First Bancorp
214 hedge funds and large institutions have $2.32B invested in First Bancorp in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 21 closing their positions.
174% more call options, than puts
Call options by funds: $4.3M | Put options by funds: $1.57M
3% more capital invested
Capital invested by funds: $2.26B → $2.32B (+$57M)
2% less funds holding
Funds holding: 218 → 214 (-4)
1.84% less ownership
Funds ownership: 92.11% → 90.27% (-1.8%)
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$24M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.7M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$21.2M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$10.6M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Arctis Global
San Juan,
Puerto Rico
|
-$37M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
| 3 |
Goldman Sachs
New York
|
-$17.3M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$15.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.2M |
FBP Hedge Fund Activity: Q2 2021 in Review
214 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2021, worth a combined $2.32B — up 2.5% from $2.26B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FBP and 17 opened new positions — a net loss of 4 holders — while 85 trimmed existing stakes and 76 added.
The largest buyer was State Street, adding an estimated $24M. The largest seller was Arctis Global, cutting an estimated $37M.
- 214 institutional investors held First Bancorp (FBP) as of Q2 2021, down from 218 in Q1 2021.
- Funds reported $2.32B of First Bancorp stock for Q2 2021, up 2.5% quarter-over-quarter.
- 17 funds opened new First Bancorp positions in Q2 2021 and 21 closed out, a net change of -4 holders.
- The largest First Bancorp buyer in Q2 2021 was State Street, an estimated $24M added.
- The largest First Bancorp seller in Q2 2021 was Arctis Global, an estimated $37M sold.
Based on aggregated 13F filings for Q2 2021.