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First Bancorp
FBP

241 hedge funds and large institutions have $2.73B invested in First Bancorp in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 111 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $2.63B → $2.73B (+$97.9M)

0.37% more ownership

Funds ownership: 92.62% → 92.99% (+0.37%)

1% less call options, than puts

Call options by funds: $906K | Put options by funds: $915K

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

1% less funds holding

Funds holding: 244 → 241 (-3)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

35% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 111

Holders
241
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.47%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
26
Increased
72
Reduced
111
Closed
27
Calls
$906K
Puts
$915K
Net Calls
-$9K
Net Calls Change
-$197K

Top Buyers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$19.9M
2
Bank of America
Bank of America
North Carolina
+$17.5M
3
First Trust Advisors
First Trust Advisors
Illinois
+$17.1M
4
JAM
Jupiter Asset Management
United Kingdom
+$15.8M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$7.45M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$49.4M
2
JP Morgan Chase
JP Morgan Chase
New York
-$17.5M
3
BlackRock
BlackRock
New York
-$11.1M
4
AllianceBernstein
AllianceBernstein
Tennessee
-$9.52M
5
Millennium Management
Millennium Management
New York
-$9.19M
Name Holding Trade Value Shares
Change 		Change in
Stake
SSA
251
Schonfeld Strategic Advisors
New York
– -$378K -22,960 Closed
CIA
252
Concurrent Investment Advisors
Florida
– -$355K -21,587 Closed
PMEF
253
Point72 Middle East FZE
United Arab Emirates
– -$348K -21,131 Closed
Lazard Asset Management
254
Lazard Asset Management
New York
– -$329K -20,065 Closed
CAPTRUST Financial Advisors
255
CAPTRUST Financial Advisors
North Carolina
– -$328K -19,928 Closed
AA
256
AlphaMark Advisors
Kentucky
– -$290K -17,608 Closed
DA
257
Duality Advisers
Florida
– -$265K -16,129 Closed
FRM
258
Fox Run Management
Connecticut
– -$216K -13,150 Closed
Walleye Capital
259
Walleye Capital
New York
– -$208K -12,619 Closed
PRC
260
Pearl River Capital
Michigan
– -$206K -12,502 Closed
AGM
261
Alpine Global Management
New York
– -$183K -11,114 Closed
WTG
262
West Tower Group
Virginia
– -$31.9K -1,937 Closed
EC
263
EntryPoint Capital
New York
– -$15.4K -937 Closed
EC
264
Elequin Capital
New York
– -$13.1K -797 Closed
BTI
265
Blue Trust Inc
Georgia
– -$6K -452 Closed
PS
266
Planned Solutions
California
– -$5.76K -350 Closed
AF
267
Advisornet Financial
Minnesota
– -$740 -45 Closed
7 8 9 10
11

FBP Hedge Fund Activity: Q1 2024 in Review

241 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2024, worth a combined $2.73B — up 3.7% from $2.63B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of FBP and 26 opened new positions — a net loss of 1 holder — while 111 trimmed existing stakes and 72 added.

The largest buyer was Arrowstreet Capital, adding an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $49.4M.

  • 241 institutional investors held First Bancorp (FBP) as of Q1 2024, down from 244 in Q4 2023.
  • Funds reported $2.73B of First Bancorp stock for Q1 2024, up 3.7% quarter-over-quarter.
  • 26 funds opened new First Bancorp positions in Q1 2024 and 27 closed out, a net change of -1 holder.
  • The largest First Bancorp buyer in Q1 2024 was Arrowstreet Capital, an estimated $19.9M added.
  • The largest First Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $49.4M sold.

Based on aggregated 13F filings for Q1 2024.