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First Citizens BancShares

573 hedge funds and large institutions have $15.1B invested in First Citizens BancShares in 2024 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 187 increasing their positions, 201 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 48

46% more call options, than puts

Call options by funds: $239M | Put options by funds: $164M

3% more funds holding

Funds holding: 557573 (+16)

4% more capital invested

Capital invested by funds: $14.5B → $15.1B (+$579M)

0.55% more ownership

Funds ownership: 65.52%66.07% (+0.55%)

7% less repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 201

15% less funds holding in top 10

Funds holding in top 10: 2723 (-4)

Holders
573
Holders Change
+16
Holders Change %
+2.87%
% of All Funds
8.28%
Holding in Top 10
23
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-14.81%
% of All Funds
0.33%
New
76
Increased
187
Reduced
201
Closed
48
Calls
$239M
Puts
$164M
Net Calls
+$75.6M
Net Calls Change
+$18M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$115M +$4.47M +2,673 +4%
Morgan Stanley
27
Morgan Stanley
New York
$113M -$2.51M -1,499 -2%
ACL
28
Azora Capital LP
Florida
$101M +$56.8M +33,948 +131%
SFM
29
Systematic Financial Management
New Jersey
$99.7M -$11.2M -6,679 -10%
RP
30
Reinhart Partners
Wisconsin
$94.9M -$3.68M -2,201 -4%
Hotchkis & Wiley Capital Management
31
Hotchkis & Wiley Capital Management
California
$90.1M -$2.33M -1,394 -3%
UBS AM
32
UBS AM
Illinois
$85.7M +$34.4M +20,540 +68%
Charles Schwab
33
Charles Schwab
California
$77.1M +$2.82M +1,683 +4%
Legal & General Group
34
Legal & General Group
United Kingdom
$71.5M +$631K +377 +0.9%
ZIG
35
Zurich Insurance Group
Switzerland
$71M +$48.8M +29,194 +225%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$70.7M -$3.32M -1,982 -5%
CVA
37
Ceredex Value Advisors
Florida
$67M -$12.2M -7,320 -16%
SC
38
Sculptor Capital
New York
$64M +$9.14M +5,467 +17%
TSW
39
Thompson Siegel & Walmsley
Virginia
$63.5M +$4.89M +2,926 +8%
Qube Research & Technologies (QRT)
40
Qube Research & Technologies (QRT)
United Kingdom
$59.8M +$42.9M +25,637 +259%
Invesco
41
Invesco
Georgia
$59.5M +$36.8M +22,024 +165%
Westfield Capital Management
42
Westfield Capital Management
Massachusetts
$54.9M +$8.2M +4,901 +18%
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$50.7M +$12.6M +7,541 +34%
CA
44
Cortland Associates
Missouri
$48.5M +$512K +306 +1%
GC
45
Gobi Capital
California
$48.2M -$54.2M -32,412 -53%
AIMCA
46
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$47.4M -$502K -300 -1%
CCM
47
Check Capital Management
California
$47.1M +$274K +164 +0.6%
Lord, Abbett & Co
48
Lord, Abbett & Co
New Jersey
$45.3M -$3.92M -2,344 -8%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$42.7M +$2.72M +1,628 +7%
RA
50
Royce & Associates
New York
$42.5M -$1.67M -1,000 -4%

FCNCA Hedge Fund Activity: Q2 2024 in Review

573 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2024, worth a combined $15.1B — up 4% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new FCNCA positions and 48 closed out — a net gain of 28 holders — while 187 added to existing stakes and 201 trimmed.

The largest buyer was Harris Associates, adding an estimated $270M. The largest seller was Sessa Capital, exiting entirely with an estimated $161M sold.

  • 573 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2024, up from 557 in Q1 2024.
  • Funds reported $15.1B of First Citizens BancShares stock for Q2 2024, up 4% quarter-over-quarter.
  • 76 funds opened new First Citizens BancShares positions in Q2 2024 and 48 closed out, a net change of +28 holders.
  • The largest First Citizens BancShares buyer in Q2 2024 was Harris Associates, an estimated $270M added.
  • The largest First Citizens BancShares seller in Q2 2024 was Sessa Capital, an estimated $161M sold.

Based on aggregated 13F filings for Q2 2024.