First Citizens BancShares
FCNCA
181 hedge funds and large institutions have $2.54B invested in First Citizens BancShares in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 76 reducing their positions, and 28 closing their positions.
15% more capital invested
Capital invested by funds: $2.22B → $2.54B (+$323M)
1.07% more ownership
Funds ownership: 50% → 51.07% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 194 → 181 (-13)
29% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 76
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$43.9M |
| 2 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$30M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$23.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.1M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$14.7M |
| 3 |
JP Morgan Chase
New York
|
-$10.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$9.02M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$8.77M |
FCNCA Hedge Fund Activity: Q3 2018 in Review
181 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q3 2018, worth a combined $2.54B — up 15% from $2.22B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FCNCA and 15 opened new positions — a net loss of 13 holders — while 76 trimmed existing stakes and 54 added.
The largest buyer was Millennium Management, adding an estimated $43.9M. The largest seller was Morgan Stanley, cutting an estimated $18.1M.
- 181 institutional investors held First Citizens BancShares (FCNCA) as of Q3 2018, down from 194 in Q2 2018.
- Funds reported $2.54B of First Citizens BancShares stock for Q3 2018, up 15% quarter-over-quarter.
- 15 funds opened new First Citizens BancShares positions in Q3 2018 and 28 closed out, a net change of -13 holders.
- The largest First Citizens BancShares buyer in Q3 2018 was Millennium Management, an estimated $43.9M added.
- The largest First Citizens BancShares seller in Q3 2018 was Morgan Stanley, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2018.