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First Bancorp

151 hedge funds and large institutions have $739M invested in First Bancorp in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 12

67% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 39

37% more capital invested

Capital invested by funds: $540M → $739M (+$198M)

6% more funds holding

Funds holding: 143151 (+8)

0.7% less ownership

Funds ownership: 86.42%85.72% (-0.7%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

82% less call options, than puts

Call options by funds: $72K | Put options by funds: $396K

Holders
151
Holders Change
+8
Holders Change %
+5.59%
% of All Funds
4.03%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
22
Increased
65
Reduced
39
Closed
12
Calls
$72K
Puts
$396K
Net Calls
-$324K
Net Calls Change
-$324K
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$3.96M +$325K +86,500 +10%
BCM
27
Bridgeway Capital Management
Texas
$3.85M
Ameriprise
28
Ameriprise
Minnesota
$3.56M -$355K -94,428 -10%
Deutsche Bank
29
Deutsche Bank
Germany
$3.39M +$1.64M +437,149 +105%
Principal Financial Group
30
Principal Financial Group
Iowa
$3.37M +$119K +31,727 +4%
HAI
31
Hennessy Advisors Inc
California
$3.29M -$1.2M -320,000 -28%
OAM
32
Oxford Asset Management
United Kingdom
$3.17M +$1.47M +390,203 +96%
TCIM
33
TIAA CREF Investment Management
New York
$2.74M +$1.22M +325,486 +89%
QI
34
QS Investors
New York
$2.52M -$308K -81,900 -11%
Invesco
35
Invesco
Georgia
$2.37M -$143K -38,145 -6%
Canada Life
36
Canada Life
Manitoba, Canada
$2.26M +$536K +142,552 +33%
BIM
37
BlackRock Investment Management
Delaware
$2.11M +$193K +51,262 +11%
AQR Capital Management
38
AQR Capital Management
Connecticut
$2.06M -$1M -266,199 -34%
Jacobs Levy Equity Management
39
Jacobs Levy Equity Management
New Jersey
$1.9M +$225K +60,000 +14%
NFA
40
Nationwide Fund Advisors
Ohio
$1.81M +$812K +216,157 +90%
GC
41
Guggenheim Capital
Illinois
$1.54M +$24.7K +6,570 +2%
BIM
42
Bogle Investment Management
Massachusetts
$1.54M +$358K +95,170 +33%
EC
43
EJF Capital
Virginia
$1.49M -$9.86M -2,625,000 -88%
Wells Fargo
44
Wells Fargo
California
$1.48M -$81K -21,557 -5%
Renaissance Technologies
45
Renaissance Technologies
New York
$1.45M +$1.03M +275,000 +305%
CS
46
Credit Suisse
Switzerland
$1.31M +$716K +190,516 +137%
American Century Companies
47
American Century Companies
Missouri
$1.29M +$1.22M +325,116 New
Morgan Stanley
48
Morgan Stanley
New York
$1.25M +$968K +257,555 +447%
Prudential Financial
49
Prudential Financial
New Jersey
$1.15M +$27.2K +7,240 +3%
BGIM
50
Brandywine Global Investment Management
Pennsylvania
$1.09M +$203K +54,000 +24%

FBP Hedge Fund Activity: Q2 2016 in Review

151 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2016, worth a combined $739M — up 37% from $540M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FBP positions and 12 closed out — a net gain of 10 holders — while 65 added to existing stakes and 39 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $5.66M. The largest seller was EJF Capital, cutting an estimated $9.86M.

  • 151 institutional investors held First Bancorp (FBP) as of Q2 2016, up from 143 in Q1 2016.
  • Funds reported $739M of First Bancorp stock for Q2 2016, up 37% quarter-over-quarter.
  • 22 funds opened new First Bancorp positions in Q2 2016 and 12 closed out, a net change of +10 holders.
  • The largest First Bancorp buyer in Q2 2016 was JP Morgan Chase, an estimated $5.66M added.
  • The largest First Bancorp seller in Q2 2016 was EJF Capital, an estimated $9.86M sold.

Based on aggregated 13F filings for Q2 2016.