
FSI Group
Cincinnati,
Ohio
|
-$4.29M |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$4.22M |
FBNC Hedge Fund Activity: Q4 2017 in Review
154 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2017, worth a combined $646M — up 12% from $576M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FBNC positions and 15 closed out — a net gain of 23 holders — while 66 added to existing stakes and 25 trimmed.
The largest buyer was Lawrence B. Seidman, opening a new position worth an estimated $13.1M. The largest seller was Wellington Management Group, cutting an estimated $21.9M.
- 154 institutional investors held First Bancorp (FBNC) as of Q4 2017, up from 131 in Q3 2017.
- Funds reported $646M of First Bancorp stock for Q4 2017, up 12% quarter-over-quarter.
- 38 funds opened new First Bancorp positions in Q4 2017 and 15 closed out, a net change of +23 holders.
- The largest First Bancorp buyer in Q4 2017 was Lawrence B. Seidman, an estimated $13.1M added.
- The largest First Bancorp seller in Q4 2017 was Wellington Management Group, an estimated $21.9M sold.
Based on aggregated 13F filings for Q4 2017.