First Bancorp
266 hedge funds and large institutions have $3.26B invested in First Bancorp in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 80 increasing their positions, 105 reducing their positions, and 14 closing their positions.
2,550% more call options, than puts
Call options by funds: $53K | Put options by funds: $2K
200% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 14
16% more capital invested
Capital invested by funds: $2.82B → $3.26B (+$444M)
12% more funds holding
Funds holding: 238 → 266 (+28)
1.46% more ownership
Funds ownership: 92.6% → 94.06% (+1.5%)
24% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 105
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38.3M |
| 2 |
Morgan Stanley
New York
|
+$14.1M |
| 3 |
Goldman Sachs
New York
|
+$13.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$10.1M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$20.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$10.8M |
| 3 |
Bank of New York Mellon
New York
|
-$10.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$10M |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$8.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Walleye Capital
New York
| – | -$333K | -18,190 | Closed |
|
|
FRM
277
Fox Run Management
Greenwich,
Connecticut
| – | -$219K | -11,988 | Closed |
|
|
VI
278
Versor Investments
New York
| – | -$190K | -10,377 | Closed |
|
|
EC
279
EntryPoint Capital
New York
| – | -$174K | -9,522 | Closed |
|
280
Optiver Holding
Amsterdam,
Netherlands
| – | -$22.9K | -1,251 | Closed |
|
FBP Hedge Fund Activity: Q3 2024 in Review
266 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2024, worth a combined $3.26B — up 16% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FBP positions and 14 closed out — a net gain of 28 holders — while 80 added to existing stakes and 105 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $38.3M. The largest seller was Citadel Advisors, cutting an estimated $20.1M.
- 266 institutional investors held First Bancorp (FBP) as of Q3 2024, up from 238 in Q2 2024.
- Funds reported $3.26B of First Bancorp stock for Q3 2024, up 16% quarter-over-quarter.
- 42 funds opened new First Bancorp positions in Q3 2024 and 14 closed out, a net change of +28 holders.
- The largest First Bancorp buyer in Q3 2024 was T. Rowe Price Associates, an estimated $38.3M added.
- The largest First Bancorp seller in Q3 2024 was Citadel Advisors, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2024.