First Bancorp
176 hedge funds and large institutions have $1.16B invested in First Bancorp in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 82 increasing their positions, 50 reducing their positions, and 25 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 50
9% more capital invested
Capital invested by funds: $1.06B → $1.16B (+$99.3M)
5.43% more ownership
Funds ownership: 86.16% → 91.59% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 183 → 176 (-7)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $29K
Top Buyers
Top Sellers
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$8.47M |
| 2 |
Millennium Management
New York
|
-$6.14M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.5M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$3.65M |
| 5 |
Two Sigma Investments
New York
|
-$3.12M |
FBP Hedge Fund Activity: Q2 2017 in Review
176 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2017, worth a combined $1.16B — up 9.4% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FBP and 18 opened new positions — a net loss of 7 holders — while 50 trimmed existing stakes and 82 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $14.2M. The largest seller was EJF Capital, exiting entirely with an estimated $8.47M sold.
- 176 institutional investors held First Bancorp (FBP) as of Q2 2017, down from 183 in Q1 2017.
- Funds reported $1.16B of First Bancorp stock for Q2 2017, up 9.4% quarter-over-quarter.
- 18 funds opened new First Bancorp positions in Q2 2017 and 25 closed out, a net change of -7 holders.
- The largest First Bancorp buyer in Q2 2017 was Thrivent Financial for Lutherans, an estimated $14.2M added.
- The largest First Bancorp seller in Q2 2017 was EJF Capital, an estimated $8.47M sold.
Based on aggregated 13F filings for Q2 2017.