First Bancorp
240 hedge funds and large institutions have $2.34B invested in First Bancorp in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 109 reducing their positions, and 26 closing their positions.
23,400% more call options, than puts
Call options by funds: $235K | Put options by funds: $1K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
3% less capital invested
Capital invested by funds: $2.41B → $2.34B (-$74.2M)
2% less funds holding
Funds holding: 244 → 240 (-4)
1.64% less ownership
Funds ownership: 92.58% → 90.94% (-1.6%)
41% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$91.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$25.4M |
| 3 |
Morgan Stanley
New York
|
+$15.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.2M |
| 5 |
JP Morgan Chase
New York
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$28.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$28.5M |
| 3 |
Man Group
London,
United Kingdom
|
-$24.1M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$12.9M |
| 5 |
Millennium Management
New York
|
-$12.7M |
FBP Hedge Fund Activity: Q2 2022 in Review
240 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2022, worth a combined $2.34B — down 3.1% from $2.41B a quarter earlier.
Fund positioning in FBP was balanced in Q2 2022: 26 funds opened new positions, 26 closed out, 64 added to existing stakes and 109 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $91.9M. The largest seller was Goldman Sachs, cutting an estimated $28.8M.
- 240 institutional investors held First Bancorp (FBP) as of Q2 2022, down from 244 in Q1 2022.
- Funds reported $2.34B of First Bancorp stock for Q2 2022, down 3.1% quarter-over-quarter.
- 26 funds opened new First Bancorp positions in Q2 2022 and 26 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q2 2022 was AllianceBernstein, an estimated $91.9M added.
- The largest First Bancorp seller in Q2 2022 was Goldman Sachs, an estimated $28.8M sold.
Based on aggregated 13F filings for Q2 2022.