First Bancorp
FBP
204 hedge funds and large institutions have $999M invested in First Bancorp in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 72 reducing their positions, and 31 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
37% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.12M
4% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 72
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
1% less funds holding
Funds holding: 207 → 204 (-3)
4.52% less ownership
Funds ownership: 91.25% → 86.72% (-4.5%)
10% less capital invested
Capital invested by funds: $1.11B → $999M (-$114M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.31M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$4.53M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.64M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.5M |
| 5 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$38.5M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$6.68M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.34M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.14M |
| 5 |
State Street
Boston,
Massachusetts
|
-$5.6M |
FBP Hedge Fund Activity: Q3 2020 in Review
204 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2020, worth a combined $999M — down 10% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FBP and 28 opened new positions — a net loss of 3 holders — while 72 trimmed existing stakes and 69 added.
The largest buyer was Morgan Stanley, adding an estimated $6.31M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $38.5M sold.
- 204 institutional investors held First Bancorp (FBP) as of Q3 2020, down from 207 in Q2 2020.
- Funds reported $999M of First Bancorp stock for Q3 2020, down 10% quarter-over-quarter.
- 28 funds opened new First Bancorp positions in Q3 2020 and 31 closed out, a net change of -3 holders.
- The largest First Bancorp buyer in Q3 2020 was Morgan Stanley, an estimated $6.31M added.
- The largest First Bancorp seller in Q3 2020 was Mirabella Financial Services, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2020.