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First Bancorp

215 hedge funds and large institutions have $2.02B invested in First Bancorp in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 89 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more call options, than puts

Call options by funds: $16K | Put options by funds: $5K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

7% more capital invested

Capital invested by funds: $1.9B → $2.02B (+$124M)

0.13% more ownership

Funds ownership: 91.96%92.09% (+0.13%)

7% less funds holding

Funds holding: 230215 (-15)

24% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 89

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

Holders
215
Holders Change
-15
Holders Change %
-6.52%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
16
Increased
68
Reduced
89
Closed
31
Calls
$16K
Puts
$5K
Net Calls
+$11K
Net Calls Change
-$108K
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$3.48M +$2.11M +180,963 +174%
UBS AM
52
UBS AM
Illinois
$3.29M
BGIM
53
Brandywine Global Investment Management
Pennsylvania
$3.15M +$2.11K +181 +0.1%
Man Group
54
Man Group
United Kingdom
$3M +$2.86M +245,389 New
WMSA
55
Weiss Multi-Strategy Advisers
New York
$2.99M +$2.85M +244,378 New
RA
56
Raffles Associates
New York
$2.97M
CS
57
Credit Suisse
Switzerland
$2.94M +$857K +73,639 +44%
Tudor Investment Corp
58
Tudor Investment Corp
Connecticut
$2.8M -$746K -64,053 -22%
Rafferty Asset Management
59
Rafferty Asset Management
New York
$2.72M +$617K +52,987 +31%
HWAM
60
Hennion & Walsh Asset Management
New Jersey
$2.64M +$714K +61,370 +40%
EP
61
Edgestream Partners
New Jersey
$2.63M +$2.51M +215,190 New
State of New Jersey Common Pension Fund D
62
State of New Jersey Common Pension Fund D
New Jersey
$2.62M +$620K +53,241 +33%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$2.57M -$217K -18,621 -8%
COPPSERS
64
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.48M +$114K +9,771 +5%
JAM
65
Jacobs Asset Management
New York
$2.44M -$2.62M -225,000 -53%
Jane Street
66
Jane Street
New York
$2.36M +$951K +81,658 +73%
EGM
67
Engineers Gate Manager
New York
$2.24M +$346K +29,704 +19%
HF
68
HRT Financial
New York
$2.23M +$379K +32,533 +22%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$2.23M +$390K +33,528 +23%
Canada Life
70
Canada Life
Manitoba, Canada
$2.08M -$214K -18,383 -10%
PI
71
Putnam Investments
Massachusetts
$2.06M -$130K -11,176 -6%
TJHA
72
Thomas J. Herzfeld Advisors
Florida
$1.96M
HAI
73
Hennessy Advisors Inc
California
$1.96M -$640K -55,000 -26%
TPSF
74
Texas Permanent School Fund
Texas
$1.93M -$64.6K -5,552 -3%
Arrowstreet Capital
75
Arrowstreet Capital
Massachusetts
$1.75M +$38.8K +3,334 +2%

FBP Hedge Fund Activity: Q2 2023 in Review

215 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2023, worth a combined $2.02B — up 6.6% from $1.9B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FBP and 16 opened new positions — a net loss of 15 holders — while 89 trimmed existing stakes and 68 added.

The largest buyer was Fidelity Investments, adding an estimated $39M. The largest seller was Dimensional Fund Advisors, cutting an estimated $16.6M.

  • 215 institutional investors held First Bancorp (FBP) as of Q2 2023, down from 230 in Q1 2023.
  • Funds reported $2.02B of First Bancorp stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 16 funds opened new First Bancorp positions in Q2 2023 and 31 closed out, a net change of -15 holders.
  • The largest First Bancorp buyer in Q2 2023 was Fidelity Investments, an estimated $39M added.
  • The largest First Bancorp seller in Q2 2023 was Dimensional Fund Advisors, an estimated $16.6M sold.

Based on aggregated 13F filings for Q2 2023.