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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
Cerity Partners
251
Cerity Partners
New York
$978K +$12.7K +11 +1%
CANY
252
Caxton Associates (New York)
New York
$964K +$869K +751 New
Nordea Investment Management
253
Nordea Investment Management
Sweden
$959K
MF
254
Magnetar Financial
Illinois
$942K +$849K +734 New
Neuberger Berman Group
255
Neuberger Berman Group
New York
$936K +$554K +479 +192%
PAM
256
Panagora Asset Management
Massachusetts
$915K
US Bancorp
257
US Bancorp
Minnesota
$911K +$112K +97 +16%
FMWA
258
Forvis Mazars Wealth Advisors
Missouri
$908K +$818K +707 New
SFFS
259
Stonehage Fleming Financial Services
Jersey
$901K -$468K -405 -36%
PFO
260
PMC FIG Opportunities
Israel
$898K
PAM
261
Paradigm Asset Management
New York
$898K +$810K +700 New
TI
262
Tidal Investments
Wisconsin
$875K +$371K +321 +89%
YIH
263
Y-Intercept (HK)
Hong Kong
$869K +$783K +677 New
M&T Bank
264
M&T Bank
New York
$864K +$11.6K +10 +2%
HS
265
HighVista Strategies
Massachusetts
$848K +$765K +661 New
Creative Planning
266
Creative Planning
Kansas
$846K +$268K +232 +54%
Daiwa Securities Group
267
Daiwa Securities Group
Japan
$814K
VPIM
268
Vanguard Personalized Indexing Management
California
$805K +$94.9K +82 +15%
HIC
269
Holderness Investments Company
North Carolina
$778K
AIM
270
Aigen Investment Management
New York
$774K +$698K +603 New
MW
271
MBL Wealth
North Carolina
$770K +$347K +300 +100%
SIA
272
SkyView Investment Advisors
New Jersey
$763K +$651K +563 New
RJT
273
Raymond James Trust
Florida
$758K -$149K -129 -18%
CAN
274
Cetera Advisor Networks
California
$731K -$132K -114 -17%
Manulife (Manufacturers Life Insurance)
275
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$708K -$7.95M -6,872 -93%

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.