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First Bancorp

215 hedge funds and large institutions have $2.02B invested in First Bancorp in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 89 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more call options, than puts

Call options by funds: $16K | Put options by funds: $5K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

7% more capital invested

Capital invested by funds: $1.9B → $2.02B (+$124M)

0.13% more ownership

Funds ownership: 91.96%92.09% (+0.13%)

7% less funds holding

Funds holding: 230215 (-15)

24% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 89

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

Holders
215
Holders Change
-15
Holders Change %
-6.52%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
16
Increased
68
Reduced
89
Closed
31
Calls
$16K
Puts
$5K
Net Calls
+$11K
Net Calls Change
-$108K
Name Holding Trade Value Shares
Change
Change in
Stake
PM
101
Penbrook Management
New York
$975K -$2.33K -200 -0.3%
Boston Partners
102
Boston Partners
Massachusetts
$960K +$192K +16,503 +27%
JCIA
103
Jackson Creek Investment Advisors
Colorado
$943K +$899K +77,196 New
BNP Paribas Financial Markets
104
BNP Paribas Financial Markets
France
$901K -$610K -52,404 -42%
AB
105
Amalgamated Bank
New York
$892K -$54.2K -4,657 -6%
Ensign Peak Advisors
106
Ensign Peak Advisors
Utah
$882K
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$869K -$32.7K -2,812 -4%
MSRPS
108
Maryland State Retirement & Pension System
Maryland
$856K -$41.1K -3,532 -5%
Franklin Resources
109
Franklin Resources
California
$851K +$2.39K +205 +0.3%
New York State Common Retirement Fund
110
New York State Common Retirement Fund
New York
$810K -$9.06M -778,226 -92%
MAM
111
Martingale Asset Management
Massachusetts
$802K -$46.6K -4,000 -6%
Teacher Retirement System of Texas
112
Teacher Retirement System of Texas
Texas
$780K +$217K +18,647 +41%
TRSOTSOK
113
Teachers Retirement System of the State of Kentucky
Kentucky
$745K +$38.4K +3,302 +6%
RA
114
Royce & Associates
New York
$708K -$39.6K -3,402 -6%
OPERF
115
Oregon Public Employees Retirement Fund
Oregon
$686K -$30.3K -2,600 -4%
ASRS
116
Arizona State Retirement System
Arizona
$617K -$34.8K -2,985 -6%
TCM
117
Teza Capital Management
Illinois
$607K +$216K +18,596 +60%
SIM
118
SummerHaven Investment Management
Connecticut
$601K -$120K -10,335 -17%
JIR
119
James Investment Research
Ohio
$587K
Natixis Advisors
120
Natixis Advisors
Massachusetts
$566K +$106K +9,115 +24%
FIM
121
Freedom Investment Management
Connecticut
$557K -$68.4K -5,876 -11%
E
122
Ergoteles
New York
$551K -$1.63M -140,162 -76%
YMRC
123
Yorktown Management & Research Company
Virginia
$538K -$191K -16,400 -27%
CC
124
Centiva Capital
New York
$489K +$82.2K +7,061 +21%
CRC
125
Curi RMB Capital
Illinois
$483K

FBP Hedge Fund Activity: Q2 2023 in Review

215 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2023, worth a combined $2.02B — up 6.6% from $1.9B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FBP and 16 opened new positions — a net loss of 15 holders — while 89 trimmed existing stakes and 68 added.

The largest buyer was Fidelity Investments, adding an estimated $39M. The largest seller was Dimensional Fund Advisors, cutting an estimated $16.6M.

  • 215 institutional investors held First Bancorp (FBP) as of Q2 2023, down from 230 in Q1 2023.
  • Funds reported $2.02B of First Bancorp stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 16 funds opened new First Bancorp positions in Q2 2023 and 31 closed out, a net change of -15 holders.
  • The largest First Bancorp buyer in Q2 2023 was Fidelity Investments, an estimated $39M added.
  • The largest First Bancorp seller in Q2 2023 was Dimensional Fund Advisors, an estimated $16.6M sold.

Based on aggregated 13F filings for Q2 2023.