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First Citizens BancShares

470 hedge funds and large institutions have $11.7B invested in First Citizens BancShares in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 122 increasing their positions, 164 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 52

28% more capital invested

Capital invested by funds: $9.13B → $11.7B (+$2.54B)

15% more funds holding

Funds holding: 409470 (+61)

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

3.05% less ownership

Funds ownership: 70.47%67.42% (-3.1%)

26% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 164

27% less call options, than puts

Call options by funds: $117M | Put options by funds: $161M

Holders
470
Holders Change
+61
Holders Change %
+14.91%
% of All Funds
7.38%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.39%
New
113
Increased
122
Reduced
164
Closed
52
Calls
$117M
Puts
$161M
Net Calls
-$44.2M
Net Calls Change
-$73.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BCIM
226
British Columbia Investment Management
British Columbia, Canada
$1.26M +$18.5K +16 +2%
DF
227
Donoghue Forlines
Massachusetts
$1.24M +$1.12M +968 New
EC
228
Estate Counselors
Wisconsin
$1.24M -$816K -705 -42%
DFCM
229
Dark Forest Capital Management
Puerto Rico
$1.23M +$1.11M +962 New
TRCT
230
Tower Research Capital (TRC)
New York
$1.23M -$3.24M -2,803 -74%
KBC Group
231
KBC Group
Belgium
$1.22M -$2.05M -1,775 -65%
PP
232
Prudential plc
United Kingdom
$1.22M -$17.4K -15 -2%
EMFAT
233
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.2M +$180K +156 +20%
SO
234
STRS Ohio
Ohio
$1.19M -$2.56M -2,212 -71%
EI
235
Ethic Inc
New York
$1.17M +$386K +334 +58%
SMDAM
236
Sumitomo Mitsui DS Asset Management
Japan
$1.13M +$194K +168 +24%
Mackenzie Financial
237
Mackenzie Financial
Ontario, Canada
$1.12M +$1M +868 New
Principal Financial Group
238
Principal Financial Group
Iowa
$1.11M -$300K -259 -23%
ML
239
Mayport LLC
Massachusetts
$1.1M -$83.3K -72 -8%
AG
240
AIA Group
Hong Kong
$1.1M +$993K +858 New
HAI
241
Hennessy Advisors Inc
California
$1.09M -$3.07M -2,650 -76%
MML Investors Services
242
MML Investors Services
Massachusetts
$1.09M -$399K -345 -29%
MSRPS
243
Maryland State Retirement & Pension System
Maryland
$1.06M -$40.5K -35 -4%
EWP
244
Engrave Wealth Partners
Texas
$1.05M -$4.63K -4 -0.5%
PNC Financial Services Group
245
PNC Financial Services Group
Pennsylvania
$1.04M -$285K -246 -23%
Prudential Financial
246
Prudential Financial
New Jersey
$1.03M -$1.68M -1,452 -65%
TD Asset Management
247
TD Asset Management
Ontario, Canada
$1.03M -$27.8K -24 -3%
SF
248
Synovus Financial
Georgia
$1M
Caisse de Depot et Placement du Quebec (CDPQ)
249
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1M +$902K +780 New
4WM
250
44 Wealth Management
Oregon
$984K -$108K -93 -11%

FCNCA Hedge Fund Activity: Q2 2023 in Review

470 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2023, worth a combined $11.7B — up 28% from $9.13B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new FCNCA positions and 52 closed out — a net gain of 61 holders — while 122 added to existing stakes and 164 trimmed.

The largest buyer was MFN Partners, opening a new position worth an estimated $231M. The largest seller was Egerton Capital (UK), cutting an estimated $316M.

  • 470 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2023, up from 409 in Q1 2023.
  • Funds reported $11.7B of First Citizens BancShares stock for Q2 2023, up 28% quarter-over-quarter.
  • 113 funds opened new First Citizens BancShares positions in Q2 2023 and 52 closed out, a net change of +61 holders.
  • The largest First Citizens BancShares buyer in Q2 2023 was MFN Partners, an estimated $231M added.
  • The largest First Citizens BancShares seller in Q2 2023 was Egerton Capital (UK), an estimated $316M sold.

Based on aggregated 13F filings for Q2 2023.