First Bancorp
FBNC
161 hedge funds and large institutions have $793M invested in First Bancorp in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 57 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
13% more capital invested
Capital invested by funds: $704M → $793M (+$88.8M)
1.1% more ownership
Funds ownership: 66.01% → 67.11% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 162 → 161 (-1)
7% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$7.11M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$5.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$3.15M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.86M |
| 5 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.95M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$5.02M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$4.65M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.86M |
| 5 |
Millennium Management
New York
|
-$1.48M |
FBNC Hedge Fund Activity: Q4 2019 in Review
161 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2019, worth a combined $793M — up 13% from $704M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FBNC positions and 12 closed out — a net gain of 2 holders — while 53 added to existing stakes and 57 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $7.11M. The largest seller was Renaissance Technologies, cutting an estimated $5.95M.
- 161 institutional investors held First Bancorp (FBNC) as of Q4 2019, down from 162 in Q3 2019.
- Funds reported $793M of First Bancorp stock for Q4 2019, up 13% quarter-over-quarter.
- 14 funds opened new First Bancorp positions in Q4 2019 and 12 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q4 2019 was Bank of New York Mellon, an estimated $7.11M added.
- The largest First Bancorp seller in Q4 2019 was Renaissance Technologies, an estimated $5.95M sold.
Based on aggregated 13F filings for Q4 2019.