First Bancorp
247 hedge funds and large institutions have $2.14B invested in First Bancorp in 2019 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 86 increasing their positions, 67 reducing their positions, and 17 closing their positions.
229% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 17
28% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 67
15% more funds holding
Funds holding: 215 → 247 (+32)
8% more capital invested
Capital invested by funds: $1.98B → $2.14B (+$156M)
1.54% more ownership
Funds ownership: 91.41% → 92.95% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
+$17.9M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$17M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$10.7M |
| 4 |
Goldman Sachs
New York
|
+$10M |
| 5 |
Man Group
London,
United Kingdom
|
+$8.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.9M |
| 3 |
Millennium Management
New York
|
-$19.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14.3M |
| 5 |
JP Morgan Chase
New York
|
-$10.9M |
FBP Hedge Fund Activity: Q4 2019 in Review
247 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q4 2019, worth a combined $2.14B — up 7.9% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new FBP positions and 17 closed out — a net gain of 39 holders — while 86 added to existing stakes and 67 trimmed.
The largest buyer was Marshall Wace North America, adding an estimated $17.9M. The largest seller was Point72 Asset Management, cutting an estimated $20.1M.
- 247 institutional investors held First Bancorp (FBP) as of Q4 2019, up from 215 in Q3 2019.
- Funds reported $2.14B of First Bancorp stock for Q4 2019, up 7.9% quarter-over-quarter.
- 56 funds opened new First Bancorp positions in Q4 2019 and 17 closed out, a net change of +39 holders.
- The largest First Bancorp buyer in Q4 2019 was Marshall Wace North America, an estimated $17.9M added.
- The largest First Bancorp seller in Q4 2019 was Point72 Asset Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2019.