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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
Royal Bank of Canada
126
Royal Bank of Canada
Ontario, Canada
$6.06M -$543K -469 -9%
AC
127
AWH Capital
Texas
$6.05M +$3.34M +2,890 +158%
AQR Capital Management
128
AQR Capital Management
Connecticut
$5.74M -$12.5M -10,842 -71%
Nisa Investment Advisors
129
Nisa Investment Advisors
Missouri
$5.62M +$2.59M +2,243 +105%
Asset Management One
130
Asset Management One
Japan
$5.48M -$455K -393 -8%
EGI
131
EAM Global Investors
California
$5.32M +$4.79M +4,143 New
SSWM
132
Sheets Smith Wealth Management
North Carolina
$5.14M +$1.8M +1,555 +64%
Mitsubishi UFJ Asset Management
133
Mitsubishi UFJ Asset Management
Japan
$5.09M
Ensign Peak Advisors
134
Ensign Peak Advisors
Utah
$5.07M -$6.03M -5,210 -57%
PAMS
135
Pictet Asset Management (Switzerland)
Switzerland
$5.07M -$243K -210 -5%
Robeco Institutional Asset Management
136
Robeco Institutional Asset Management
Netherlands
$5.06M +$4.21M +3,642 +1,226%
American Century Companies
137
American Century Companies
Missouri
$4.96M +$452K +391 +11%
LS
138
Livforsakringsbolaget Skandia
Sweden
$4.81M +$3.79M +3,280 +683%
BC
139
Brookfield Corp
Ontario, Canada
$4.8M +$4.33M +3,739 New
MP
140
MSD Partners
New York
$4.73M
Citigroup
141
Citigroup
New York
$4.66M -$5.81M -5,025 -58%
Victory Capital Management
142
Victory Capital Management
Texas
$4.63M -$2.92M -2,521 -41%
CSS
143
Cubist Systematic Strategies
Connecticut
$4.48M +$3.81M +3,293 +1,647%
HPG
144
Harvest Portfolios Group
Ontario, Canada
$4.36M +$3.93M +3,400 New
BCI
145
Brinker Capital Investments
Pennsylvania
$4.33M -$881K -762 -18%
OPS
146
Orion Portfolio Solutions
Nebraska
$4.33M -$881K -762 -18%
Royal London Asset Management
147
Royal London Asset Management
United Kingdom
$4.32M +$3.38M +2,919 +653%
FAF
148
Fjarde Ap-fonden
Sweden
$4M -$1.97M -1,700 -35%
OC
149
Oppenheimer & Co
New York
$3.88M -$116K -100 -3%
BFM
150
Boothbay Fund Management
New York
$3.85M -$1.45M -1,250 -29%

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.