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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.

New
Increased
Maintained
Reduced
Closed

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: 174175 (+1)

1.52% less ownership

Funds ownership: 92.63%91.1% (-1.5%)

Holders
175
Holders Change
+1
Holders Change %
+0.57%
% of All Funds
4.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
65
Reduced
55
Closed
23
Calls
$1.12M
Puts
$338K
Net Calls
+$778K
Net Calls Change
+$830K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$143M +$1.87M +318,143 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$115M +$3.64M +617,441 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$95.2M +$12.4M +2,098,482 +15%
FCM
4
Frontier Capital Management
Massachusetts
$70.3M +$7.38M +1,252,794 +12%
Point72 Asset Management
5
Point72 Asset Management
Connecticut
$60.8M -$7.36M -1,250,010 -11%
State Street
6
State Street
Massachusetts
$55.4M +$8.44M +1,433,084 +18%
MCM
7
Moore Capital Management
New York
$49.8M +$22.9M +3,883,423 +88%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$47.1M +$4.71M +799,664 +11%
Hotchkis & Wiley Capital Management
9
Hotchkis & Wiley Capital Management
California
$36.4M -$210K -35,645 -0.6%
JP Morgan Chase
10
JP Morgan Chase
New York
$32.6M -$2.76M -468,581 -8%
Norges Bank
11
Norges Bank
Norway
$29.1M -$5.97M -1,013,467 -17%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$21.1M +$1.46M +248,571 +8%
CC
13
Carlson Capital
Texas
$20.1M -$2.04M -346,869 -9%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$18.3M -$9.49M -1,612,280 -35%
TCP
15
Tourbillon Capital Partners
New York
$18.3M +$17.9M +3,034,790 New
Millennium Management
16
Millennium Management
New York
$17.1M +$10.3M +1,754,333 +161%
Ameriprise
17
Ameriprise
Minnesota
$15.6M +$1.85M +313,770 +14%
SCA
18
Stieven Capital Advisors
Missouri
$14.5M -$1.88M -320,000 -12%
VOYA Investment Management
19
VOYA Investment Management
Georgia
$14.2M -$3.63M -616,440 -21%
AQR Capital Management
20
AQR Capital Management
Connecticut
$13.3M -$947K -160,882 -7%
Northern Trust
21
Northern Trust
Illinois
$13.1M +$304K +51,700 +2%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$13M -$766K -130,158 -6%
Charles Schwab
23
Charles Schwab
California
$12.9M +$336 +57 +0%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$11.9M +$3.64M +618,365 +46%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$11.5M -$7.12M -1,208,632 -39%

FBP Hedge Fund Activity: Q1 2018 in Review

175 of the 4,364 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.