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First Bancorp

120 hedge funds and large institutions have $924M invested in First Bancorp in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

0.29% more ownership

Funds ownership: 81.97%82.26% (+0.29%)

1% less funds holding

Funds holding: 121120 (-1)

2% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 44

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

12% less capital invested

Capital invested by funds: $1.05B → $924M (-$123M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $27K

Holders
120
Holders Change
-1
Holders Change %
-0.83%
% of All Funds
3.47%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.14%
New
15
Increased
43
Reduced
44
Closed
16
Calls
Puts
$27K
Net Calls
-$27K
Net Calls Change
+$174K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Teachers Retirement System (NYSTRS)
76
New York State Teachers Retirement System (NYSTRS)
New York
$248K -$10.6K -2,000 -4%
VOYA Investment Management
77
VOYA Investment Management
Georgia
$244K
Morgan Stanley
78
Morgan Stanley
New York
$241K -$966K -182,281 -80%
TRSOTSOK
79
Teachers Retirement System of the State of Kentucky
Kentucky
$223K
Millennium Management
80
Millennium Management
New York
$218K -$1.11M -208,896 -84%
CAM
81
Capstone Asset Management
Texas
$210K +$10.4K +1,970 +5%
SCA
82
SAC Capital Advisors
Connecticut
$209K +$79.1K +14,934 +63%
Thrivent Financial for Lutherans
83
Thrivent Financial for Lutherans
Minnesota
$197K
UBS AM
84
UBS AM
Illinois
$158K
Marshall Wace
85
Marshall Wace
United Kingdom
$157K +$153K +28,788 New
Susquehanna International Group
86
Susquehanna International Group
Pennsylvania
$146K -$114K -21,551 -44%
VKH
87
Virtu KCG Holdings
New York
$137K +$63.8K +12,045 +92%
Citigroup
88
Citigroup
New York
$136K -$13.5K -2,554 -9%
PI
89
PineBridge Investments
New York
$136K -$5.04K -952 -4%
Los Angeles Capital Management
90
Los Angeles Capital Management
California
$135K +$12.5K +2,350 +10%
QBFM
91
QS Batterymarch Financial Management
New York
$134K
Neuberger Berman Group
92
Neuberger Berman Group
New York
$132K -$6.84K -1,290 -5%
MERSOM
93
Municipal Employees' Retirement System of Michigan
Michigan
$131K +$128K +24,100 New
PA
94
Profund Advisors
Maryland
$119K -$145K -27,441 -56%
PL
95
Parkwood LLC
Ohio
$102K +$2.54K +479 +3%
T. Rowe Price Associates
96
T. Rowe Price Associates
Maryland
$92K +$90.1K +17,000 New
TC
97
TFS Capital
Pennsylvania
$91K -$703K -132,660 -89%
U
98
UBS
Switzerland
$85K +$78.9K +14,882 +1,833%
Two Sigma Investments
99
Two Sigma Investments
New York
$75K -$1.28M -242,002 -95%
CIBC Asset Management
100
CIBC Asset Management
Ontario, Canada
$73K +$70.9K +13,380 New

FBP Hedge Fund Activity: Q1 2014 in Review

120 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2014, worth a combined $924M — down 12% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FBP and 15 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 43 added.

The largest buyer was Consector Capital, adding an estimated $11.3M. The largest seller was Wellington Management Group, cutting an estimated $27.6M.

  • 120 institutional investors held First Bancorp (FBP) as of Q1 2014, down from 121 in Q4 2013.
  • Funds reported $924M of First Bancorp stock for Q1 2014, down 12% quarter-over-quarter.
  • 15 funds opened new First Bancorp positions in Q1 2014 and 16 closed out, a net change of -1 holder.
  • The largest First Bancorp buyer in Q1 2014 was Consector Capital, an estimated $11.3M added.
  • The largest First Bancorp seller in Q1 2014 was Wellington Management Group, an estimated $27.6M sold.

Based on aggregated 13F filings for Q1 2014.