First Bancorp
142 hedge funds and large institutions have $671M invested in First Bancorp in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 26 closing their positions.
100% more call options, than puts
Call options by funds: $54K | Put options by funds: $27K
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
0.22% less ownership
Funds ownership: 88.05% → 87.83% (-0.22%)
8% less funds holding
Funds holding: 155 → 142 (-13)
26% less capital invested
Capital invested by funds: $905M → $671M (-$234M)
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$9.46M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.85M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$8.59M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.77M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$7.88M |
| 2 |
JP Morgan Chase
New York
|
-$5.83M |
| 3 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
-$4.43M |
| 4 |
CC
Consector Capital
New York
|
-$3.92M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.05M |
FBP Hedge Fund Activity: Q3 2015 in Review
142 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2015, worth a combined $671M — down 26% from $905M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FBP and 15 opened new positions — a net loss of 11 holders — while 48 trimmed existing stakes and 61 added.
The largest buyer was State Street, adding an estimated $9.46M. The largest seller was Victory Capital Management, cutting an estimated $7.88M.
- 142 institutional investors held First Bancorp (FBP) as of Q3 2015, down from 155 in Q2 2015.
- Funds reported $671M of First Bancorp stock for Q3 2015, down 26% quarter-over-quarter.
- 15 funds opened new First Bancorp positions in Q3 2015 and 26 closed out, a net change of -11 holders.
- The largest First Bancorp buyer in Q3 2015 was State Street, an estimated $9.46M added.
- The largest First Bancorp seller in Q3 2015 was Victory Capital Management, an estimated $7.88M sold.
Based on aggregated 13F filings for Q3 2015.