First Bancorp
215 hedge funds and large institutions have $1.98B invested in First Bancorp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 72 increasing their positions, 72 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 72
0.76% less ownership
Funds ownership: 92.16% → 91.41% (-0.76%)
2% less funds holding
Funds holding: 220 → 215 (-5)
10% less capital invested
Capital invested by funds: $2.2B → $1.98B (-$225M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.5M |
| 2 |
Millennium Management
New York
|
+$15.9M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$11.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.66M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.9M |
| 2 |
Bank of New York Mellon
New York
|
-$12.4M |
| 3 |
Man Group
London,
United Kingdom
|
-$12M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.74M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$8.94M |
FBP Hedge Fund Activity: Q3 2019 in Review
215 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q3 2019, worth a combined $1.98B — down 10% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FBP and 23 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 72 added.
The largest buyer was Fidelity Investments, adding an estimated $23.5M. The largest seller was Invesco, cutting an estimated $15.9M.
- 215 institutional investors held First Bancorp (FBP) as of Q3 2019, down from 220 in Q2 2019.
- Funds reported $1.98B of First Bancorp stock for Q3 2019, down 10% quarter-over-quarter.
- 23 funds opened new First Bancorp positions in Q3 2019 and 28 closed out, a net change of -5 holders.
- The largest First Bancorp buyer in Q3 2019 was Fidelity Investments, an estimated $23.5M added.
- The largest First Bancorp seller in Q3 2019 was Invesco, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2019.