First Citizens BancShares
FCNCA
125 hedge funds and large institutions have $998M invested in First Citizens BancShares in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 34 reducing their positions, and 15 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 34
7% more capital invested
Capital invested by funds: $932M → $998M (+$65.9M)
5% less funds holding
Funds holding: 131 → 125 (-6)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$10.2M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.19M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.81M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.76M |
| 5 |
Goldman Sachs
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
-$14.2M |
| 2 |
BC
BHR Capital
New York
|
-$9.6M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$7.36M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$4.35M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.09M |
FCNCA Hedge Fund Activity: Q3 2013 in Review
125 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q3 2013, worth a combined $998M — up 7.1% from $932M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FCNCA and 11 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 57 added.
The largest buyer was Huber Capital Management, adding an estimated $10.2M. The largest seller was Cyrus Capital Partners, exiting entirely with an estimated $14.2M sold.
- 125 institutional investors held First Citizens BancShares (FCNCA) as of Q3 2013, down from 131 in Q2 2013.
- Funds reported $998M of First Citizens BancShares stock for Q3 2013, up 7.1% quarter-over-quarter.
- 11 funds opened new First Citizens BancShares positions in Q3 2013 and 15 closed out, a net change of -4 holders.
- The largest First Citizens BancShares buyer in Q3 2013 was Huber Capital Management, an estimated $10.2M added.
- The largest First Citizens BancShares seller in Q3 2013 was Cyrus Capital Partners, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2013.