First Bancorp
FBNC
191 hedge funds and large institutions have $1.27B invested in First Bancorp in 2024 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 71 increasing their positions, 55 reducing their positions, and 22 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 55
10% more capital invested
Capital invested by funds: $1.15B → $1.27B (+$121M)
3.12% more ownership
Funds ownership: 66.86% → 69.98% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 206 → 191 (-15)
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$26.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$18.7M |
| 3 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
+$10M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.47M |
| 5 |
Goldman Sachs
New York
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.68M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$6.03M |
| 3 |
Jane Street
New York
|
-$2.89M |
| 4 |
PFO
PMC FIG Opportunities
Jerusalem,
Israel
|
-$2.71M |
| 5 |
Jennison Associates
New York
|
-$1.96M |
FBNC Hedge Fund Activity: Q4 2024 in Review
191 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2024, worth a combined $1.27B — up 10% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FBNC and 10 opened new positions — a net loss of 12 holders — while 55 trimmed existing stakes and 71 added.
The largest buyer was Ameriprise, adding an estimated $26.2M. The largest seller was Millennium Management, exiting entirely with an estimated $7.68M sold.
- 191 institutional investors held First Bancorp (FBNC) as of Q4 2024, down from 206 in Q3 2024.
- Funds reported $1.27B of First Bancorp stock for Q4 2024, up 10% quarter-over-quarter.
- 10 funds opened new First Bancorp positions in Q4 2024 and 22 closed out, a net change of -12 holders.
- The largest First Bancorp buyer in Q4 2024 was Ameriprise, an estimated $26.2M added.
- The largest First Bancorp seller in Q4 2024 was Millennium Management, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2024.