First Bancorp
FBNC
170 hedge funds and large institutions have $932M invested in First Bancorp in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 68 reducing their positions, and 16 closing their positions.
5% more capital invested
Capital invested by funds: $890M → $932M (+$42.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.22% less ownership
Funds ownership: 76.26% → 76.04% (-0.22%)
3% less funds holding
Funds holding: 175 → 170 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
32% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$34.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.2M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.87M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.75M |
| 5 |
Jennison Associates
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.19M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$3.88M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.67M |
| 4 |
JP Morgan Chase
New York
|
-$1.97M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.83M |
FBNC Hedge Fund Activity: Q3 2021 in Review
170 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2021, worth a combined $932M — up 4.8% from $890M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FBNC and 12 opened new positions — a net loss of 4 holders — while 68 trimmed existing stakes and 46 added.
The largest buyer was William Blair Investment Management, adding an estimated $34.1M. The largest seller was Goldman Sachs, cutting an estimated $6.19M.
- 170 institutional investors held First Bancorp (FBNC) as of Q3 2021, down from 175 in Q2 2021.
- Funds reported $932M of First Bancorp stock for Q3 2021, up 4.8% quarter-over-quarter.
- 12 funds opened new First Bancorp positions in Q3 2021 and 16 closed out, a net change of -4 holders.
- The largest First Bancorp buyer in Q3 2021 was William Blair Investment Management, an estimated $34.1M added.
- The largest First Bancorp seller in Q3 2021 was Goldman Sachs, an estimated $6.19M sold.
Based on aggregated 13F filings for Q3 2021.