First Bancorp
FBNC
162 hedge funds and large institutions have $704M invested in First Bancorp in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 61 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.14% less ownership
Funds ownership: 66.14% → 66.01% (-0.14%)
2% less capital invested
Capital invested by funds: $717M → $704M (-$12.4M)
2% less funds holding
Funds holding: 165 → 162 (-3)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
20% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$11.5M |
| 2 |
Millennium Management
New York
|
+$6.32M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.57M |
| 4 |
BlackRock
New York
|
+$1.85M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.05M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$5.53M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$3.9M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.82M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.82M |
FBNC Hedge Fund Activity: Q3 2019 in Review
162 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2019, worth a combined $704M — down 1.7% from $717M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FBNC and 15 opened new positions — a net loss of 3 holders — while 61 trimmed existing stakes and 49 added.
The largest buyer was Victory Capital Management, adding an estimated $11.5M. The largest seller was Macquarie Group, cutting an estimated $7.05M.
- 162 institutional investors held First Bancorp (FBNC) as of Q3 2019, down from 165 in Q2 2019.
- Funds reported $704M of First Bancorp stock for Q3 2019, down 1.7% quarter-over-quarter.
- 15 funds opened new First Bancorp positions in Q3 2019 and 18 closed out, a net change of -3 holders.
- The largest First Bancorp buyer in Q3 2019 was Victory Capital Management, an estimated $11.5M added.
- The largest First Bancorp seller in Q3 2019 was Macquarie Group, an estimated $7.05M sold.
Based on aggregated 13F filings for Q3 2019.