First Bancorp
220 hedge funds and large institutions have $2.2B invested in First Bancorp in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 82 increasing their positions, 65 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
26% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 65
2% more funds holding
Funds holding: 216 → 220 (+4)
1.23% more ownership
Funds ownership: 90.94% → 92.16% (+1.2%)
2% less capital invested
Capital invested by funds: $2.26B → $2.2B (-$51.9M)
90% less call options, than puts
Call options by funds: $224K | Put options by funds: $2.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$23.4M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$20.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$19.8M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
-$86.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$21.8M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$10.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.21M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$6.29M |
FBP Hedge Fund Activity: Q2 2019 in Review
220 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2019, worth a combined $2.2B — down 2.3% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FBP positions and 23 closed out — a net gain of 8 holders — while 82 added to existing stakes and 65 trimmed.
The largest buyer was Millennium Management, adding an estimated $23.4M. The largest seller was Moore Capital Management, exiting entirely with an estimated $86.3M sold.
- 220 institutional investors held First Bancorp (FBP) as of Q2 2019, up from 216 in Q1 2019.
- Funds reported $2.2B of First Bancorp stock for Q2 2019, down 2.3% quarter-over-quarter.
- 31 funds opened new First Bancorp positions in Q2 2019 and 23 closed out, a net change of +8 holders.
- The largest First Bancorp buyer in Q2 2019 was Millennium Management, an estimated $23.4M added.
- The largest First Bancorp seller in Q2 2019 was Moore Capital Management, an estimated $86.3M sold.
Based on aggregated 13F filings for Q2 2019.