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First Bancorp

207 hedge funds and large institutions have $1.11B invested in First Bancorp in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 72 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 19

2% more funds holding

Funds holding: 202207 (+5)

10% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 72

3% more capital invested

Capital invested by funds: $1.08B → $1.11B (+$33.9M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

2.05% less ownership

Funds ownership: 93.29%91.25% (-2%)

67% less call options, than puts

Call options by funds: $317K | Put options by funds: $970K

Holders
207
Holders Change
+5
Holders Change %
+2.48%
% of All Funds
4.24%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
25
Increased
79
Reduced
72
Closed
19
Calls
$317K
Puts
$970K
Net Calls
-$653K
Net Calls Change
+$640K
Name Holding Trade Value Shares
Change
Change in
Stake
QI
51
QS Investors
New York
$2.7M
Invesco
52
Invesco
Georgia
$2.67M -$9.98M -1,841,769 -79%
CSS
53
Cubist Systematic Strategies
Connecticut
$2.67M +$1.74M +320,596 +204%
HAI
54
Hennessy Advisors Inc
California
$2.49M -$596K -110,000 -20%
Victory Capital Management
55
Victory Capital Management
Texas
$2.33M -$2.49M -460,016 -52%
Canada Pension Plan Investment Board
56
Canada Pension Plan Investment Board
Ontario, Canada
$2.33M +$2.25M +416,000 New
State of Wisconsin Investment Board
57
State of Wisconsin Investment Board
Wisconsin
$2.19M +$576K +106,200 +37%
Bank of America
58
Bank of America
North Carolina
$2.17M -$1.43M -264,334 -41%
State of New Jersey Common Pension Fund D
59
State of New Jersey Common Pension Fund D
New Jersey
$2.12M +$863K +159,266 +72%
MCA
60
Mendon Capital Advisors
Florida
$1.96M +$1.9M +350,000 New
AllianceBernstein
61
AllianceBernstein
Tennessee
$1.88M +$71.2K +13,137 +4%
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$1.83M +$15K +2,761 +0.9%
MAM
63
Martingale Asset Management
Massachusetts
$1.75M +$12.9K +2,388 +0.8%
EGM
64
Engineers Gate Manager
New York
$1.72M +$238K +43,828 +17%
MPAM
65
Monarch Partners Asset Management
Massachusetts
$1.69M -$2.01M -370,856 -55%
AIM
66
Aigen Investment Management
New York
$1.63M -$680K -125,410 -30%
TJHA
67
Thomas J. Herzfeld Advisors
Florida
$1.62M
Canada Life
68
Canada Life
Manitoba, Canada
$1.51M -$45.3K -8,351 -3%
Wells Fargo
69
Wells Fargo
California
$1.48M +$564K +104,136 +65%
SFI
70
Susquehanna Fundamental Investments
Pennsylvania
$1.4M +$892K +164,500 +190%
Millennium Management
71
Millennium Management
New York
$1.38M -$10.3M -1,896,028 -88%
UBS Group
72
UBS Group
Switzerland
$1.38M +$704K +129,953 +110%
CS
73
Credit Suisse
Switzerland
$1.33M +$457K +84,301 +55%
Comerica Bank
74
Comerica Bank
Texas
$1.3M +$100K +18,454 +9%
UBS AM
75
UBS AM
Illinois
$1.29M -$275K -50,767 -18%

FBP Hedge Fund Activity: Q2 2020 in Review

207 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2020, worth a combined $1.11B — up 3.1% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FBP positions and 19 closed out — a net gain of 6 holders — while 79 added to existing stakes and 72 trimmed.

The largest buyer was Mirabella Financial Services, adding an estimated $27.2M. The largest seller was EJF Capital, exiting entirely with an estimated $17.8M sold.

  • 207 institutional investors held First Bancorp (FBP) as of Q2 2020, up from 202 in Q1 2020.
  • Funds reported $1.11B of First Bancorp stock for Q2 2020, up 3.1% quarter-over-quarter.
  • 25 funds opened new First Bancorp positions in Q2 2020 and 19 closed out, a net change of +6 holders.
  • The largest First Bancorp buyer in Q2 2020 was Mirabella Financial Services, an estimated $27.2M added.
  • The largest First Bancorp seller in Q2 2020 was EJF Capital, an estimated $17.8M sold.

Based on aggregated 13F filings for Q2 2020.