First Bancorp
145 hedge funds and large institutions have $1.05B invested in First Bancorp in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 49 increasing their positions, 36 reducing their positions, and 17 closing their positions.
106% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 17
36% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 36
27% more capital invested
Capital invested by funds: $825M → $1.05B (+$221M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more funds holding
Funds holding: 131 → 145 (+14)
1.82% more ownership
Funds ownership: 81.83% → 83.65% (+1.8%)
95% less call options, than puts
Call options by funds: $2K | Put options by funds: $42K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$39.8M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$10.8M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$6.73M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$4.47M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$16.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.85M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.59M |
| 5 |
DI
Dalton Investments
Las Vegas,
Nevada
|
-$3.99M |
FBP Hedge Fund Activity: Q4 2014 in Review
145 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q4 2014, worth a combined $1.05B — up 27% from $825M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FBP positions and 17 closed out — a net gain of 18 holders — while 49 added to existing stakes and 36 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $39.8M. The largest seller was EJF Capital, cutting an estimated $16.7M.
- 145 institutional investors held First Bancorp (FBP) as of Q4 2014, up from 131 in Q3 2014.
- Funds reported $1.05B of First Bancorp stock for Q4 2014, up 27% quarter-over-quarter.
- 35 funds opened new First Bancorp positions in Q4 2014 and 17 closed out, a net change of +18 holders.
- The largest First Bancorp buyer in Q4 2014 was Victory Capital Management, an estimated $39.8M added.
- The largest First Bancorp seller in Q4 2014 was EJF Capital, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2014.