First Bancorp
203 hedge funds and large institutions have $1.8B invested in First Bancorp in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 53 reducing their positions, and 15 closing their positions.
549% more call options, than puts
Call options by funds: $6.27M | Put options by funds: $966K
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
60% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 53
19% more capital invested
Capital invested by funds: $1.51B → $1.8B (+$288M)
6% more funds holding
Funds holding: 192 → 203 (+11)
0.09% less ownership
Funds ownership: 91.26% → 91.17% (-0.09%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37.7M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$33.7M |
| 3 |
TA
Teachers Advisors
New York
|
+$15.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.2M |
| 5 |
JP Morgan Chase
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$49M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$47M |
| 3 |
MCM
Moore Capital Management
New York
|
-$46.4M |
| 4 |
TCP
Tourbillon Capital Partners
New York
|
-$17.8M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$13M |
FBP Hedge Fund Activity: Q3 2018 in Review
203 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2018, worth a combined $1.8B — up 19% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FBP positions and 15 closed out — a net gain of 12 holders — while 85 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $37.7M. The largest seller was Point72 Asset Management, cutting an estimated $49M.
- 203 institutional investors held First Bancorp (FBP) as of Q3 2018, up from 192 in Q2 2018.
- Funds reported $1.8B of First Bancorp stock for Q3 2018, up 19% quarter-over-quarter.
- 27 funds opened new First Bancorp positions in Q3 2018 and 15 closed out, a net change of +12 holders.
- The largest First Bancorp buyer in Q3 2018 was BlackRock, an estimated $37.7M added.
- The largest First Bancorp seller in Q3 2018 was Point72 Asset Management, an estimated $49M sold.
Based on aggregated 13F filings for Q3 2018.