First Bancorp
183 hedge funds and large institutions have $1.06B invested in First Bancorp in 2017 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 80 increasing their positions, 48 reducing their positions, and 27 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 48
57% more capital inflows, than outflows
Capital inflows: $313M | Capital outflows: $199M
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
3% more funds holding
Funds holding: 177 → 183 (+6)
1.76% more ownership
Funds ownership: 84.41% → 86.16% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $108K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$112M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20M |
| 4 |
Millennium Management
New York
|
+$18.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thomas H. Lee (THL) Partners
Boston,
Massachusetts
|
-$73.1M |
| 2 |
Oaktree Capital Management
Los Angeles,
California
|
-$73M |
| 3 |
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$19.6M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$5.95M |
| 5 |
Crosspoint Capital Strategies
Orinda,
California
|
-$3.37M |
FBP Hedge Fund Activity: Q1 2017 in Review
183 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2017, worth a combined $1.06B — down 13% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FBP positions and 27 closed out — a net gain of 11 holders — while 80 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $112M. The largest seller was Thomas H. Lee (THL) Partners, cutting an estimated $73.1M.
- 183 institutional investors held First Bancorp (FBP) as of Q1 2017, up from 177 in Q4 2016.
- Funds reported $1.06B of First Bancorp stock for Q1 2017, down 13% quarter-over-quarter.
- 38 funds opened new First Bancorp positions in Q1 2017 and 27 closed out, a net change of +11 holders.
- The largest First Bancorp buyer in Q1 2017 was BlackRock, an estimated $112M added.
- The largest First Bancorp seller in Q1 2017 was Thomas H. Lee (THL) Partners, an estimated $73.1M sold.
Based on aggregated 13F filings for Q1 2017.