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First Citizens BancShares

470 hedge funds and large institutions have $11.7B invested in First Citizens BancShares in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 122 increasing their positions, 164 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 52

28% more capital invested

Capital invested by funds: $9.13B → $11.7B (+$2.54B)

15% more funds holding

Funds holding: 409470 (+61)

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

3.05% less ownership

Funds ownership: 70.47%67.42% (-3.1%)

26% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 164

27% less call options, than puts

Call options by funds: $117M | Put options by funds: $161M

Holders
470
Holders Change
+61
Holders Change %
+14.91%
% of All Funds
7.38%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.39%
New
113
Increased
122
Reduced
164
Closed
52
Calls
$117M
Puts
$161M
Net Calls
-$44.2M
Net Calls Change
-$73.8M
Name Holding Trade Value Shares
Change
Change in
Stake
QOP
51
Quinn Opportunity Partners
Virginia
$31.3M +$3.62M +3,130 +15%
Millennium Management
52
Millennium Management
New York
$30.5M +$17.4M +15,037 +172%
BCM
53
Basswood Capital Management
New York
$29.9M -$5.5M -4,756 -17%
LCM
54
Lakewood Capital Management
New York
$29.4M -$3.88M -3,350 -13%
National Pension Service
55
National Pension Service
South Korea
$29.2M +$26.5M +22,920 New
Balyasny Asset Management
56
Balyasny Asset Management
Illinois
$29.1M +$6.32M +5,463 +32%
Sumitomo Mitsui Trust Group
57
Sumitomo Mitsui Trust Group
Japan
$29.1M -$7.4M -6,401 -22%
GC
58
Greenlight Capital
New York
$28.9M
California Public Employees Retirement System
59
California Public Employees Retirement System
California
$27.8M -$3.61M -3,123 -13%
Arrowstreet Capital
60
Arrowstreet Capital
Massachusetts
$27.6M +$20.9M +18,049 +528%
First Trust Advisors
61
First Trust Advisors
Illinois
$26.9M +$947K +819 +4%
Marshall Wace
62
Marshall Wace
United Kingdom
$26.7M +$24.1M +20,828 New
WMSA
63
Weiss Multi-Strategy Advisers
New York
$25.5M +$553K +478 +2%
UBS AM
64
UBS AM
Illinois
$25.5M
SC
65
Sculptor Capital
New York
$24.8M -$40.1M -34,704 -64%
Franklin Resources
66
Franklin Resources
California
$24.8M +$22M +18,990 +5,953%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$22.4M -$1.57M -1,353 -7%
Natixis Advisors
68
Natixis Advisors
Massachusetts
$22.1M +$20M +17,250 New
ACH
69
ArrowMark Colorado Holdings
Colorado
$21.6M -$2.89M -2,500 -13%
SCP
70
Siena Capital Partners
Illinois
$21.1M +$16.1M +13,934 +516%
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$20.3M +$2.05M +1,775 +13%
Mitsubishi UFJ Trust & Banking
72
Mitsubishi UFJ Trust & Banking
Japan
$20M -$515K -445 -3%
Invesco
73
Invesco
Georgia
$19.7M +$5.63M +4,866 +46%
DLPIC
74
Davide Leone & Partners Investment Company
United Kingdom
$19.1M -$2.7M -2,336 -14%
DAM
75
Davis Asset Management
California
$18.2M

FCNCA Hedge Fund Activity: Q2 2023 in Review

470 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2023, worth a combined $11.7B — up 28% from $9.13B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new FCNCA positions and 52 closed out — a net gain of 61 holders — while 122 added to existing stakes and 164 trimmed.

The largest buyer was MFN Partners, opening a new position worth an estimated $231M. The largest seller was Egerton Capital (UK), cutting an estimated $316M.

  • 470 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2023, up from 409 in Q1 2023.
  • Funds reported $11.7B of First Citizens BancShares stock for Q2 2023, up 28% quarter-over-quarter.
  • 113 funds opened new First Citizens BancShares positions in Q2 2023 and 52 closed out, a net change of +61 holders.
  • The largest First Citizens BancShares buyer in Q2 2023 was MFN Partners, an estimated $231M added.
  • The largest First Citizens BancShares seller in Q2 2023 was Egerton Capital (UK), an estimated $316M sold.

Based on aggregated 13F filings for Q2 2023.