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First Bancorp

184 hedge funds and large institutions have $1.03B invested in First Bancorp in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 94 increasing their positions, 43 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 43

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

5% more funds holding

Funds holding: 176184 (+8)

1.36% more ownership

Funds ownership: 91.59%92.95% (+1.4%)

11% less capital invested

Capital invested by funds: $1.16B → $1.03B (-$131M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

100% less call options, than puts

Call options by funds: $1K | Put options by funds: $824K

Holders
184
Holders Change
+8
Holders Change %
+4.55%
% of All Funds
4.59%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
21
Increased
94
Reduced
43
Closed
10
Calls
$1K
Puts
$824K
Net Calls
-$823K
Net Calls Change
-$794K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$117M +$20M +3,509,254 +18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$87.1M +$7.99M +1,400,681 +9%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$60M +$4.91M +860,841 +8%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$59.6M +$4.12M +722,554 +7%
FCM
5
Frontier Capital Management
Massachusetts
$54.3M +$6.18M +1,083,233 +11%
OCM
6
Oaktree Capital Management
California
$51.4M -$56.8M -9,966,341 -50%
THLTP
7
Thomas H. Lee (THL) Partners
Massachusetts
$51.3M -$57M -10,000,000 -50%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$40.5M
Hotchkis & Wiley Capital Management
9
Hotchkis & Wiley Capital Management
California
$29.6M +$2.95M +517,029 +10%
Point72 Asset Management
10
Point72 Asset Management
Connecticut
$28.8M +$21.2M +3,720,200 +195%
Norges Bank
11
Norges Bank
Norway
$28.6M +$12.1M +2,117,294 +61%
JP Morgan Chase
12
JP Morgan Chase
New York
$28.5M -$911K -159,665 -3%
State Street
13
State Street
Massachusetts
$28.3M -$2.61M -457,153 -8%
AQR Capital Management
14
AQR Capital Management
Connecticut
$20.1M +$113K +19,789 +0.5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$18.7M +$930K +163,090 +5%
Thrivent Financial for Lutherans
16
Thrivent Financial for Lutherans
Minnesota
$17.5M +$4.51M +791,317 +30%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$14.3M +$3.38M +592,498 +27%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$13.9M +$1.34M +234,111 +9%
TA
19
Teachers Advisors
New York
$13.1M +$3.06M +536,088 +26%
Millennium Management
20
Millennium Management
New York
$12.4M -$11.8M -2,066,004 -46%
MWNA
21
Marshall Wace North America
New York
$11.6M +$13.1M +2,291,617 +6,119%
Northern Trust
22
Northern Trust
Illinois
$11M +$1.52M +265,775 +14%
Charles Schwab
23
Charles Schwab
California
$10.9M +$882K +154,570 +8%
SCA
24
Stieven Capital Advisors
Missouri
$9.38M -$5.48M -961,645 -34%
TCIM
25
TIAA CREF Investment Management
New York
$7.53M +$412K +72,243 +5%

FBP Hedge Fund Activity: Q3 2017 in Review

184 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2017, worth a combined $1.03B — down 11% from $1.16B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FBP positions and 10 closed out — a net gain of 11 holders — while 94 added to existing stakes and 43 trimmed.

The largest buyer was Point72 Asset Management, adding an estimated $21.2M. The largest seller was Thomas H. Lee (THL) Partners, cutting an estimated $57M.

  • 184 institutional investors held First Bancorp (FBP) as of Q3 2017, up from 176 in Q2 2017.
  • Funds reported $1.03B of First Bancorp stock for Q3 2017, down 11% quarter-over-quarter.
  • 21 funds opened new First Bancorp positions in Q3 2017 and 10 closed out, a net change of +11 holders.
  • The largest First Bancorp buyer in Q3 2017 was Point72 Asset Management, an estimated $21.2M added.
  • The largest First Bancorp seller in Q3 2017 was Thomas H. Lee (THL) Partners, an estimated $57M sold.

Based on aggregated 13F filings for Q3 2017.