First Bancorp
FBNC
165 hedge funds and large institutions have $791M invested in First Bancorp in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 51 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
22% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 51
19% more capital invested
Capital invested by funds: $665M → $791M (+$126M)
6% more funds holding
Funds holding: 155 → 165 (+10)
2.33% more ownership
Funds ownership: 62.92% → 65.25% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$8.52M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$8.39M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.8M |
| 4 |
Goldman Sachs
New York
|
+$4.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.63M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$6.01M |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.88M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.51M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.68M |
FBNC Hedge Fund Activity: Q2 2018 in Review
165 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q2 2018, worth a combined $791M — up 19% from $665M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FBNC positions and 8 closed out — a net gain of 10 holders — while 62 added to existing stakes and 51 trimmed.
The largest buyer was Northern Trust, adding an estimated $8.52M. The largest seller was Wellington Management Group, cutting an estimated $9.63M.
- 165 institutional investors held First Bancorp (FBNC) as of Q2 2018, up from 155 in Q1 2018.
- Funds reported $791M of First Bancorp stock for Q2 2018, up 19% quarter-over-quarter.
- 18 funds opened new First Bancorp positions in Q2 2018 and 8 closed out, a net change of +10 holders.
- The largest First Bancorp buyer in Q2 2018 was Northern Trust, an estimated $8.52M added.
- The largest First Bancorp seller in Q2 2018 was Wellington Management Group, an estimated $9.63M sold.
Based on aggregated 13F filings for Q2 2018.