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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
BL
376
Balentine LLC
Georgia
$234K +$211K +182 New
API
377
Advisor Partners II
California
$231K +$208K +180 New
SAM
378
Shell Asset Management
Netherlands
$228K -$194K -168 -49%
FHC
379
First Heartland Consultants
Missouri
$226K +$204K +176 New
MAC
380
Mason & Associates (California)
California
$219K +$198K +171 New
Thrivent Financial for Lutherans
381
Thrivent Financial for Lutherans
Minnesota
$218K +$197K +170 New
MC
382
Machina Capital
France
$217K +$195K +169 New
IC
383
IEQ Capital
California
$214K -$49.7K -43 -20%
Vontobel Holding
384
Vontobel Holding
Switzerland
$212K +$191K +165 New
IA
385
IFP Advisors
Florida
$209K -$11.6K -10 -6%
HCA
386
Harbor Capital Advisors
Illinois
$209K +$189K +163 New
BEI
387
Benjamin Edwards Inc
Missouri
$208K +$30.1K +26 +19%
BNP Paribas Asset Management
388
BNP Paribas Asset Management
France
$208K +$187K +162 New
VCA
389
Verdence Capital Advisors
Maryland
$205K +$185K +160 New
QCG
390
Quadrant Capital Group
Ohio
$203K +$16.2K +14 +10%
MGP
391
Metis Global Partners
California
$200K +$180K +156 New
Carson Wealth (CWM LLC)
392
Carson Wealth (CWM LLC)
Nebraska
$177K +$44K +38 +38%
SIC
393
Salem Investment Counselors
North Carolina
$148K
CT
394
Colonial Trust
South Carolina
$146K -$226K -195 -63%
AIG
395
American International Group
New York
$139K -$17.4K -15 -12%
UM
396
UniSuper Management
Australia
$128K +$116K +100 New
SPIA
397
Steward Partners Investment Advisory
New York
$123K
CI Investments Inc
398
CI Investments Inc
Ontario, Canada
$123K +$15K +13 +16%
SOW
399
State of Wyoming
Wyoming
$117K +$1.16K +1 +1%
DZ Bank
400
DZ Bank
Germany
$97.5K +$87.9K +76 New

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.