First Bancorp
244 hedge funds and large institutions have $2.41B invested in First Bancorp in 2022 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 67 increasing their positions, 110 reducing their positions, and 31 closing their positions.
19,350% more call options, than puts
Call options by funds: $389K | Put options by funds: $2K
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
2.94% more ownership
Funds ownership: 89.64% → 92.57% (+2.9%)
2% more funds holding
Funds holding: 239 → 244 (+5)
5% less capital invested
Capital invested by funds: $2.54B → $2.41B (-$128M)
39% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 110
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$59.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$34.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$15.6M |
| 4 |
Renaissance Technologies
New York
|
+$11.4M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$57M |
| 2 |
Bank of New York Mellon
New York
|
-$14.9M |
| 3 |
AG
Arctis Global
San Juan,
Puerto Rico
|
-$11.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.68M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$8.2M |
FBP Hedge Fund Activity: Q1 2022 in Review
244 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q1 2022, worth a combined $2.41B — down 5% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FBP positions and 31 closed out — a net gain of 7 holders — while 67 added to existing stakes and 110 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $59.4M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $57M sold.
- 244 institutional investors held First Bancorp (FBP) as of Q1 2022, up from 239 in Q4 2021.
- Funds reported $2.41B of First Bancorp stock for Q1 2022, down 5% quarter-over-quarter.
- 38 funds opened new First Bancorp positions in Q1 2022 and 31 closed out, a net change of +7 holders.
- The largest First Bancorp buyer in Q1 2022 was AllianceBernstein, an estimated $59.4M added.
- The largest First Bancorp seller in Q1 2022 was Arrowstreet Capital, an estimated $57M sold.
Based on aggregated 13F filings for Q1 2022.