First Bancorp
192 hedge funds and large institutions have $1.51B invested in First Bancorp in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 62 reducing their positions, and 13 closing their positions.
1,506% more call options, than puts
Call options by funds: $4.69M | Put options by funds: $292K
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more capital invested
Capital invested by funds: $1.19B → $1.51B (+$324M)
13% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 62
10% more funds holding
Funds holding: 175 → 192 (+17)
0.15% more ownership
Funds ownership: 91.1% → 91.26% (+0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$26.3M |
| 2 |
BlackRock
New York
|
+$21.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$16.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$27.3M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$17.7M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$14.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.1M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$9.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Balyasny Asset Management
Chicago,
Illinois
| – | -$173K | -28,710 | Closed |
|
|
TI
202
Trexquant Investment
Stamford,
Connecticut
| – | -$144K | -23,941 | Closed |
|
|
FRM
203
Fox Run Management
Greenwich,
Connecticut
| – | -$133K | -22,085 | Closed |
|
|
GWS
204
Glassman Wealth Services
Vienna,
Virginia
| – | +$252 | +34 | New |
|
FBP Hedge Fund Activity: Q2 2018 in Review
192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2018, worth a combined $1.51B — up 27% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FBP positions and 13 closed out — a net gain of 18 holders — while 70 added to existing stakes and 62 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $26.3M. The largest seller was Point72 Asset Management, cutting an estimated $27.3M.
- 192 institutional investors held First Bancorp (FBP) as of Q2 2018, up from 175 in Q1 2018.
- Funds reported $1.51B of First Bancorp stock for Q2 2018, up 27% quarter-over-quarter.
- 31 funds opened new First Bancorp positions in Q2 2018 and 13 closed out, a net change of +18 holders.
- The largest First Bancorp buyer in Q2 2018 was EJF Capital, an estimated $26.3M added.
- The largest First Bancorp seller in Q2 2018 was Point72 Asset Management, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2018.