First Bancorp
163 hedge funds and large institutions have $970M invested in First Bancorp in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 57 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
31% more capital invested
Capital invested by funds: $739M → $970M (+$231M)
7% more funds holding
Funds holding: 152 → 163 (+11)
0.17% more ownership
Funds ownership: 85.72% → 85.89% (+0.17%)
5% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.07M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.73M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.26M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.36M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$6.14M |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$2.7M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.63M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.93M |
FBP Hedge Fund Activity: Q3 2016 in Review
163 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2016, worth a combined $970M — up 31% from $739M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FBP positions and 9 closed out — a net gain of 11 holders — while 54 added to existing stakes and 57 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $8.07M. The largest seller was Point72 Asset Management, cutting an estimated $6.36M.
- 163 institutional investors held First Bancorp (FBP) as of Q3 2016, up from 152 in Q2 2016.
- Funds reported $970M of First Bancorp stock for Q3 2016, up 31% quarter-over-quarter.
- 20 funds opened new First Bancorp positions in Q3 2016 and 9 closed out, a net change of +11 holders.
- The largest First Bancorp buyer in Q3 2016 was JP Morgan Chase, an estimated $8.07M added.
- The largest First Bancorp seller in Q3 2016 was Point72 Asset Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q3 2016.