First Bancorp
234 hedge funds and large institutions have $2.51B invested in First Bancorp in 2021 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 62 increasing their positions, 98 reducing their positions, and 15 closing their positions.
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
32% more call options, than puts
Call options by funds: $4.88M | Put options by funds: $3.69M
9% more funds holding
Funds holding: 214 → 234 (+20)
8% more capital invested
Capital invested by funds: $2.32B → $2.51B (+$187M)
1.16% more ownership
Funds ownership: 90.27% → 91.43% (+1.2%)
37% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 98
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$26.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$24M |
| 3 |
Goldman Sachs
New York
|
+$22.7M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$17.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$38M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$37M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$23.5M |
| 4 |
JP Morgan Chase
New York
|
-$19.2M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$14M |
FBP Hedge Fund Activity: Q3 2021 in Review
234 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2021, worth a combined $2.51B — up 8% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FBP positions and 15 closed out — a net gain of 22 holders — while 62 added to existing stakes and 98 trimmed.
The largest buyer was Man Group, adding an estimated $26.4M. The largest seller was EJF Capital, cutting an estimated $38M.
- 234 institutional investors held First Bancorp (FBP) as of Q3 2021, up from 214 in Q2 2021.
- Funds reported $2.51B of First Bancorp stock for Q3 2021, up 8% quarter-over-quarter.
- 37 funds opened new First Bancorp positions in Q3 2021 and 15 closed out, a net change of +22 holders.
- The largest First Bancorp buyer in Q3 2021 was Man Group, an estimated $26.4M added.
- The largest First Bancorp seller in Q3 2021 was EJF Capital, an estimated $38M sold.
Based on aggregated 13F filings for Q3 2021.