We are live on ! Find out more
FBP icon

First Bancorp
FBP

241 hedge funds and large institutions have $2.73B invested in First Bancorp in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 111 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $2.63B → $2.73B (+$97.9M)

0.37% more ownership

Funds ownership: 92.62% → 92.99% (+0.37%)

1% less call options, than puts

Call options by funds: $906K | Put options by funds: $915K

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

1% less funds holding

Funds holding: 244 → 241 (-3)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

35% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 111

Holders
241
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.47%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
26
Increased
72
Reduced
111
Closed
27
Calls
$906K
Puts
$915K
Net Calls
-$9K
Net Calls Change
-$197K

Top Buyers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$19.9M
2
Bank of America
Bank of America
North Carolina
+$17.5M
3
First Trust Advisors
First Trust Advisors
Illinois
+$17.1M
4
JAM
Jupiter Asset Management
United Kingdom
+$15.8M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$7.45M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$49.4M
2
JP Morgan Chase
JP Morgan Chase
New York
-$17.5M
3
BlackRock
BlackRock
New York
-$11.1M
4
AllianceBernstein
AllianceBernstein
Tennessee
-$9.52M
5
Millennium Management
Millennium Management
New York
-$9.19M
Name Holding Trade Value Shares
Change 		Change in
Stake
Teacher Retirement System of Texas
101
Teacher Retirement System of Texas
Texas
$1.3M +$226K +13,641 +23%
PM
102
Penbrook Management
New York
$1.25M -$134K -8,100 -10%
Macquarie Group
103
Macquarie Group
Australia
$1.16M – – –
WCM
104
Wedge Capital Management
North Carolina
$1.16M +$1.09M +65,876 New
EGM
105
Engineers Gate Manager
New York
$1.14M -$190K -11,466 -15%
CCIA
106
Campbell & Co Investment Adviser
Maryland
$1.1M +$161K +9,697 +18%
Wells Fargo
107
Wells Fargo
California
$1.1M -$307K -18,517 -23%
TRSOTSOK
108
Teachers Retirement System of the State of Kentucky
Kentucky
$1.07M – – –
SIM
109
SummerHaven Investment Management
Connecticut
$1M +$9.91K +597 +1%
MSRPS
110
Maryland State Retirement & Pension System
Maryland
$990K -$33.7K -2,030 -3%
AQR Capital Management
111
AQR Capital Management
Connecticut
$947K +$286K +17,244 +47%
Mirae Asset Global Investments
112
Mirae Asset Global Investments
South Korea
$940K – – –
Los Angeles Capital Management
113
Los Angeles Capital Management
California
$934K +$68.3K +4,118 +8%
AB
114
Amalgamated Bank
New York
$928K -$210K -12,645 -19%
National Bank of Canada
115
National Bank of Canada
Quebec, Canada
$907K -$916K -55,212 -52%
MAM
116
Martingale Asset Management
Massachusetts
$886K +$461K +27,796 +122%
VF
117
Vest Financial
Virginia
$883K +$597K +36,004 +252%
JIR
118
James Investment Research
Ohio
$843K +$282 +17 +0%
ASRS
119
Arizona State Retirement System
Arizona
$832K -$40.2K -2,421 -5%
VI
120
Versor Investments
New York
$819K +$498K +30,000 +180%
YIH
121
Y-Intercept (HK)
Hong Kong
$817K -$117K -7,038 -13%
Natixis Advisors
122
Natixis Advisors
Massachusetts
$812K +$26.9K +1,624 +4%
OPERF
123
Oregon Public Employees Retirement Fund
Oregon
$792K -$87.4K -5,267 -10%
TCM
124
Teza Capital Management
Illinois
$717K +$500K +30,161 +282%
Handelsbanken Fonder
125
Handelsbanken Fonder
Sweden
$641K – – –
3 4
5
6 7

FBP Hedge Fund Activity: Q1 2024 in Review

241 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2024, worth a combined $2.73B — up 3.7% from $2.63B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of FBP and 26 opened new positions — a net loss of 1 holder — while 111 trimmed existing stakes and 72 added.

The largest buyer was Arrowstreet Capital, adding an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $49.4M.

  • 241 institutional investors held First Bancorp (FBP) as of Q1 2024, down from 244 in Q4 2023.
  • Funds reported $2.73B of First Bancorp stock for Q1 2024, up 3.7% quarter-over-quarter.
  • 26 funds opened new First Bancorp positions in Q1 2024 and 27 closed out, a net change of -1 holder.
  • The largest First Bancorp buyer in Q1 2024 was Arrowstreet Capital, an estimated $19.9M added.
  • The largest First Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $49.4M sold.

Based on aggregated 13F filings for Q1 2024.