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First Bancorp

215 hedge funds and large institutions have $1.98B invested in First Bancorp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 72 increasing their positions, 72 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

0% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 72

0.76% less ownership

Funds ownership: 92.16%91.41% (-0.76%)

2% less funds holding

Funds holding: 220215 (-5)

10% less capital invested

Capital invested by funds: $2.2B → $1.98B (-$225M)

18% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 28

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2.76M

Holders
215
Holders Change
-5
Holders Change %
-2.27%
% of All Funds
4.71%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
23
Increased
72
Reduced
72
Closed
28
Calls
Puts
$2.76M
Net Calls
-$2.76M
Net Calls Change
-$747K
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
26
D.E. Shaw & Co
New York
$13.5M -$1M -99,000 -7%
Invesco
27
Invesco
Georgia
$12.9M -$15.9M -1,569,114 -55%
AQR Capital Management
28
AQR Capital Management
Connecticut
$12.6M +$557K +54,881 +5%
Federated Hermes
29
Federated Hermes
Pennsylvania
$12.1M +$580K +57,173 +5%
Renaissance Technologies
30
Renaissance Technologies
New York
$11.4M -$2.42M -238,835 -17%
PPA
31
Parametric Portfolio Associates
Washington
$11.3M -$609K -59,973 -5%
Prudential Financial
32
Prudential Financial
New Jersey
$10.7M -$6.02M -593,506 -36%
BCM
33
Bridgeway Capital Management
Texas
$10.6M
PFMOSF
34
Philadelphia Financial Management of San Francisco
California
$8.53M +$8.62M +849,381 +16,988%
SCA
35
Stieven Capital Advisors
Missouri
$8M -$43.7K -4,300 -0.5%
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$7.69M +$17.8K +1,754 +0.2%
Man Group
37
Man Group
United Kingdom
$7.64M -$12M -1,182,576 -61%
Morgan Stanley
38
Morgan Stanley
New York
$7.38M -$2.52M -247,769 -25%
Goldman Sachs
39
Goldman Sachs
New York
$7.22M +$892K +87,899 +14%
PCM
40
Penn Capital Management
Pennsylvania
$7.2M -$61.2K -6,033 -0.8%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$7.04M +$1.25M +123,577 +21%
ACL
42
Azora Capital LP
Florida
$7.04M -$452K -44,573 -6%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$7.02M +$432K +42,595 +6%
Jacobs Levy Equity Management
44
Jacobs Levy Equity Management
New Jersey
$6.98M -$5.44M -535,799 -43%
Robeco Institutional Asset Management
45
Robeco Institutional Asset Management
Netherlands
$6.42M
JAM
46
Jacobs Asset Management
New York
$5.99M +$3.5M +345,000 +135%
AllianceBernstein
47
AllianceBernstein
Tennessee
$5.93M -$442K -43,510 -7%
HAI
48
Hennessy Advisors Inc
California
$5.89M -$305K -30,000 -5%
Hotchkis & Wiley Capital Management
49
Hotchkis & Wiley Capital Management
California
$5.59M +$127K +12,500 +2%
Public Sector Pension Investment Board (PSP Investments)
50
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.51M +$733K +72,200 +15%

FBP Hedge Fund Activity: Q3 2019 in Review

215 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2019, worth a combined $1.98B — down 10% from $2.2B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of FBP and 23 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 72 added.

The largest buyer was Fidelity Investments, adding an estimated $23.5M. The largest seller was Invesco, cutting an estimated $15.9M.

  • 215 institutional investors held First Bancorp (FBP) as of Q3 2019, down from 220 in Q2 2019.
  • Funds reported $1.98B of First Bancorp stock for Q3 2019, down 10% quarter-over-quarter.
  • 23 funds opened new First Bancorp positions in Q3 2019 and 28 closed out, a net change of -5 holders.
  • The largest First Bancorp buyer in Q3 2019 was Fidelity Investments, an estimated $23.5M added.
  • The largest First Bancorp seller in Q3 2019 was Invesco, an estimated $15.9M sold.

Based on aggregated 13F filings for Q3 2019.