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First Bancorp

192 hedge funds and large institutions have $1.51B invested in First Bancorp in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 62 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,506% more call options, than puts

Call options by funds: $4.69M | Put options by funds: $292K

138% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 13

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

27% more capital invested

Capital invested by funds: $1.19B → $1.51B (+$324M)

13% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 62

10% more funds holding

Funds holding: 175192 (+17)

0.15% more ownership

Funds ownership: 91.1%91.26% (+0.15%)

Holders
192
Holders Change
+17
Holders Change %
+9.71%
% of All Funds
4.4%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
31
Increased
70
Reduced
62
Closed
13
Calls
$4.69M
Puts
$292K
Net Calls
+$4.4M
Net Calls Change
+$3.62M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$204M +$21.3M +2,881,119 +12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$159M +$12.9M +1,745,832 +9%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$130M +$8.58M +1,159,712 +7%
FCM
4
Frontier Capital Management
Massachusetts
$86.6M -$2.62M -353,916 -3%
MCM
5
Moore Capital Management
New York
$73.5M +$9.86M +1,332,520 +16%
State Street
6
State Street
Massachusetts
$67.1M -$3.2M -432,685 -5%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$60.1M +$291K +39,300 +0.5%
Point72 Asset Management
8
Point72 Asset Management
Connecticut
$49M -$27.3M -3,691,307 -37%
JP Morgan Chase
9
JP Morgan Chase
New York
$39.2M -$2.17M -293,395 -5%
Norges Bank
10
Norges Bank
Norway
$37M
Wellington Management Group
11
Wellington Management Group
Massachusetts
$28.6M +$5.13M +693,519 +23%
Hotchkis & Wiley Capital Management
12
Hotchkis & Wiley Capital Management
California
$27.9M -$17.7M -2,397,057 -40%
Alyeska Investment Group
13
Alyeska Investment Group
Illinois
$27.8M +$16.5M +2,226,566 +159%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$27.4M +$520K +70,341 +2%
EC
15
EJF Capital
Virginia
$27.2M +$26.3M +3,554,150 New
Ameriprise
16
Ameriprise
Minnesota
$23.5M +$3.58M +483,270 +19%
Prudential Financial
17
Prudential Financial
New Jersey
$20.4M +$13M +1,763,322 +194%
CC
18
Carlson Capital
Texas
$19M -$6.27M -847,400 -25%
Northern Trust
19
Northern Trust
Illinois
$18.4M +$1.63M +220,889 +10%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$17.8M +$1.24M +167,708 +8%
TCP
21
Tourbillon Capital Partners
New York
$17.8M -$5.23M -707,111 -23%
Millennium Management
22
Millennium Management
New York
$15.9M -$5.68M -767,909 -27%
AQR Capital Management
23
AQR Capital Management
Connecticut
$15.4M -$1.36M -183,952 -8%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$15.1M +$471K +63,703 +3%
UBS Group
25
UBS Group
Switzerland
$14.6M +$4.11M +555,041 +41%

FBP Hedge Fund Activity: Q2 2018 in Review

192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2018, worth a combined $1.51B — up 27% from $1.19B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FBP positions and 13 closed out — a net gain of 18 holders — while 70 added to existing stakes and 62 trimmed.

The largest buyer was EJF Capital, opening a new position worth an estimated $26.3M. The largest seller was Point72 Asset Management, cutting an estimated $27.3M.

  • 192 institutional investors held First Bancorp (FBP) as of Q2 2018, up from 175 in Q1 2018.
  • Funds reported $1.51B of First Bancorp stock for Q2 2018, up 27% quarter-over-quarter.
  • 31 funds opened new First Bancorp positions in Q2 2018 and 13 closed out, a net change of +18 holders.
  • The largest First Bancorp buyer in Q2 2018 was EJF Capital, an estimated $26.3M added.
  • The largest First Bancorp seller in Q2 2018 was Point72 Asset Management, an estimated $27.3M sold.

Based on aggregated 13F filings for Q2 2018.