First Bancorp
218 hedge funds and large institutions have $2.26B invested in First Bancorp in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 89 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
24% more capital invested
Capital invested by funds: $1.83B → $2.26B (+$435M)
4% more funds holding
Funds holding: 210 → 218 (+8)
1.24% more ownership
Funds ownership: 90.87% → 92.11% (+1.2%)
0% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $1.86M
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
24% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$38.2M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$21.8M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$18.4M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$16M |
| 5 |
Goldman Sachs
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$29.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.2M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$13M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$11.1M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$8.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$193K | -20,945 | Closed |
|
|
OR
227
Olympiad Research
Stamford,
Connecticut
| – | -$171K | -18,493 | Closed |
|
|
MFG
228
Magnus Financial Group
New York
| – | -$124K | -13,413 | Closed |
|
|
LNWWM
229
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$101K | -10,951 | Closed |
|
|
PWM
230
Perigon Wealth Management
San Francisco,
California
| – | -$20K | -2,154 | Closed |
|
|
CCA
231
Childress Capital Advisors
Houston,
Texas
| – | -$13K | -1,435 | Closed |
|
|
PWPS
232
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$8K | -870 | Closed |
|
|
VCG
233
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$4K | -395 | Closed |
|
|
HGWM
234
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$2K | -247 | Closed |
|
|
IA
235
IFP Advisors
Tampa,
Florida
| – | -$1.05K | -100 | Closed |
|
FBP Hedge Fund Activity: Q1 2021 in Review
218 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2021, worth a combined $2.26B — up 24% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FBP positions and 20 closed out — a net gain of 9 holders — while 68 added to existing stakes and 89 trimmed.
The largest buyer was State Street, adding an estimated $38.2M. The largest seller was Morgan Stanley, cutting an estimated $29.8M.
- 218 institutional investors held First Bancorp (FBP) as of Q1 2021, up from 210 in Q4 2020.
- Funds reported $2.26B of First Bancorp stock for Q1 2021, up 24% quarter-over-quarter.
- 29 funds opened new First Bancorp positions in Q1 2021 and 20 closed out, a net change of +9 holders.
- The largest First Bancorp buyer in Q1 2021 was State Street, an estimated $38.2M added.
- The largest First Bancorp seller in Q1 2021 was Morgan Stanley, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2021.