First Bancorp
FBP
130 hedge funds and large institutions have $944M invested in First Bancorp in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 64 increasing their positions, 26 reducing their positions, and 10 closing their positions.
146% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 26
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
8% more funds holding
Funds holding: 120 → 130 (+10)
2% more capital invested
Capital invested by funds: $924M → $944M (+$20.2M)
0.98% more ownership
Funds ownership: 82.26% → 83.24% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $28K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$7.24M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$6.54M |
| 3 |
DI
Dalton Investments
Las Vegas,
Nevada
|
+$6.16M |
| 4 |
CC
Consector Capital
New York
|
+$3.81M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.71M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$6.54M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.57M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.34M |
FBP Hedge Fund Activity: Q2 2014 in Review
130 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2014, worth a combined $944M — up 2.2% from $924M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FBP positions and 10 closed out — a net gain of 10 holders — while 64 added to existing stakes and 26 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $7.24M. The largest seller was Wellington Management Group, cutting an estimated $17.9M.
- 130 institutional investors held First Bancorp (FBP) as of Q2 2014, up from 120 in Q1 2014.
- Funds reported $944M of First Bancorp stock for Q2 2014, up 2.2% quarter-over-quarter.
- 20 funds opened new First Bancorp positions in Q2 2014 and 10 closed out, a net change of +10 holders.
- The largest First Bancorp buyer in Q2 2014 was JP Morgan Chase, an estimated $7.24M added.
- The largest First Bancorp seller in Q2 2014 was Wellington Management Group, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2014.