First Citizens BancShares
FCNCA
177 hedge funds and large institutions have $2.1B invested in First Citizens BancShares in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 60 increasing their positions, 59 reducing their positions, and 21 closing their positions.
4% more capital invested
Capital invested by funds: $2.01B → $2.1B (+$88.6M)
2% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 59
0.83% less ownership
Funds ownership: 49.91% → 49.08% (-0.83%)
3% less funds holding
Funds holding: 183 → 177 (-6)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$11.5M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$9.73M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.45M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.95M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$45.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$19M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$14.1M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
-$13.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.6M |
FCNCA Hedge Fund Activity: Q1 2019 in Review
177 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2019, worth a combined $2.1B — up 4.4% from $2.01B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FCNCA and 17 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 60 added.
The largest buyer was State Street, adding an estimated $11.5M. The largest seller was Millennium Management, cutting an estimated $45.9M.
- 177 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2019, down from 183 in Q4 2018.
- Funds reported $2.1B of First Citizens BancShares stock for Q1 2019, up 4.4% quarter-over-quarter.
- 17 funds opened new First Citizens BancShares positions in Q1 2019 and 21 closed out, a net change of -4 holders.
- The largest First Citizens BancShares buyer in Q1 2019 was State Street, an estimated $11.5M added.
- The largest First Citizens BancShares seller in Q1 2019 was Millennium Management, an estimated $45.9M sold.
Based on aggregated 13F filings for Q1 2019.