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First Bancorp

174 hedge funds and large institutions have $1.02B invested in First Bancorp in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 66 increasing their positions, 56 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 56

0.32% less ownership

Funds ownership: 92.95%92.63% (-0.32%)

1% less capital invested

Capital invested by funds: $1.03B → $1.02B (-$6.02M)

5% less funds holding

Funds holding: 184174 (-10)

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

44% less call options, than puts

Call options by funds: $65K | Put options by funds: $117K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
174
Holders Change
-10
Holders Change %
-5.43%
% of All Funds
3.95%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
29
Increased
66
Reduced
56
Closed
38
Calls
$65K
Puts
$117K
Net Calls
-$52K
Net Calls Change
+$771K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$120M +$3.27M +654,894 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$94.2M +$7.26M +1,455,752 +9%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$69.9M +$9.98M +2,001,349 +17%
Point72 Asset Management
4
Point72 Asset Management
Connecticut
$57.9M +$28.5M +5,716,510 +102%
FCM
5
Frontier Capital Management
Massachusetts
$53.2M -$858K -172,035 -2%
OCM
6
Oaktree Capital Management
California
$47.6M -$3.49M -700,000 -7%
State Street
7
State Street
Massachusetts
$39.7M +$11.2M +2,241,565 +40%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$35.8M -$4.48M -899,303 -11%
Hotchkis & Wiley Capital Management
9
Hotchkis & Wiley Capital Management
California
$31M +$1.47M +295,472 +5%
JP Morgan Chase
10
JP Morgan Chase
New York
$30M +$1.96M +392,067 +7%
Norges Bank
11
Norges Bank
Norway
$29.8M +$1.28M +256,007 +5%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$23.7M -$34.8M -6,982,382 -60%
MCM
13
Moore Capital Management
New York
$22.4M +$21.9M +4,393,972 New
CC
14
Carlson Capital
Texas
$18.8M +$12.3M +2,467,504 +203%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$18M +$575K +115,262 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$16.6M -$1.97M -394,761 -11%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$15.9M +$1.65M +330,148 +12%
VOYA Investment Management
18
VOYA Investment Management
Georgia
$15.2M +$13.2M +2,653,415 +820%
LCM
19
Laurion Capital Management
New York
$14.5M +$14.2M +2,837,667 New
SCA
20
Stieven Capital Advisors
Missouri
$13.9M +$4.46M +895,200 +49%
AQR Capital Management
21
AQR Capital Management
Connecticut
$12.1M -$7.77M -1,558,755 -40%
Two Sigma Investments
22
Two Sigma Investments
New York
$11.8M +$4.48M +898,288 +63%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$11.7M -$2.12M -424,143 -16%
Ameriprise
24
Ameriprise
Minnesota
$11.6M +$4.04M +809,315 +55%
TA
25
Teachers Advisors
New York
$11.3M -$1.69M -338,327 -13%

FBP Hedge Fund Activity: Q4 2017 in Review

174 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q4 2017, worth a combined $1.02B — down 0.59% from $1.03B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of FBP and 29 opened new positions — a net loss of 9 holders — while 56 trimmed existing stakes and 66 added.

The largest buyer was Point72 Asset Management, adding an estimated $28.5M. The largest seller was Thomas H. Lee (THL) Partners, exiting entirely with an estimated $51.3M sold.

  • 174 institutional investors held First Bancorp (FBP) as of Q4 2017, down from 184 in Q3 2017.
  • Funds reported $1.02B of First Bancorp stock for Q4 2017, down 0.59% quarter-over-quarter.
  • 29 funds opened new First Bancorp positions in Q4 2017 and 38 closed out, a net change of -9 holders.
  • The largest First Bancorp buyer in Q4 2017 was Point72 Asset Management, an estimated $28.5M added.
  • The largest First Bancorp seller in Q4 2017 was Thomas H. Lee (THL) Partners, an estimated $51.3M sold.

Based on aggregated 13F filings for Q4 2017.