First Bancorp
175 hedge funds and large institutions have $1.19B invested in First Bancorp in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 55 reducing their positions, and 23 closing their positions.
230% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $338K
18% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 55
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
16% more capital invested
Capital invested by funds: $1.02B → $1.19B (+$165M)
1% more funds holding
Funds holding: 174 → 175 (+1)
1.52% less ownership
Funds ownership: 92.63% → 91.1% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$22.9M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
+$17.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.4M |
| 4 |
Millennium Management
New York
|
+$10.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$47.6M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$17.5M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$16.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.49M |
| 5 |
TA
Teachers Advisors
New York
|
-$7.7M |
FBP Hedge Fund Activity: Q1 2018 in Review
175 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2018, worth a combined $1.19B — up 16% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FBP positions and 23 closed out — a net gain of 4 holders — while 65 added to existing stakes and 55 trimmed.
The largest buyer was Moore Capital Management, adding an estimated $22.9M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $47.6M sold.
- 175 institutional investors held First Bancorp (FBP) as of Q1 2018, up from 174 in Q4 2017.
- Funds reported $1.19B of First Bancorp stock for Q1 2018, up 16% quarter-over-quarter.
- 27 funds opened new First Bancorp positions in Q1 2018 and 23 closed out, a net change of +4 holders.
- The largest First Bancorp buyer in Q1 2018 was Moore Capital Management, an estimated $22.9M added.
- The largest First Bancorp seller in Q1 2018 was Oaktree Capital Management, an estimated $47.6M sold.
Based on aggregated 13F filings for Q1 2018.