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First Citizens BancShares
FCNCA

409 hedge funds and large institutions have $9.13B invested in First Citizens BancShares in 2023 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 100 increasing their positions, 150 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more funds holding in top 10

Funds holding in top 10: 9 → 23 (+14)

36% more capital invested

Capital invested by funds: $6.72B → $9.13B (+$2.41B)

30% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 77

16% more call options, than puts

Call options by funds: $218M | Put options by funds: $188M

4% more funds holding

Funds holding: 395 → 409 (+14)

3.24% more ownership

Funds ownership: 67.23% → 70.47% (+3.2%)

33% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 150

Holders
409
Holders Change
+14
Holders Change %
+3.54%
% of All Funds
6.52%
Holding in Top 10
23
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+155.56%
% of All Funds
0.37%
New
100
Increased
100
Reduced
150
Closed
77
Calls
$218M
Puts
$188M
Net Calls
+$29.6M
Net Calls Change
+$48.1M

Top Buyers

1
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
+$146M
2
SC
Sessa Capital
New York
+$121M
3
Citadel Advisors
Citadel Advisors
Florida
+$104M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$96.7M
5
Coatue Management
Coatue Management
New York
+$96.1M

Top Sellers

1
Invesco
Invesco
Georgia
-$148M
2
LPC
Lone Pine Capital
Connecticut
-$133M
3
ECU
Egerton Capital (UK)
United Kingdom
-$79.7M
4
ACM
Alua Capital Management
New York
-$71M
5
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
-$64.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJT
226
Raymond James Trust
Florida
$700K -$3.71K -5 -0.7%
Nordea Investment Management
227
Nordea Investment Management
Sweden
$697K +$35.6K +48 +7%
PAM
228
Panagora Asset Management
Massachusetts
$694K – – –
SMDAM
229
Sumitomo Mitsui DS Asset Management
Japan
$690K – – –
PFO
230
PMC FIG Opportunities
Israel
$681K +$520K +700 New
CAN
231
Cetera Advisor Networks
California
$665K -$73.5K -99 -13%
M&T Bank
232
M&T Bank
New York
$645K -$15.6K -21 -3%
X
233
Xponance
Pennsylvania
$630K -$3.71K -5 -0.8%
Daiwa Securities Group
234
Daiwa Securities Group
Japan
$617K – – –
WCM
235
Whitener Capital Management
North Carolina
$611K +$466K +628 New
BC
236
Burney Company
Virginia
$610K -$60.2K -81 -11%
KPWS
237
Kestra Private Wealth Services
Texas
$608K +$464K +625 New
US Bancorp
238
US Bancorp
Minnesota
$597K -$3.71K -5 -0.8%
TL
239
Tradewinds LLC
North Carolina
$590K +$451K +607 New
HIC
240
Holderness Investments Company
North Carolina
$590K – – –
SCA
241
Snowden Capital Advisors
New York
$585K -$274K -369 -38%
NA
242
NewEdge Advisors
Louisiana
$562K +$143K +192 +50%
GAM
243
Gotham Asset Management
New York
$560K -$729K -982 -63%
EI
244
Ethic Inc
New York
$559K +$426K +574 New
PFS
245
Physicians Financial Services
North Carolina
$535K +$22.3K +30 +6%
VPIM
246
Vanguard Personalized Indexing Management
California
$530K -$636K -857 -61%
RJFSA
247
Raymond James Financial Services Advisors
Florida
$525K +$117K +157 +41%
MCM
248
Mill Capital Management
North Carolina
$511K – – –
CCM
249
Community Capital Management
Florida
$506K – – –
EA
250
Emerald Advisers
Pennsylvania
$490K +$374K +504 New
8 9
10
11 12

FCNCA Hedge Fund Activity: Q1 2023 in Review

409 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2023, worth a combined $9.13B — up 36% from $6.72B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new FCNCA positions and 77 closed out — a net gain of 23 holders — while 100 added to existing stakes and 150 trimmed.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $146M. The largest seller was Invesco, cutting an estimated $148M.

  • 409 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2023, up from 395 in Q4 2022.
  • Funds reported $9.13B of First Citizens BancShares stock for Q1 2023, up 36% quarter-over-quarter.
  • 100 funds opened new First Citizens BancShares positions in Q1 2023 and 77 closed out, a net change of +23 holders.
  • The largest First Citizens BancShares buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $146M added.
  • The largest First Citizens BancShares seller in Q1 2023 was Invesco, an estimated $148M sold.

Based on aggregated 13F filings for Q1 2023.