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First Bancorp

215 hedge funds and large institutions have $2.02B invested in First Bancorp in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 89 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more call options, than puts

Call options by funds: $16K | Put options by funds: $5K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

7% more capital invested

Capital invested by funds: $1.9B → $2.02B (+$124M)

0.13% more ownership

Funds ownership: 91.96%92.09% (+0.13%)

7% less funds holding

Funds holding: 230215 (-15)

24% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 89

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

Holders
215
Holders Change
-15
Holders Change %
-6.52%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
16
Increased
68
Reduced
89
Closed
31
Calls
$16K
Puts
$5K
Net Calls
+$11K
Net Calls Change
-$108K
Name Holding Trade Value Shares
Change
Change in
Stake
CAPTRUST Financial Advisors
151
CAPTRUST Financial Advisors
North Carolina
$246K -$3.84K -330 -2%
CGH
152
Crossmark Global Holdings
Texas
$238K
Mariner
153
Mariner
Kansas
$235K -$6.3K -541 -3%
PAMS
154
Pictet Asset Management (Switzerland)
Switzerland
$228K -$52.2K -4,485 -19%
Verition Fund Management
155
Verition Fund Management
Connecticut
$227K +$217K +18,604 New
SAM
156
Shell Asset Management
Netherlands
$226K -$1.2K -103 -0.6%
Allianz Asset Management
157
Allianz Asset Management
Germany
$216K +$9.31K +800 +5%
PNC Financial Services Group
158
PNC Financial Services Group
Pennsylvania
$209K +$6.87K +590 +4%
PA
159
Profund Advisors
Maryland
$202K -$27.9K -2,395 -13%
API
160
Advisor Partners II
California
$198K -$10K -862 -5%
Commonwealth Equity Services
161
Commonwealth Equity Services
Massachusetts
$188K +$861 +74 +0.5%
Envestnet Asset Management
162
Envestnet Asset Management
Illinois
$180K -$16.5K -1,414 -9%
TI
163
Trexquant Investment
Connecticut
$180K -$445K -38,238 -72%
AIP
164
Ameritas Investment Partners
Nebraska
$180K
C
165
Covestor
United Kingdom
$177K +$67.3K +5,780 +66%
X
166
Xponance
Pennsylvania
$175K +$33.7K +2,893 +25%
KBC Group
167
KBC Group
Belgium
$166K -$16K -1,375 -9%
NC
168
NinePointTwo Capital
California
$166K
DA
169
Duality Advisers
Florida
$166K +$158K +13,563 New
CAM
170
Cresset Asset Management
Illinois
$160K +$152K +13,091 New
Mackenzie Financial
171
Mackenzie Financial
Ontario, Canada
$145K
Nisa Investment Advisors
172
Nisa Investment Advisors
Missouri
$142K +$40.6K +3,484 +43%
TWC
173
TD Waterhouse Canada
Ontario, Canada
$140K -$23.2K -1,990 -15%
FM
174
Foster & Motley
Ohio
$137K -$41.1K -3,529 -24%
Mercer Global Advisors
175
Mercer Global Advisors
Colorado
$133K +$1.9K +163 +2%

FBP Hedge Fund Activity: Q2 2023 in Review

215 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2023, worth a combined $2.02B — up 6.6% from $1.9B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FBP and 16 opened new positions — a net loss of 15 holders — while 89 trimmed existing stakes and 68 added.

The largest buyer was Fidelity Investments, adding an estimated $39M. The largest seller was Dimensional Fund Advisors, cutting an estimated $16.6M.

  • 215 institutional investors held First Bancorp (FBP) as of Q2 2023, down from 230 in Q1 2023.
  • Funds reported $2.02B of First Bancorp stock for Q2 2023, up 6.6% quarter-over-quarter.
  • 16 funds opened new First Bancorp positions in Q2 2023 and 31 closed out, a net change of -15 holders.
  • The largest First Bancorp buyer in Q2 2023 was Fidelity Investments, an estimated $39M added.
  • The largest First Bancorp seller in Q2 2023 was Dimensional Fund Advisors, an estimated $16.6M sold.

Based on aggregated 13F filings for Q2 2023.