First Bancorp
151 hedge funds and large institutions have $601M invested in First Bancorp in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
6% more funds holding
Funds holding: 142 → 151 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.14% less ownership
Funds ownership: 87.83% → 86.69% (-1.1%)
10% less capital invested
Capital invested by funds: $671M → $601M (-$69.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$6.36M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.22M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$4.07M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$3.66M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$21.7M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.46M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.26M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$2.69M |
| 5 |
CC
Consector Capital
New York
|
-$2.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
151
Consector Capital
New York
| – | -$2.66M | -748,357 | Closed |
|
152
Renaissance Technologies
New York
| – | -$1.4M | -392,400 | Closed |
|
153
American Century Companies
Kansas City,
Missouri
| – | -$713K | -200,382 | Closed |
|
|
VIA
154
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$247K | -69,453 | Closed |
|
155
SG Americas Securities
New York
| – | -$218K | -61,162 | Closed |
|
|
ARTA
156
A.R.T. Advisors
New York
| – | -$192K | -53,986 | Closed |
|
|
CC
157
Cipher Capital
New York
| – | -$179K | -50,350 | Closed |
|
|
BAAM
158
Baker Avenue Asset Management
San Francisco,
California
| – | -$172K | -48,180 | Closed |
|
|
PL
159
Parkwood LLC
Cleveland,
Ohio
| – | -$99K | -27,696 | Closed |
|
160
Group One Trading
Chicago,
Illinois
| – | -$22K | -6,200 | Closed |
|
|
ST
161
Spot Trading
Chicago,
Illinois
| – | -$16K | -4,500 | Closed |
|
162
Simplex Trading
Chicago,
Illinois
| – | -$6.03K | -1,632 | -97% |
|
163
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -853 | Closed |
|
|
MA
164
MUFG Americas
New York
| – | -$2K | -555 | Closed |
|
FBP Hedge Fund Activity: Q4 2015 in Review
151 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q4 2015, worth a combined $601M — down 10% from $671M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FBP positions and 14 closed out — a net gain of 10 holders — while 59 added to existing stakes and 46 trimmed.
The largest buyer was Chartwell Investment Partners, adding an estimated $6.36M. The largest seller was State Street, cutting an estimated $21.7M.
- 151 institutional investors held First Bancorp (FBP) as of Q4 2015, up from 142 in Q3 2015.
- Funds reported $601M of First Bancorp stock for Q4 2015, down 10% quarter-over-quarter.
- 24 funds opened new First Bancorp positions in Q4 2015 and 14 closed out, a net change of +10 holders.
- The largest First Bancorp buyer in Q4 2015 was Chartwell Investment Partners, an estimated $6.36M added.
- The largest First Bancorp seller in Q4 2015 was State Street, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2015.