First Citizens BancShares
FCNCA
494 hedge funds and large institutions have $12.3B invested in First Citizens BancShares in 2023 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 154 increasing their positions, 177 reducing their positions, and 33 closing their positions.
88% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 33
16% more funds holding in top 10
Funds holding in top 10: 25 → 29 (+4)
5% more capital invested
Capital invested by funds: $11.7B → $12.3B (+$617M)
5% more funds holding
Funds holding: 470 → 494 (+24)
7% less call options, than puts
Call options by funds: $103M | Put options by funds: $111M
1.56% less ownership
Funds ownership: 67.42% → 65.86% (-1.6%)
13% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 177
Top Buyers
| 1 |
D.E. Shaw & Co
New York
|
+$49.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$46.7M |
| 3 |
SC
Sculptor Capital
New York
|
+$42.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$27.6M |
Top Sellers
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$106M |
| 2 |
Jane Street
New York
|
-$80.8M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$56.8M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$43.6M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$42.3M |
FCNCA Hedge Fund Activity: Q3 2023 in Review
494 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q3 2023, worth a combined $12.3B — up 5.3% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new FCNCA positions and 33 closed out — a net gain of 29 holders — while 154 added to existing stakes and 177 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $49.7M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $106M.
- 494 institutional investors held First Citizens BancShares (FCNCA) as of Q3 2023, up from 470 in Q2 2023.
- Funds reported $12.3B of First Citizens BancShares stock for Q3 2023, up 5.3% quarter-over-quarter.
- 62 funds opened new First Citizens BancShares positions in Q3 2023 and 33 closed out, a net change of +29 holders.
- The largest First Citizens BancShares buyer in Q3 2023 was D.E. Shaw & Co, an estimated $49.7M added.
- The largest First Citizens BancShares seller in Q3 2023 was Hotchkis & Wiley Capital Management, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2023.