First Bancorp
FBNC
194 hedge funds and large institutions have $1.03B invested in First Bancorp in 2022 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 60 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
10% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 60
5% more funds holding
Funds holding: 185 → 194 (+9)
0.85% more ownership
Funds ownership: 68.39% → 69.24% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $1.11B → $1.03B (-$82.3M)
68% less call options, than puts
Call options by funds: $13K | Put options by funds: $41K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.2M |
| 2 |
BlackRock
New York
|
+$3.01M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$2.79M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$2.65M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.91M |
| 2 |
HAM
HoldCo Asset Management
Fort Lauderdale,
Florida
|
-$5.54M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.26M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$2.67M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$2.44M |
FBNC Hedge Fund Activity: Q1 2022 in Review
194 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q1 2022, worth a combined $1.03B — down 7.4% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FBNC positions and 10 closed out — a net gain of 11 holders — while 66 added to existing stakes and 60 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $7.91M.
- 194 institutional investors held First Bancorp (FBNC) as of Q1 2022, up from 185 in Q4 2021.
- Funds reported $1.03B of First Bancorp stock for Q1 2022, down 7.4% quarter-over-quarter.
- 21 funds opened new First Bancorp positions in Q1 2022 and 10 closed out, a net change of +11 holders.
- The largest First Bancorp buyer in Q1 2022 was Millennium Management, an estimated $14.2M added.
- The largest First Bancorp seller in Q1 2022 was T. Rowe Price Associates, an estimated $7.91M sold.
Based on aggregated 13F filings for Q1 2022.