First Bancorp
238 hedge funds and large institutions have $2.82B invested in First Bancorp in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 76 increasing their positions, 99 reducing their positions, and 31 closing their positions.
3% more capital invested
Capital invested by funds: $2.73B → $2.82B (+$91.3M)
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: 31 | Existing positions closed: 31
0.39% less ownership
Funds ownership: 92.99% → 92.6% (-0.39%)
1% less funds holding
Funds holding: 240 → 238 (-2)
6% less call options, than puts
Call options by funds: $815K | Put options by funds: $867K
23% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$17.9M |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$8.16M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$7.45M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$7.44M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.3M |
| 4 |
BlackRock
New York
|
-$10.2M |
| 5 |
Millennium Management
New York
|
-$9.83M |
FBP Hedge Fund Activity: Q2 2024 in Review
238 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q2 2024, worth a combined $2.82B — up 3.3% from $2.73B a quarter earlier.
Fund positioning in FBP was balanced in Q2 2024: 31 funds opened new positions, 31 closed out, 76 added to existing stakes and 99 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $17.9M. The largest seller was Vanguard Group, cutting an estimated $18.9M.
- 238 institutional investors held First Bancorp (FBP) as of Q2 2024, down from 240 in Q1 2024.
- Funds reported $2.82B of First Bancorp stock for Q2 2024, up 3.3% quarter-over-quarter.
- 31 funds opened new First Bancorp positions in Q2 2024 and 31 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q2 2024 was Citadel Advisors, an estimated $17.9M added.
- The largest First Bancorp seller in Q2 2024 was Vanguard Group, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2024.