First Bancorp
151 hedge funds and large institutions have $739M invested in First Bancorp in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
67% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 39
37% more capital invested
Capital invested by funds: $540M → $739M (+$198M)
6% more funds holding
Funds holding: 143 → 151 (+8)
0.7% less ownership
Funds ownership: 86.42% → 85.72% (-0.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
82% less call options, than puts
Call options by funds: $72K | Put options by funds: $396K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5.66M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.33M |
| 3 |
SV
Stilwell Value
New York
|
+$2.92M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.47M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.86M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$6.67M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$4.03M |
| 4 |
Two Sigma Investments
New York
|
-$2.51M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
151
Southport Capital Management
Chattanooga,
Tennessee
| $1K | +$1.13K | +300 | New |
|
|
EAM
152
EverPoint Asset Management
Stamford,
Connecticut
| – | -$4.03M | -1,378,437 | Closed |
|
|
153
First Trust Advisors
Wheaton,
Illinois
| – | -$1.85M | -635,240 | Closed |
|
|
HCS
154
Harvest Capital Strategies
San Francisco,
California
| – | -$205K | -70,164 | Closed |
|
|
TC
155
TFS Capital
West Chester,
Pennsylvania
| – | -$166K | -56,945 | Closed |
|
|
WS
156
Wedbush Securities
Los Angeles,
California
| – | -$117K | -40,234 | Closed |
|
157
Marshall Wace
London,
United Kingdom
| – | -$101K | -34,521 | Closed |
|
|
DTL
158
Dynamic Technology Lab
Singapore
| – | -$100K | -34,171 | Closed |
|
159
Simplex Trading
Chicago,
Illinois
| – | -$60.3K | -16,043 | Closed |
|
|
AWCI
160
Alpine Woods Capital Investors
Purchase,
New York
| – | -$44K | -15,000 | Closed |
|
161
D.E. Shaw & Co
New York
| – | -$32K | -11,125 | Closed |
|
|
HNB
162
Huntington National Bank
Columbus,
Ohio
| – | -$34K | -5,559 | Closed |
|
163
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$14K | -4,965 | Closed |
|
FBP Hedge Fund Activity: Q2 2016 in Review
151 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2016, worth a combined $739M — up 37% from $540M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FBP positions and 12 closed out — a net gain of 10 holders — while 65 added to existing stakes and 39 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $5.66M. The largest seller was EJF Capital, cutting an estimated $9.86M.
- 151 institutional investors held First Bancorp (FBP) as of Q2 2016, up from 143 in Q1 2016.
- Funds reported $739M of First Bancorp stock for Q2 2016, up 37% quarter-over-quarter.
- 22 funds opened new First Bancorp positions in Q2 2016 and 12 closed out, a net change of +10 holders.
- The largest First Bancorp buyer in Q2 2016 was JP Morgan Chase, an estimated $5.66M added.
- The largest First Bancorp seller in Q2 2016 was EJF Capital, an estimated $9.86M sold.
Based on aggregated 13F filings for Q2 2016.