First Citizens BancShares
FCNCA
213 hedge funds and large institutions have $3.8B invested in First Citizens BancShares in 2021 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 51 increasing their positions, 79 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
59% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 27
55% more capital invested
Capital invested by funds: $2.45B → $3.8B (+$1.35B)
8% more funds holding
Funds holding: 198 → 213 (+15)
3.19% more ownership
Funds ownership: 48.45% → 51.64% (+3.2%)
35% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$73.9M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$72.4M |
| 3 |
TCIM
TOMS Capital Investment Management
New York
|
+$52.8M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$50.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.7M |
| 2 |
PCM
Palestra Capital Management
New York
|
-$31.4M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$24.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$23.7M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$21.6M |
FCNCA Hedge Fund Activity: Q1 2021 in Review
213 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2021, worth a combined $3.8B — up 55% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FCNCA positions and 27 closed out — a net gain of 16 holders — while 51 added to existing stakes and 79 trimmed.
The largest buyer was State Street, adding an estimated $73.9M. The largest seller was Fidelity Investments, cutting an estimated $43.7M.
- 213 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2021, up from 198 in Q4 2020.
- Funds reported $3.8B of First Citizens BancShares stock for Q1 2021, up 55% quarter-over-quarter.
- 43 funds opened new First Citizens BancShares positions in Q1 2021 and 27 closed out, a net change of +16 holders.
- The largest First Citizens BancShares buyer in Q1 2021 was State Street, an estimated $73.9M added.
- The largest First Citizens BancShares seller in Q1 2021 was Fidelity Investments, an estimated $43.7M sold.
Based on aggregated 13F filings for Q1 2021.