First Bancorp
FBNC
206 hedge funds and large institutions have $1.15B invested in First Bancorp in 2024 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 70 reducing their positions, and 14 closing their positions.
18,413% more call options, than puts
Call options by funds: $1.48M | Put options by funds: $8K
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more capital invested
Capital invested by funds: $829M → $1.15B (+$322M)
10% more funds holding
Funds holding: 188 → 206 (+18)
3.78% more ownership
Funds ownership: 63.09% → 66.86% (+3.8%)
16% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$30.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$11.8M |
| 3 |
Millennium Management
New York
|
+$6.82M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$5.77M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$2.81M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$2.61M |
| 3 |
BlackRock
New York
|
-$1.95M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.66M |
| 5 |
Two Sigma Investments
New York
|
-$1.62M |
FBNC Hedge Fund Activity: Q3 2024 in Review
206 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2024, worth a combined $1.15B — up 39% from $829M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FBNC positions and 14 closed out — a net gain of 18 holders — while 59 added to existing stakes and 70 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $30.9M. The largest seller was Peregrine Capital Management, cutting an estimated $2.81M.
- 206 institutional investors held First Bancorp (FBNC) as of Q3 2024, up from 188 in Q2 2024.
- Funds reported $1.15B of First Bancorp stock for Q3 2024, up 39% quarter-over-quarter.
- 32 funds opened new First Bancorp positions in Q3 2024 and 14 closed out, a net change of +18 holders.
- The largest First Bancorp buyer in Q3 2024 was AllianceBernstein, an estimated $30.9M added.
- The largest First Bancorp seller in Q3 2024 was Peregrine Capital Management, an estimated $2.81M sold.
Based on aggregated 13F filings for Q3 2024.